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It’s 1979, Not 2009

It’s 1979, Not 2009

by | Jun 7, 2022 | ,

Break out your mom's bell-bottoms and dad's leisure suit from your parents' attic. It's 1979 again (at least economically) Don't listen to the perpetual doomsayers who claim this is the beginning of the big crash. It's not. Yes, the American economy is a huge mess, and the economy is going to get a lot worse. But no, it's nothing like the housing crisis of 2008 or the 1929 stock market crash that began the Great Depression. It's not even remotely similar. There Won't Be a Housing Crash It's true the housing crisis of 2008 was created by some of the same factors we have in our economy today:...

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Capitalism Puts the Poor First

Capitalism Puts the Poor First

by | Mar 22, 2022 | ,

The socialist left says the evidence capitalism oppresses the poor is that free markets relocate factories to the poorest nations in order to pay the lowest wages. And when wage rates rise in poor nations like South Korea and Japan, they move their factories over to new poor nations like China and Indonesia, and then again likewise on to the next poor nations like Vietnam and Bangladesh. I see that as evidence of the opposite; it's evidence of free markets bringing jobs to the poorest-of-the-poor, raising their living standards to humane levels over a generation or two, and then moving on to...

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A Four-Step Guide to the Cancel Culture Playbook

A Four-Step Guide to the Cancel Culture Playbook

by | Mar 14, 2022 |

Cancel Culture only has a total of four plays in its playbook: Accuse of misinformation/fringe opinion Accuse of racism Accuse of sex abuse Accuse of national security threat/threat to democracy After that, they're out of plays. And Cancel Culture nearly always uses each of these plays in order. Play #1 -Misinformation The first play, the claim of misinformation, is usually enough to get most normies canceled on social media. The psychology behind it is fairly powerful; most people don't like liars. Even among those who are disposed to treat inaccurate speech with other speech that's...

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The Inflationary Attack on America’s Poor

The Inflationary Attack on America’s Poor

by | Mar 3, 2022 | ,

The ramp-up of money-printing by the Federal Reserve Bank since the COVID pandemic began has meant, like clockwork, an increase in CPI price inflation exceeding a seven percent annual rate. Though price inflation as measured by the CPI was temporarily delayed by the crosswinds of the shutdown-induced recession, the Fed inflation of the currency had already enriched the financial sector and created a wider income divide between the top one percent and the rest of the people. And this has not gone unnoticed by the political left, even if they remain ignorant of the real economic causes....

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How Inflation Has Been Driving Wealth Inequality In the United States

How Inflation Has Been Driving Wealth Inequality In the United States

by | Jun 8, 2020 | ,

“There is enough for all. The earth is a generous mother; she will provide in plentiful abundance food for all her children if they will but cultivate her soil in justice and in peace.”- Congressman William Bourke Cockran (D-NY) With the massive oncoming rush of poverty as a result of government-imposed shutdowns, Americans can expect that the progressive left will shout again in a loud chorus about how capitalism has failed the poor. But the increasing global poverty brought about by the heavy hand of government mandates to close down the capitalist system cannot be leveled against the...

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New Global Data Shows Economic Lockdowns Have No Impact On Coronavirus Spread

New Global Data Shows Economic Lockdowns Have No Impact On Coronavirus Spread

by | Jun 1, 2020 |

The United States and much of the world may have initiated a business shutdown—resulting in tens of millions of unemployed domestically, along with all of unemployment's other negative side effects—for no statistically measurable benefit in tamping down COVID-19. (See Figure 1 ) A multivariate analysis of the 95 countries which had their first COVID-19 infection on or before March 15 and whether they had a “non-essential business” shutdown before April 7 yields a smaller infection rate coefficient for non-shutdown countries even after controlling for variables such as population density,...

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The Biggest Heist in Human History

The Biggest Heist in Human History

by | Apr 11, 2020 | , ,

As he valiantly tried to get a recorded vote on House passage of the $2.2 trillion coronavirus bill (the CARE Act), Rep. Thomas Massie learned once again last month the chief difference between the members of Congress and the inmates of a maximum security prison: Supermax prison inmates have better character than members of Congress.  He should have known this already, since few inmates of a maximum security prisons would say that the ongoing drone-killing of children and warring on al-Qaida's behalf is morally necessary, as the majority of congressmen did.  In this instance, however, the...

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This Martial Law Will End, and End Badly

This Martial Law Will End, and End Badly

by | Mar 21, 2020 | ,

First, let's get the three principles for the post-COVID-19 world out there: If you think COVID-19 is fake, or not really scary, you don't know science and are an ignorant person. If you post cavalierly about frolicking socially with your friends, you have no empathy for the elderly and other vulnerable populations and are a horrible person. If you think we only had two options to fight COVID-19 – “A. Destroy the economy, or B. Grandma dies.” – you are sheeple-level stupid, and the media programming has brainwashed you. There were options C, D, E and F. Now that I've offended everyone on...

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Thomas Eddlem

Thomas R. Eddlem is a freelance writer published in more than twenty periodicals, holds a master degree in economics from Boston College and is communications director for the Libertarian Party of Massachusetts.



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Last Rights: The Death of American Liberty

Last Rights: The Death of American Liberty

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Americans today have “freedom” to be fleeced, groped, injected, harassed, surveilled, vilified, disarmed, beaten, detained, and maybe shot by federal agents. From hapless homeowners hit by SWAT raids to pandemic lockdowns pointlessly paralyzing lives, government...

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