Leviathan Devours Free Range Entrepreneurs
In the name of "protecting workers," progressive legislators put people out of work. For their own good, of course.
In the name of "protecting workers," progressive legislators put people out of work. For their own good, of course.
Only Father Time helps us cut through the policy nonsense and understand interest rates conceptually.
It's odd for Joe Biden to celebrate an inflation report that still has price inflation growth over 7 percent, especially when real wages are falling and a recession looks more likely every hour.
While monetary authorities and progressives would like to have a digital currency implemented, it is a backward step for monetary freedom.
Keynesians believe that economic growth can occur only with an expanding supply of money. Growth doesn't need more money; it needs more savings.
Cutting taxes does not add units of currency to the economy. It is the same quantity of currency only a bit more in the pocket of those who earned it.
John Maynard Keynes derided gold-based money as a "barbarous relic," yet it was gold that enabled a long regime of honest money -- and the advance of civilization.
Progressives claim that capitalism is a form of "social Darwinism." Mises knew better.
The world's central banks ran up their risk, all together, and now the big risks they assumed are turning into losses all around the central bank club.
Twenty-six years ago, the debate was over whether or not the target inflation rate should be raised from zero to 2 percent. Now we're being told it should be 4 or 6 percent.