The interventionist impulse is to alienate, divide, vilify, bomb, kill, and endlessly sow international discord. Yet it is the proponents of peace and trade, we are told, who are the "isolationists."
Another Labor Day has passed with the same pro-union rhetoric dominating the media and politics. However, being pro-union is not the same as being pro-labor, especially given that unions often are the most anti-worker entities in our political economy.
In the recent killing of an elderly Utah man by federal agents, the government shows it will come down hardest on those who don't pose realistic threats.
We should not be surprised that credit in the eurozone is falling along with monetary aggregates. The entire burden of monetary normalization is falling on the productive sector, families, and businesses, while many governments continue to increase deficit spending.
Censoring and shutting down speech on the Internet is not a random thing. The people doing it are highly organized and almost always tied to ruling elites.
