JOIN OR RENEW TODAY
The West did not need resources from "Third World" colonies to attain economic development. In fact, colonialism was a result of the West's development, and not its cause.
Big GovernmentEconomic FreedomHealth
More threatened COVID lockdowns, and thus more bailouts and explosions of deficit spending, do not bode well for the global economy.
Booms and BustsMonetary PolicyTaxes and Spending
When people are scared they let the authorities get away with all sorts of nonsense. We're seeing this with the Federal Reserve right now.
InflationThe FedMonetary Policy
The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.
Big GovernmentPolitical Theory
The COVID-19 panic has provided a myriad of opportunities for politicians to exploit the fear and pain of ordinary people for personal profit.
Booms and BustsMonetary PolicyMoney and Banks
From New York to London to Brussels to Tokyo, central banks in the last two weeks have embraced a wide variety of extraordinary inflationary measures to prop up insolvent banks and governments.
Labor and WagesTaxes and Spending
Real higher wages can't be created with a government fiat. Worker productivity must first be increased through greater investment.
Decentralization and Secession
As the member states of the EU begin to shut their internal borders to their neighbors, we're reminded that state-to-state open borders in a place like the US do come with a downside.