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World News

Mainstream economists claim money has purchasing power because the government issuing the money has so declared. That makes no sense.

World News

Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.

World News

Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control government.

World News

Despite statements from Biden and other progressives, profits in a market economy are not a form of plunder. Instead, they represent entrepreneurial gains that...

World News

The concept of an “equilibrium interest rate” is of limited, if any, aid to our economic understanding. Never mind the persistent popularity which it...

World News

While “colorblind equality” has a better ring to it than the DEI regime, nonetheless, the concept is unworkable and actually contributes to worsening racial...

World News

The inflation news from the Federal Reserve is once again disappointing.