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Booms and BustsMoney and BanksMoney and Banking
The story of the failure of Silicon Valley Bank is the story of nearly every bank failure. Fractional reserve banking invites the risky behavior that brings down the banking system.
U.S. HistoryWorld History
There is no denying the awful history of slavery in the Western Hemisphere. However, to better understand its legacy, we must rely on truth, not myths.
Cronyism and CorporatismMonetary PolicyWar and Foreign Policy
As the Biden administration continues to inflate the dollar, other nations are questioning the existence of the petrodollar.
The answer lies not in doubling down on political unity, maintained through endless violence or threats of violence. Rather, the answer lies in peaceful separation.
History of the Austrian School of EconomicsPraxeology
One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics.
Decentralization and SecessionU.S. History
Opponents of secession say secession is wrong if some people in the population don't want it and say they will be worse off. The American revolutionaries disagreed and seceded anyway.
Media and CultureWar and Foreign Policy
Contrary to our elite media and political classes, the Chinese weather balloon was no threat to our well-being. However, the government's response to it made this a more dangerous world.
Cronyism and CorporatismEducation
Contrary to the claim that taxpayer subsidies for higher education provide great social benefits, these subsidies actually are a wealth transfer from the less-well-off to wealthy people.