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brics

The BRICS Currency Project Picks Up Speed

Central BanksMonetary PolicyMoney and BanksWar and Foreign Policy

Blog07/17/2023

Several nations look to develop a gold-based currency to bypass the US dollar. The world shall see after the BRICS nations meet next month how successful they are.

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zen

The Tao and the Synergy of the Spontaneous Order

HayekPhilosophyOther Schools of ThoughtPhilosophy and Methodology

Blog07/14/2023

More than two thousand years ago, the ancient Chinese Tao presented ideas that are reflected in F.A. Hayek's concept of spontaneous order.

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can

The Debt Ceiling Debate Was Pure Theater

Cronyism and CorporatismDemocracyTaxes and SpendingU.S. Economy

Blog07/12/2023

When it comes to the debt ceiling, political parties are irrelevant, and the recent debt ceiling drama, was little more than a sham. 

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tundra

The Soviet Abuse of Indigenous Peoples

SocialismThe Police StateWorld History

Blog07/11/2023

Socialists and communists claim to support the rights of "indigenous" peoples. However, that support rings hollow given how the USSR abused the native peoples of Siberia, all while American socialists and communists uncritically supported the Soviet Union.

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bidenomics.png

The Truth About Bidenomics: More Debt, More Inflation

Big GovernmentU.S. EconomyInterventionism

Blog07/10/2023

One of the biggest problems of Biden's neo-Keynesian approach to government budgets is that it leaves households with less money in real terms and the “anti-inflation” measures increase debt and inflation.

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cigarettes

To Smoke or Not to Smoke: The Cigarette Economy in Postwar Germany, 1945–48

Bureaucracy and RegulationEconomic PolicyFree MarketsU.S. HistoryWar and Foreign PolicyWorld History

Blog07/08/2023

Postwar Germany was occupied, in ruins, with an economy in chaos. Germans were reduced to using cigarettes supplied by American GIs as money.

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backstop

The Backstops for Banks Are Full of Holes

Monetary PolicyMoney and BanksU.S. Economy

Blog07/07/2023

The Federal Home Loan Bank (FHLB) is the latest "weapon" in the government's so-called arsenal to keep the banking system afloat. But the system needs much more than just "liquidity." It needs sound money and sound banking practices.

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sudan

The Major Cause of Mass Poverty in Sudan

Economic FreedomLegal SystemMedia and CultureSocialism

Blog07/06/2023

Sudan has neither the governmental nor social institutions that allow people to develop and build wealth. Instead, people get handouts from the West, which does nothing to reduce poverty.

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