Mounting Deficits Mark the US’s Road to Ruin
For 2023, the United States will likely post the worst GDP growth—excluding debt increases—since 1929. In other words, the country is in a recession disguised by bloated deficit spending.
For 2023, the United States will likely post the worst GDP growth—excluding debt increases—since 1929. In other words, the country is in a recession disguised by bloated deficit spending.
How the Israel-Gaza war ends is easy to imagine because it's following a path that has been trod many times before. We've seen it many times during conflicts between settler populations and indigenous populations worldwide
Naomi Wolf has taken on the American medical bureaucracy for its lies and malpractice in dealing with covid.
Americans have been fed the myth that US foreign policy from 1919 to 1941 was isolationist. In reality, US policies destabilized already volatile international relations.
As war rages in the Middle East, we are reminded of what Mises wrote in 1949 on warfare and its awful effects.
The field of behavior economics downplays the role of purposeful praxeology in economics. Austrian economics does not make that error.
Federal flood insurance was created ostensibly to provide insurance to people who live in flood-prone areas. Not surprisingly, it subsidizes bad home-building decisions and wastes billions of dollars.
Modern prosperity is astonishing, but it can quickly disappear if our monetary unit fails. We need to keep up the fight for sound money.
The leviathan US state would not be possible without the Fed underwriting its growth. But the Fed is not all-powerful, nor can it continue to exist by only creating chaos.