US Arms Sales Are a Clear and Present Danger
The US government’s recent arms sale to Israel is a reminder that arms sales have become a significant part of US foreign policy, as well as a major source of instability around the world.
The US government’s recent arms sale to Israel is a reminder that arms sales have become a significant part of US foreign policy, as well as a major source of instability around the world.
Fallout, the dystopian series on Prime, hardly is free market in its caricature of business. However, the show lends itself to being analyzed through the lens of Austrian Economics.
According to an article in The Atlantic, Washington is turning away from its previous commitment to “free trade.” However, there never was a “free trade consensus” because Washington always has sought state-managed trade.
Central banks intervene in order to “create demand,” and then they intervene in order to try to mitigate the damage they caused earlier. This is a never-ending scenario of economic destruction.
Even though the US had a semilibertarian revolution, there are few libertarians in representative governance.
The failure of mainstream economics to teach real economics, as opposed to contrived “models” of market failure and central macroeconomic planning, is why Mises University has been so successful and so helpful in the war of ideas and the battle for freedom.
Mainstream economists insist that data alone can explain economic events, permitting them to test economic theories. In truth, without sound theory, data is meaningless.
While her record is hardly perfect, Judy Shelton has been a rarity among monetary economists: an advocate for gold and sound money.
The estimated unfunded Social Security and Medicare liability is $175.3 trillion. If you think that will be financed with taxes “on the rich,” you have a problem with basic math.
Mark Thornton shares several ways we can fight the Fed's price inflation.