Your Move, Gold Critics: Please Explain What Money Is
Stated simply, gold-standard proponents seek a dollar that is widely trusted as a constant measure of value. Nothing more. Nothing less.
Stated simply, gold-standard proponents seek a dollar that is widely trusted as a constant measure of value. Nothing more. Nothing less.
Attempts at stabilizing the economy distort economic signals and cause economic instability, rather than preventing it.
Dalio played the game, by the rules of the game. Now he appears to say, "I've got mine, let's change the rules."
Using Japan as a model, governments are steering us toward a worldwide zombie economy — but we're likely to end up with something that looks more like Argentina than Japan.
Even though security might be a necessary condition for development, it is not a sufficient one.
These clichés include "taxes are the price of civilization," "national security demands it," etc.
Many products — delivered by the marketplace — that are mocked as "useless," and which environmentalists denounce as "wasteful" are essential items in the daily lives of many disabled people.
We need an Army of “Hazlitts ” today: men and women of courage and wisdom, who are unafraid to speak and write the truth.
The right to trade with foreigners without government interference is a God-given fundamental human right, not morally subject to the whims of those who want trade wars to protect their own interests.
In their war on "monopolies," Progressives like Elizabeth Warren show they don't understand the history of anti-monopoly legislation, and they also don't understand that modern day "monopolies" aren't really monopolies at all.