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Cronyism and CorporatismThe FedMoney and BanksU.S. Economy
We are familiar with the five stages of grief. However, it is not a stretch to apply those stages to what is happening to the banking system. Right now, we are in the second stage: anger.
Cronyism and CorporatismEconomic FreedomWar and Foreign PolicyInterventionismPhilosophy and Methodology
Noam Chomsky's latest offering—a series of interviews—presents the best (and worst) of one of America's premier public intellectuals.
The EntrepreneurFree MarketsEntrepreneurship
Calls for black consumers to "Buy Black" can be interpreted as socially divisive, but they are also a way to encourage black entrepreneurs in a free market.
Bureaucracy and RegulationEconomic FreedomHayekCalculation and Knowledge
Shoddy service, regular breakdowns, and overbudget to boot. There is a reason why government-funded projects always waste resources.
Cronyism and CorporatismMedia and CultureProgressivism
American corporations are lavishing billions of dollars on leftist groups in the name of "equity." But many of them also are donating to even more questionable people and causes.
U.S. HistoryWar and Foreign Policy
One of the great fictions of US history is that the USA's foreign policy was based on noninterventionism until the nation was forced to enter World War II.
Economic PolicyCapital and Interest Theory
Progressive governments in the name of equity are calling for taxation of capital gains. They really are demanding destruction of capital through capital consumption.
With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression.