JOIN OR RENEW TODAY
Some claim that slavery was the main reason for the success of the Industrial Revolution in Great Britain, but the answer lies elsewhere.
Leonard Read had much to say about how socialism already was entangled in our economic and social order.
Central banks claim that their main purposes are to help an economy maintain high rates of employment and price stability. Ironically, they claim to do this through inflation targets.
The money supply is on a long and fast downward trajectory. This points toward recession and is just one more indicator of economic weakness in addition to negative GDP and an inverted yield curve.
In wartime, politicians frequently attempt to claim that all the citizens of foreign states are guilty of all the crimes their regimes commit. This is a modern invention, and a barbaric one.
The FedInflationProgressivismGold StandardMonetary Theory
The current bout of inflation is the latest disaster in a string of disasters caused by government debasement of once sound money.
BitcoinMonetary TheoryPraxeologyValue and Exchange
Standard neoclassical definitions of money call it a means of exchange and a store of value. But is this correct?
Fortunately, the world is composed of many separate states, which enables "disobedient" residents in one state to escape to others, and fleeing conscription is merely an act of self-defense.