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In reviewing Reconsidering Reparations by Olúfẹ́mi O. Táíwò, David Gordon and Wanjiru Njoya point out the book’s many fallacies and the lack of a...
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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
A recent CNN broadcast claimed that deflation was bad for the economy and that we need to adjust to higher prices. As usual, the...
World News
California’s legislature wants to combine the idea of two-part price discrimination with a soak-the-rich mentality in charging for utilities. What possibly could go wrong?
World News
Congress and the courts have eviscerated the Constitution to empower police dogs. The injustices are massive, but the authorities don’t care.
World News
As the official government in Haiti loses control, many are calling it a failed state. Crises like this are often evoked to discredit libertarians....
World News
While Vivek Ramaswamy was unsuccessful in his Republican presidential primary bid, at least he helped to demystify the Federal Reserve. This is not the...
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“The public be damned” is a statement by railroad magnate William Henry Vanderbilt that has been twisted out of context. While the American ruling...
World News
When the government wants to make something more affordable, that usually means new subsidies, laws, and regulations that drive up the real price. Higher...
World News
Contrary to popular opinion, bank capital is not a reserve to cover potential losses. In fact, even the ill-fated Silicon Valley Bank had adequate...
World News
While the ruling elites decry populism, what they don’t say is that populism has arisen precisely because the ruling classes have done everything they...
