Politics
Red + green = brown. Mark Thornton shows how towering debt and easy money set the stage for hyperinflation.
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Red + green = brown. Mark Thornton shows how towering debt and easy money set the stage for hyperinflation.
As both left and right throw freedom and free markets over the side, we remember that there still is a remnant that understands why...
The “woke left” and “woke right” are lumped together as two types of “woke.” But it is intellectually lazy and obscures truth to identify...
Total job gains have now averaged a paltry 29,000 for the past three months. The job growth we do see is part-time work.
Even if all the practical challenges could be overcome, social economic calculation and planning are still impossible from a computation-theoretic point of view.
Keynesian economists like to claim that government budget surpluses amount to “national savings.” However, real savings are used to spur capital development, which government...
For all of the talk about the need for “limited government,” we should always remember that the government has a legal monopoly on violence,...
Charlie Kirk blames cannabis for social decay, but Mark Thornton shows it’s Progressive policies, not personal liberty, that fuel addiction, welfare dependence, and urban...
People assume (including most mainstream economists) assume that only a government bureaucracy can effectively deal with predicting disasters and alerting people in harm’s way....
While many historians claim slavery was the sole cause of the Civil War, they are overlooking the role of tariffs in creating the economic...
This is all a reminder that one should never take what Fed mouthpieces say as reliable insights into present or future economic trends.
Rothbard argued that the Fed stripped away the natural checks of free banking, paving the way for endless credit expansion and inflationary cycles.