The founders of the new constitution proposed a cynical end run around state legislatures in order to improve the odds of ratification. The "founding fathers" increasingly abandoned established law, justifying it with claims of a "national emergency."
In Las Vegas, asset price inflation is combining with rising prices on building materials to create a real estate bubble of remarkable proportions.
Economic inequality caused by money printing benefits most those who claim to stand up for "the little guy" and denounce "trickle-down" markets. But there is nothing more "trickle down" than government money printing from on high.
During March 2021, year-over-year (YOY) growth in the money supply was at 34.1 percent. That's down slightly from February's rate of 39.1 percent, and up from the March 2020 rate of 11.3 percent.
Raising the US corporate tax would drive more capital out of the US. But the tax hike will be less risky if the US can get other countries to raise their tax rates as well.
Austrians do not question booms because they don’t like prosperity or because they have character defects. Rather, Austrians understand that booms involve lines of investment in areas of production that cannot be sustained.
Just as SJWs redefined justice as "social justice"—with big implications for how we view true justice—politicians are redefining infrastructure to justify even more government intervention in daily life.
Social democrats love to denounce low-tax, probusiness regimes as "neoliberal" and as places with more poverty. But the reality is that parts of Europe that embraced markets most reduced poverty while making their citizens richer.
The world's regimes have long been devoted to regulating every aspect of "health" in accordance with what central planners want. The covid panic offered them an opportunity to greatly expand these powers.
Some advocates of self-driving cars argue that their adoption would mean that very few people would actually own a vehicle anymore. We'd all just rent rides on self-driving Uber cars. This would be a dream come true for advocates of lockdowns and stay-at-home orders.
