While the pundits are insisting that the late Alan Greenspan was a committed free market adherent, his actions throughout his career spoke differently. In today’s Friday Philosophy, Dr. David Gordon exposes Greenspan for what he was: an opportunist.
Were stronger central government under the Articles of Confederation and a central bank really necessary to win the American Revolution, as conservative nationalists of the era claimed?
The famed "Custer's Last Stand" at the hands of Native Americans defending their villages is a reminder of the brutality of the US war against the Plains Indians. History tells us that the "heroic" George Armstrong Custer was really the "reckless" Custer who died underestimating his foe.
The common belief is that intellectual property rights must be in place, otherwise, entrepreneurs would be reluctant to face uncertain profitability. Well, entrepreneurs already face uncertainty and act, anyway.
Democratic Socialists are winning election after election and will have a number of representatives in Congress. What will happen to our society as they continue to gain power? The answers are not encouraging.
James Bovard recently ventured near Washington’s Reflecting Pool and reports on the current madness involving the algae problem and Trump’s efforts to have it cleaned—along with extra security.
Long before modern economics, the Greek philosophers were laying the groundwork for understanding human cooperation in a social setting, helping to give birth to economic thinking.
The Fed Chair’s job isn’t to stabilize the economy. It’s to use prestige, technical jargon, and mind-numbing dullness to cover for the central bank’s expropriation of the American people. And Alan Greenspan excelled at that.
To help mark the passing of former Federal Reserve Chairman Alan Greenspan, we run this 2001 piece from Dr. Joseph Salerno, who understood the Greenspan fraud long before "The Maestro" tanked the US economy by setting off the Housing Bubble.
As AI develops, some people are getting the wrong idea and want to assign moral rights to chatbots and other AI products.
