Why do governments keep pushing CBDCs when voters hate them? Simple: CBDCs are irresistible to governments, who would dearly love to monitor and control every dollar you spend and every word you speak.
With each iteration of the banking crisis, the Federal Reserve System and federal regulators gain in power and authority. Maybe the banking crisis isn’t an accident.
Patrick Deneen writes that the nonaggression principle promotes a liberalism that is harmful to society, as evidenced by John Stuart Mill's idea of the tyranny of public opinion.
Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency.
It's fitting that the G7 recently met in Hiroshima because the policies they are following are blowing up the world economy.
Rent control is all the rage with progressives, with several states and localities trying to impose it. However, when people have their property effectively—and legally—stolen, there are long-term consequences.
The usual suspects are "relieved" that Congress gave President Biden what he wanted on the so-called budget deal. Without sound money, however, the borrowing and spending regime will collapse sooner or later.
The problem here not that the central bank is "setting" the "wrong" interest rate. The problem is the Fed has long been relentlessly forcing down interest rates to satisfy various politically determined "needs."
Even though Barbados and Jamaica had more similarities than differences when they became independent of Great Britain, Barbados developed its economy much more quickly.
As geopolitical tensions rise, the Chinese political leadership tells the US government to desist pushing its "color revolutions."
