When governments seize private firms in the name of nationalization, the moves are usually politically popular. However, it doesn't take long for the nationalized firms to turn into a financial black hole.
The Washington political establishment's uniform condemnation of the assassination attempt against Donald Trump does not square with the apocalyptic rhetoric they have used to describe him over the past eight years.
Commonsense safety measures are being replaced in our working culture by an impossible “no risk” standard. A culture of “can do” is replaced by the culture of fear.
Progressives promote civil rights viewpoints as being “good for the whole” of society. Yet most of the modern civil rights movements and accompanying legislation simply promote the "good" of one group at the expense of others.
Whether it is their shocking turn on supporting President Biden’s candidacy or covering the shooting of Donald Trump, the American mainstream news media is more concerned with preserving progressive narratives than telling the truth.
Instead of the usual claptrap that characterizes most graduation speeches, someone needs to give a speech that defends liberty and tells the truth about government and capitalism.
Continued bailouts undermine the entire economy by rewarding financial failure and discouraging productive economic activity.
Economic laws represent the real world. They are not ideologies or objects of worship. These laws are not the product of an ideological wish list but rather explain production and exchange.
While protecting “intellectual property” has a good sound to it — even among libertarians — such policies are harmful to authentic property rights. We need to pursue another path.
Bob critiques MMT godfather Warren Mosler's recent interview where he argued that the Fed rate hikes have been fueling the strong economy.
