The Fed Now Wants Even More Inflation. The Old “2 Percent Target” Wasn’t Enough.
The most important insight of the Fed's move to increase its inflation target is this: central banks don't much like to follow "rules." They make the rules.
The most important insight of the Fed's move to increase its inflation target is this: central banks don't much like to follow "rules." They make the rules.
The foundational assumption behind the gun control narrative is that only government law enforcement agencies should have guns and that we should trust police to keep us "safe." That narrative is failing.
The best way to think about tradition is to view it like capital accumulation. Knowledge is accumulated through countless centuries of trial and error. The state seeks to destroy historical consciousness and old ways of life to secure power.
Human beings make choices based on their own personal goals and values. There is no way to recreate these conditions in a laboratory experiment.
Although governments continue to insist "it's for the children," we should never go back to the dark ages of privacy before easy-to-use encryption. Nor should we allow a "back door" for governments to access our data.
A recurring theme among leftists in a world of scarce housing: Why should landlords be allowed to make a profit? It turns out there are many good reasons.
Those who advocate for a "weak dollar" to encourage trade with American firms show how little confidence there is in American industry. Meanwhile, cheapening the dollar punishes savers and ordinary workers.
Zombie companies spawned by ultralow interest rates are not merely inefficient. They truly make us poorer.
In the nineteenth century, countless American cities and towns sanctioned local, self-funded, self-governing private militias that became an everyday part of the social fabric.
Syndicalism is direct violent action against the institutions of capitalism, such as security forces, and especially property owned by businesses. This approach is often adopted by Marxists, socialists, and fascists as a means of gaining power.