JOIN OR RENEW TODAY
The EnvironmentGlobal Economy
As H. L. Mencken wrote, “For every complex problem there is an answer that is clear, simple, and wrong.” The EU's Green Deal is the latest example.
Protectionism and Free Trade
Americans ought to begin thinking of trade between the US and the UK as something comparable to trade between California and Idaho.
The length, scale, and scope of such downturns are greatly expanded under a system of fiat credit expansion.
Environmental activists in US politics are making it quite clear that their goal is nothing short of a socialist economic revolution.
Virtually all laws involve "legislating morality." When people use this phrase they often really just mean "I want laws to back my version of morality, not yours."
Financial MarketsGlobal EconomyMoney and Banking
Pumping yet more credit into the Eurozone is as effective as giving adrenalin to a dead horse.
Democracy works best at a small scale. The electoral college's nod to this reality is much too weak. But it's better than nothing.
Media and CultureSubjectivismValue and Exchange
Scrooge was wrong, and his Nephew Fred was right. While it's true the benefits of feasting with friends and family can't be calculated in a ledger, that doesn't mean those things have no value.