With US government debt skyrocketing past $33 trillion and possible recession looming, the Treasury faces the prospect of running out of suckers. Finding buyers for US debt will become much more difficult.
The concept of the state has more to do with the worldview of ancient Greek philosophers than with the Roman Empire. We could learn a few things about statelessness from the Romans.
Sen. Elizabeth Warren is at it again: demanding government intervention in the nation's healthcare system to deal with problems caused by earlier government intervention.
Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson, remains a best seller thirty years after his death.
Arkansas Gov. Sarah Huckabee Sanders is forcing a Chinese firm to sell its Arkansas land holdings in the name of “national security.” The order is economically destructive and serves no useful purpose.
Between war weariness and the inability of the US government to pay war bills, reality is going to come to the fore even if Washington doesn't like it.
The student loan program is descending into chaos and the Biden administration is clueless about what to do. Furthermore, the value of a college education continues to fall while college costs increase.
Because borrowing from the Fed continues to reach new highs, inflation is unlikely to drop as fast as M2 would indicate, and excess money growth continues to generate problems in the economy with few improvements as it just keeps zombie financial entities alive.
