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Economic PolicyRationalismPhilosophy and Methodology
In their desire to make economic theory emulate physical sciences, economist create models that do not reflect genuine human action.
Media and CultureU.S. History
The free-market classical liberal William Graham Sumner believed that to succeed in the modern world, men must embrace the bourgeois "industrial" virtues such as skill, frugality, prudence, and self-denial.
The EnvironmentMedia and CultureProgressivism
While environmentalism seems to hold the moral high ground with US elites, in truth it is antihuman and economically and socially destructive.
The FedInflationMonetary PolicyU.S. Economy
US trade deficits seem to be expanding, placing pressure on the dollar. However, central banks around the world are just as irresponsible as the Fed, masking the relative devaluation of US money.
Taxes and Spending
The Republicans' "Fiscal Responsibility Act" allows the government to continue adding trillions of dollars of debt that will be monetized by the Federal Reserve.
In 2023, self-employment has collapsed again with year-over-year self-employment growth dropping by 6.5 percent. That's the largest drop since December 2007, when the Great Recession officially began.
HayekCalculation and KnowledgePricesProduction Theory
While F.A. Hayek's famous 1945 essay effectively critiques the "perfect information" hypothesis, it is an inadequate explanation of the issue of economic calculation.
Bureaucracy and RegulationMedia and CultureProgressivismThe Police State
Political leaders of the so-called liberal Western regimes are engaging in authoritarian tactics to quell legitimate dissent. But leftists who riot and burn get a free pass.