The dollar has benefited mightily from the abandonment of commodity money, the Bretton Woods system, and the rise of competing fiat currencies. This is partly why the dollar has come to dominate international trade.
Staten Island once voted 2-to-1 to leave New York City. The Manhattan overlords ignored the vote. But Staten Island would be better off as a separate city, and the same holds true for Brooklyn and Queens.
The government spends vast amounts of money on educational programs that aim to give “equal opportunity” to those deemed disadvantaged, but there is little or no evidence that these programs achieve anything.
The Canadian Liberal Party began as a party of classical liberalism, radically supportive of freedom and free markets. But those days are long over.
Mobilization and separation, not persuasion, is the way forward.
Mises defends praxeology using philosophical minimalism, that is, by sticking to the core fact that people act and make choices.
China is the model for the economic and political system being promoted in the West, and the Great Reset is the most forthright articulation of that system—although its articulation is anything but perfectly forthright.
The Italian film director Pietro Marcello brings us a film that visibly moves the needle toward individualism and against collectivism in all its various manifestations.
The worst excuse of all is that “there is no inflation.” It’s like driving a car at 300 miles an hour on the highway, looking in the rearview mirror and saying, “we haven’t killed ourselves yet, accelerate.”
Different people often react quite differently to the same conditions, so attempts to blame religious conflict on material deprivation fail. Ideological differences also better explain why Islam is not monolithic.
