As we prepare for 2021, here is a collection of Dr. Gordon's book reviews from the past year. Each article features his piercing Rothbardian-insight into some of the most important new books of 2020.
The French economist Jacques Rueff was the foremost opponent in the twentieth century of the gold exchange standard. He well described how the Bretton Woods enabled the US government to engage in seemingly endless deficit spending.
The aims of the WEF are not to plan every aspect of production and thus to direct all individual activity. Rather, the goal is to limit the possibilities for individual activity—by dint of squeezing out industries and producers within industries from the economy.
Murray Rothbard wrote, “The rate of interest is the price of ‘time.’” It’s safe to say the world’s central banks have manipulated and mispriced what time is worth.
There are ominous signs on the horizon that governments want to move toward mandating "socially responsible investing" for pensions and fund managers. This is a terrible idea, to say the least.
The Boston Tea Party was an opening act in what came to be a violent culture war and war of national liberation. And it helps us understand how America in 2020 could become as bitterly divided as America during the revolution.
During November 2020, year-over-year (YOY) growth in the money supply was at 37.08 percent. That's unchanged from October's rate, and up considerably from November 2019's rate of 5.9 percent.
