Nickel is a base metal the government used to replace silver. Since then, the government has inflated so much that even nickel is too valuable for US coinage.
It is impossible to grasp the idea of sound money without realizing that it was devised to protect civil liberties against state despotism.
While Fed policies openly try to make prices "stable," the central bank actually is creating economic instability and an impoverished economy.
Why did Barbados postslavery develop a more robust economy than Jamaica even though the people had similar ethnic backgrounds?
While people speak of "freedom" for the people of Ukraine, Western political leaders have used the invasion as an excuse to crack down on free speech.
Popular economic wisdom says central banks can counter harmful effects of inflation by raising interest rates. Unfortunately, such moves carry their own forms of misallocation of resources and capital.
With the shortage have come the usual half-baked bromides about "evil corporations" and how they aren't regulated enough. The real fault lies with welfare statists, Trump-style protectionists, and the FDA.
Enforceable and accepted private property rights can help bring some solutions to the acrimonious debate over transgenderism and transgender rights.
Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.
The Keynesian "stimulus" policies were suppose to reinvigorate the economy. Instead, they have brought stagflation.
