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Monetary PolicyMoney and BanksU.S. Economy
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.
Economic FreedomLegal SystemMedia and CultureSocialism
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.
"The basic root of the controversy over slavery to secession, in my opinion, was the aggressive, expansionist aims of the Southern 'slavocracy.'"
Bureaucracy and RegulationEconomic PolicyProgressivismU.S. Economy
The Federal Trade Commission is unwisely trying to block a merger between Microsoft and Activism. The result is more monopoly and higher prices.
Decentralization and SecessionU.S. History
The conservative judges chose to perpetuate the court's well-established and disastrous use of the Equal Protection Clause. The justices were careful to protect and strengthen federal power.
Economic PolicyFree MarketsOther Schools of ThoughtPhilosophy and Methodology
The "distributist" theorists Chesterton and Belloc imagined that economic interventionism could make life easier and more free. Yet their proposed system is neither moral nor practical.
U.S. HistoryWorld HistoryPolitical Theory
If my repeated insistence that I do not consent is insufficient to indicate my lack of consent, then what kind of crazy moral system is this?
The FedInflationMonetary PolicyU.S. Economy
The latest rage in macroceonomics is modern monetary theory, whose adherents invariably resort to the motte-and-bailey fallacy. Advocating inflation is never a good idea.