The Fed Cannot Go Bankrupt; However, It Can Bankrupt the Country
The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.
Mises Wire
Argentina’s Difficult Political Landscape and Libertarian Prospects for Change
Once wealthy Argentina has suffered under one interventionist regime after another for nearly a century. What are the prospects for changing things for the better?
The Industrial Revolution and the West Indies: Did the Colonies Spark Progress in the Metropole?
The West Indies played a vital role in growing the British economy in the eighteenth century.
Money Supply Growth Fell Again in May as More Recession Alarms Ring
During May 2022, year-over-year (YOY) growth in the money supply was at 6.97 percent. That's down from April's rate of 7.25 percent, and down from May 2021's rate of 15.4 percent. The growth rate peaked in February 2021 at 23.12 percent.
Turns Out the Elites Like the Administrative State Better than Democracy
The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.
How Much Did the US Government Pressure Twitter to Ban Alex Berenson?
The American people deserve to know who is trying to shut them up … and why.
Is the Constitution a Centralizing or Decentralizing Document?
People often speak of the Constitution with reverence, as though it were infallible. However, the Constitution was a centralizing document that cast aside the decentralization of the Articles of Confederation.
More than Sixty Years after “Liberation,” Cuba Is a Communist Slave State
More than sixty years after being "liberated" by Fidel Castro and communism, Cuba has become a large slave state where people enjoy little freedom.
Nine Ways Debt and Deficit Spending Severely Harm African Societies
Keynesian economics is a scourge to any nation that tries it, and African countries are no exception.
Inflation IS Money Supply Growth, Not Prices Denominated in Money
A common error in economics is to label increases price increases inflation. Inflation actually is an increase in the money supply, and that increase leads ultimately to price hikes.
