According to new data released Friday by the Bureau of Labor Statistics, price inflation in November rose to the highest level recorded in nearly forty years. According to the Consumer Price Index (CPI) for November, year-over-year price inflation rose to 6.8 percent....
Featured Articles
How I Robbed the World Bank
by Jim Bovard | Dec 14, 2021 | Featured Articles
I have always had a bad attitude toward official secrets regardless of who is keeping them. That prejudice and John Kenneth Galbraith are to blame for an unauthorized withdrawal I made from the World Bank. When I lived in Boston in the late 1970s, I paid $25 to attend...
The Blowback of 75 Years of Dollar Hegemony
by Phil Gibson | Dec 13, 2021 | Economics, Featured Articles, Foreign Policy
There is no question. The United States dollar dominates world commerce. In 2019, it made up 88% of global trade, and no other currencies came close. This dominance gave the United States power over any other country that exports anything from anywhere. For example,...
In Defense Of Libertarianism
by Peter R. Quiñones | Dec 13, 2021 | Libertarianism, Peter Quinones
They’re usually very similar. There may be hills in one place, or flat terrain in others. It could be seventy-degrees in January, or minus-twenty. With all of their aesthetic differences, these locales usually have one thing in common: the spirit of libertarianism...
Mom Sues Cop Who Shot Her Daughter in the Head During a School Fight
by Matt Agorist | Dec 13, 2021 | Criminal Justice, Featured Articles
The family of Mona Rodriguez was shocked and heartbroken in September after learning their 18-year-old daughter was shot in the head by a Long Beach Unified School District police officer. Rodriguez, who was unarmed and presenting no threat to the cop who shot her,...
TGIF: Joe Biden, Let’s Not Go to War
by Sheldon Richman | Dec 10, 2021 | Featured Articles, Foreign Policy, Sheldon Richman, TGIF
Here's a good idea: let's not go to war against Russia. Let's not even rattle a saber at Russia (or China, for that matter) because even wars that no one really wants can be blundered into. Many losers would be left in the aftermath, even if nuclear weapons were kept...
We Ended the War in Iraq (Yes Again, But Also Not Really)
by Dave DeCamp | Dec 10, 2021 | Featured Articles, Foreign Policy
On Thursday, the Pentagon announced the formal end to the U.S. combat mission in Iraq, but all 2,500 troops that are currently in the country will stay in an advisory role. The Biden administration agreed with Iraq back in July to end the U.S. combat mission by the...
Biden’s Keynesian Course: Riding the ‘Multiplier’
by Jim Bovard | Dec 9, 2021 | Economics, Featured Articles
White House Chief of Staff Ronald Klain tweeted on Wednesday: “Stronger COVID measures produce STRONGER ECONOMIC outcomes. That’s why jobs, growth, and economic activity are UP this year, significantly over last year.” Actually, jobs and economic activity have...