JOIN OR RENEW TODAY
Taxes and Spending
The passage of an income tax in the early twentieth century in America was an enormous shift toward a far more centralized and powerful state.
If central banks had all respected a 1-2% floor to interest rates through the last decade how would economic recovery have taken place and what would have been the nature of the expansion?
Capital and Interest Theory
The importance of the division of labor hardly can be exaggerated, and it is also key in understanding the process of capital creation.
Tuesday night, Donald Trump claimed that Americans have always been free and "will stay free" of "government coercion." The U.S. regime's many victims would probably beg to differ.
History never quite repeats itself, but we can look for echoes of depressions from the 1920 and 1930s. Indeed, our current bubble shares some characteristics with bubbles of the past.
Money and BanksMoney and Banking
M1 and the monetary base are almost equal at this time, but this is unprecedented in modern monetary history, as usually the monetary base is a fraction of M1.
Big GovernmentHealthMedia and Culture
Grow the scope of government and expand the weapons of the state that can be deployed against its political enemies.
HealthMonopoly and Competition
Brand recognition, competition, and de-regulation are the keys to a more affordable and more competitive drug market.