Economic libertarianism, with its sole focus on government budgets and taxation, is a highly limiting political strategy. Libertarians should proceed as enemies of the state.
Not since 1981 has the inflation rate been higher than May's rate of 8.6%. Meanwhile, the Fed's idea of "quantitative tightening" is cutting its portfolio 0.5% over eight months.
When the USSR collapsed, it was hoped that Russia would develop a free market economy and respect individual rights. Unfortunately, the situation there is deteriorating.
The greatness of the nineteenth century consisted in the fact that to some extent the ideas of classical economics became the dominant philosophy of state and society.
