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Booms and BustsCentral BanksMonetary Policy
Keynesian economists claim that cutting costs in a business slowdown is counterproductive. As usual, the Keynesians have it backward.
Central BanksMonetary PolicyMoney and Banks
Suppose an addict had the ability to magically create, ex nihilo, his own stimulating drug, as fractional reserve banks can do with money and credit. Would you expect moderation?
DemocracyProgressivismWar and Foreign Policy
Western governments seem to relish a clash with Russia, despite the spectre of nuclear war should things escalate too far. If so, it will be a conflict built on lies told by government lies.
“Economic power,” then, is simply the right under freedom to refuse to make an exchange. Every man has this power. Political power, on the other hand, is something very different.
Bureaucracy and RegulationProgressivismSocialism
Canadian politicians tout their healthcare system as morally superior to private medicine. There is nothing moral about relegating thousands of people to death each year for lack of medical care.
The EnvironmentProgressivismWorld History
The "first" Children's Crusade of 1212 ended in tragedy for those taking part. The "second" crusade is not going to produce any happy endings, either.
Bureaucracy and RegulationProgressivismThe Police State
What happens when covid becomes the excuse for a lawless authoritarianism?
SocialismOther Schools of ThoughtPhilosophy and Methodology
Karl Marx may have been a philosopher or just someone with an opinion. He was not, however, an economist.