The Fed’s tampering with market signals undermines the process of wealth generation, thereby exerting an upward pressure on the time preference interest rate and the market interest rate.
Vaccine mandates imposed by governments violate individual rights and further the coercive powers of the state. They also violate Kantian ethical norms, turning people into vehicles to accomplish the ends of governing elites.
The standard Keynesian play is to increase government spending in order to reduce unemployment and increase economic growth. Here's why it consistently fails.
Global elites are relentless in their desire to recreate the world in their own image. As they turn toward food production, expect their bungling to cause huge shortages of food and worse.
"Economics is about how we behave, which comes from our personal valuation, in and relative to the physical world."
Why do Africans live in poverty even though Africa is rich in natural resources? Statism.
What is money? Thorsten Polleit explains in a brilliant lecture delivered in Prague.
Once again, it is unpopular in the USA to be antiwar.
Economists often deplore the corruption in developing countries, but when institutions are corrupt, don't expect people to have the incentive to be honest.
