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The more aggressive the central bank’s loose monetary stance is the more drainage of real wealth takes place and the less real wealth is left at the disposal of true wealth generators.
Congress has no small part in the endless cycle of debt, spending, and rising bureaucratic power.
Big GovernmentFinancial MarketsGlobal Economy
Blaming the euro will not save Italy. Italy’s problem is political spending — the same problem that this new budget is going to greatly increase.
To obtain more economic growth, what is needed is a supply of saved capital to put the advanced technological methods into effect.
The aim is no longer the "dictatorship of the proletariat," because this project has failed. The new goal is "the dictatorship of the intellectuals."
Protectionism and Free Trade
If modern claims about the harm of free trade are true, then Lincoln must have been helping the Confederacy with his military blockade.
Legal SystemU.S. History
Homicide rates in the US remain well below where they were 25 years ago, and stubbornly high homicide rates are a regional — and not a national — problem.
Big GovernmentGlobal EconomySocialism
While the outrage over Maduro’s dinner with "Salt Bae" is well deserved, it's just a taste of how socialism actually operates in the real world.