Forget the Official Numbers: Inflation Is Much Higher
Unless the government puts a stop on spending and the Fed retires the printing press, continuous inflation is on the horizon.Simon Sarevski Usually preceded…
What’s in a Name? Why the Definition of Capitalism Matters
Sometimes people wonder whether philosophy is of any use in understanding daily life. Aren’t philosophers “in wandering mazes lost”? Away with such nonsense, say…
Wales Latest “Experiment” in UBI will Prove Nothing and Here’s Why
Why the most generous basic income scheme ever trialled will only arm sophists. Imagine a government official took one valuable item from each of…
The Japanese Boom and Bust
By Mark Thornton During the 1980s Japan was feared as an economic and technological powerhouse. Most observers attributed their stock market bubble and high…
Patricians vs. Plebeians: The Realignment
All of this should remind us that the history of liberalism (in its traditional sense meaning freedom) is a history of revolt against elites….
Inflation: The Reality of Modern Economic Life
Like the need for separation of church and state, we need the separation of the central bank and state if freedom is to be…
Will the Fed Pop the Everything Bubble?
The history of economic development cannot be understood without the importance of recession periods. Recessions are often the result of the excess accumulated in…
ZeroHedge: something will break, but this time it won’t be China
By Eric Peters, CIO of One River Asset Management from ZeroHedge: https://www.zerohedge.com/markets/hedge-fund-cio-something-will-break-time-it-wont-be-china “Market fears of rapid Fed tightening are occurring at a time when…
Intellectual Property, Fire, and Other Dangerous Things
Whenever you are talking about IP to a group of libertarians, classical liberals, Austrians, and objectivists, you are always playing with fire. By Henrique…
The Economy May Be Finally Peaking, and the Fed Won’t Help Matters
Here we go again it may seem to many. The Fed is preparing us for a policy tightening just when a powerful growth cycle…