President-Elect Trump has been threatening tariffs against BRICS countries unless they abandon their plans to abandon the US dollar. While Trump may come off as being “tough”...
Like Santa, who gives free gifts to our children, people think of the state as providing services “for free.” However, the state cannot provide anything without first...
Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that only the wealthiest citizens will pay more. Middle-class British...
Most editorialists and pundits have labeled Jimmy Carter’s presidency a failure, but his activities after he left office as a rousing success. The truth is that his...
Perhaps John Maynard Keynes’ best con job was convincing people that a growing economy needs inflation, lots of inflation. As David Gordon points out, however, Ludwig von...
The Trump team plans to tinker with government spending, but this does nothing to address the real problem which is the current inflationist monetary experiment.
No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation explains nothing, praxeologically speaking. Instead,...
Gen. William T. Sherman‘s infamous “March to the Sea” is covered almost antiseptically in American history texts. Yet, Sherman‘s actions would have been judged as war crimes...
Beef prices are rising again because of government intervention in the monetary system and in regulation of the beef industry. As American beef consumption falls, the entire...
Even if this administration’s heart is in the right place, do we really want another multi-billion-to-trillion-dollar fund to handle people’s savings?