A Ticking Time Bomb: A Huge National Debt Plus Rising Interest Rates
As the national debt explodes and the federal government ramps up borrowing and spending, borrowing costs increase as well. Ordinary Americans will suffer the effects in due time.
As the national debt explodes and the federal government ramps up borrowing and spending, borrowing costs increase as well. Ordinary Americans will suffer the effects in due time.
Thanks to government interventionism and regulation, the once-promising gig economy is foundering. It's time to let entrepreneurs be entrepreneurs.
Another Labor Day has passed with the same pro-union rhetoric dominating the media and politics. However, being pro-union is not the same as being pro-labor, especially given that unions often are the most anti-worker entities in our political economy.
Forget the notion that the Armed Forces are under civilian control.What the generals want, the generals get.
The interventionist impulse is to alienate, divide, vilify, bomb, kill, and endlessly sow international discord. Yet it is the proponents of peace and trade, we are told, who are the "isolationists."
We should not be surprised that credit in the eurozone is falling along with monetary aggregates. The entire burden of monetary normalization is falling on the productive sector, families, and businesses, while many governments continue to increase deficit spending.
In the recent killing of an elderly Utah man by federal agents, the government shows it will come down hardest on those who don't pose realistic threats.
Just as liberty must be the highest political end, peace must be the highest end of foreign policy.
While Murray Rothbard believed that self-ownership formed the basis for private property rights, other philosophers disagree.
With the current jumble of poltical terms, it is hard to discern what is "libertarian," and what is not. Economic freedom and individual rights must be at the top of the list.