Fact-checking has become a veritable industry in the media. However, the conclusions of “fact checkers” mysteriously seem to align with the opinions of elites. That’s their story, and political, educational, and social elites are sticking to it.
Because Keynesian theory has triumphed in the economics world, people are subject to the worst kind of government intervention in the economy. Debunking Keynes is the first step toward economic sanity.
Congresswomen Rashida Tlaib and Alexandria Ocasio-Cortez have introduced legislation to create government-owned banks, ostensibly to “increase accountability.” In truth, the banks would exist to fund progressive causes.
Social media tends to be blamed for the overall nastiness of public discourse. Instead of condemning this form of communication, condemn the fuel that feeds this conflagration: democracy.
Intellectual property laws provide another example of how government stifles innovation and competition.
Government employees generally have sweeter pension plans compared to private-sector employees, but government pensions are purposely underfunded. No worries for government employees: taxpayers will pick up the slack.
Humanitarianism served as an excuse for colonial rule over "backward" natives and provincials for centuries. The elites of the imperial governments insisted only they could provide enlightened government. Today, the same thinking lives on among countless advocates for centralized government and foreign intervention.
One doesn’t need to search modern economic literature to take on the MMT crowd. Just read Bastiat.
In his review of Claes G. Ryn's The Failure of American Conservatism, David Gordon points out that Austrian economic methodology is not a value-laden Jacobin experiment, but rather a workable explanation of how a successful economy works.
While the “Great Reset” involves an unholy alliance between governments and big businesses, implementing its policies is impossible without central banks suppressing interest rates. Now that rates are rising, people are finding firsthand the real costs of the “Great Reset.”
