Since the first assault on Turkey’s finances in 2018, which I wrote about multiple times (here, here, and here), I’ve been the lone voice telling everyone that President Recep Tayyip Erdogan is a lunatic but he’s a lunatic with a plan. That plan is to de-dollarize the...
Featured Articles
Is Virtue Signaling Vicious?
by Laurie Calhoun | Dec 27, 2021 | Featured Articles
Virtue signaling—the practice of highlighting what one takes to be one’s own moral superiority, often by loudly denouncing the character and comportment, including the speech, of other people—has become a dominant mode of rhetoric throughout social media and network...
For One Day, Protestors Stopped the War Machine
by Jim Bovard | Dec 27, 2021 | Featured Articles, Foreign Policy
I’ve attended most of the major antiwar protests in Washington since 9/11. At a 2005 protest, a cop tried to whack me on the head with a wooden pole. At a 2007 protest, I snapped a picture showing George W. Bush hanging next to the U.S. Capitol. But my favorite...
TGIF: Double-Rigging of the Auto Market
by Sheldon Richman | Dec 17, 2021 | Economics, Featured Articles, Foreign Policy, Justice, Libertarianism, Sheldon Richman, TGIF
U.S. government interference with our lives often resembles a Russian matryoshka doll: regulation is nested in more regulation. Take the provision of Biden's pending Build Back Better bill that would create a big tax credit for people who buy U.S.-built electric...
The Costs of War on Your Wallet
by Michael Maharrey | Dec 16, 2021 | Featured Articles, Foreign Policy
James Madison warned us about the costs of war. War comes with an extremely high price tag. According to the Cost of War Project by the Watson Institute at Brown University, the U.S. spent $2.26 trillion on the war in Afghanistan alone. That comes to over $300 million...
A Libertarian Stance on Irredentism
by Starte Butone | Dec 15, 2021 | Featured Articles, Libertarianism
Irredentism is the belief that a group of people has the right to claim land or property which it was in possession of at some point in time, either according to historical fact or myth and legend. A few examples of irredentism are Zionism, the Greater Armenia, and...
What a 40-Year Inflationary Peak Is Doing to Your Wages
by Ryan McMaken | Dec 15, 2021 | Economics, Featured Articles
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....
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...