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Economic FreedomThe EntrepreneurEntrepreneurship
While rain at an outdoor concert is a nuisance for most attendees, a few entrepreneurs saw not "pennies from heaven," but dollars.
Booms and BustsThe FedMoney and BanksU.S. Economy
Fractional reserve banking by itself undermines both the banking system and the economy. No action by the Federal Reserve can eliminate the threats.
Economic FreedomThe EntrepreneurMedia and Culture
Individualism, while condemned in some cultures, has helped make this country economically successful. Will the influx of immigrants from cultures that devalue individualism reverse that success?
Taxes and SpendingU.S. Economy
Economically speaking, the US government is bankrupt even if the government won’t admit what is obvious. But how would an actual bankruptcy proceeding go?
InflationMonetary PolicyInterventionismMonetary TheoryMoney and Banking
Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.
Media and CulturePhilosophy and MethodologySubjectivismValue and Exchange
Modern Western culture is dominated by demands for "social justice." But how does one even define this term, and does social justice even produce justice in the end?
Money and BanksThe Police StateMoney and Banking
Contrary to Krugman, DeSantis and others warning about a CBDC aren’t being paranoid: they are simply drawing the obvious conclusions from history.
The Police StateWar and Foreign Policy
Sen. Lindsey Graham recently called for US military intervention in Mexico to fight the drug cartels. Someone needs to remind him that Mexico is a sovereign country.