Printing Money Can’t Replace Real Savings
If monetary stimulus could strengthen real economic growth, then world poverty would have been eliminated a long time ago.
If monetary stimulus could strengthen real economic growth, then world poverty would have been eliminated a long time ago.
The covid-19 lockdowns have unexpectedly brought into clear view the fact governors wield immense power over the daily lives of Americans. Some state legislatures have moved to limit this power. Better late than never.
Opponents of bitcoin now claim that bitcoin mining causes global warming and is an environmental threat. But the boom-bust cycles caused by central banks and their fiat money are far worse than any carbon footprint bitcoin can produce.
In his book-length essay on neoliberalism, Alberto Mingardi provides some much needed clarification and explanation of this concept that has long been one of the Left's favored bogeymen.
The Dems are still claiming that welfare spending withered away during the Trump years. But that's obvious nonsense, and Trump's megaspending slathered trillions of dollars on pretty much everything.
Capitalism isn't just better because it makes us materially better off. Capitalism also helps us forge a more humane and civil society.
The goods created by automation—and the labor freed up by it—become inputs for industries downstream.
John Taylor's Tyranny Unmasked is one of the best American books on trade by one of the most thoughtful and least appreciated political analysts of the founding era.
The current cannabis prohibition policy creates scientific backwardness regarding cannabinoid drugs’ benefits and their actual harm.
The government tantrum over the Capitol riot has shown that the regime sees its own property as sacrosanct. Your private property, on the other hand, is completely expendable and of no importance whatsoever.