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Corporate WelfareTaxes and SpendingU.S. Economy
President Biden's nonsolution of partial "debt forgiveness" is in limbo, but the slow financial destruction that massive student loan debt is unleashing continues.
CapitalismFree MarketsU.S. History
Academic historians of the "acclaimed" new history of capitalism have a major weakness: their claims do not match the historical record.
Cronyism and CorporatismProgressivismTaxes and Spending
President Biden's recent student loan forgiveness initiative only exacerbates the real problem: the cost of a college education, thanks to government intervention, is outrageously high.
The FedMonetary Policy
Standard economic theory states that as an economy grows, the money supply should grow with it. Appealing to the Austrian tradition, Frank Shostak shows that belief is mistaken.
Booms and BustsBusiness Cycles
Conservatives have missed the point that it is not students particularly that are at fault for the student loan crises, but the entire bureaucratic economic-political system.
Jordan Peterson has linked identity politics to socialism. Instead, socialism is about empowering the state.
Typical teaching on stock prices says they are little more than a random walk. But people's purposeful actions are behind every economic transactions.
"Even those who actually voted for the adoption of the Constitution, did not pledge their faith for any specific time; since no specific time was named during which the association should continue."