Getting It Straight

by | Apr 1, 2017

Getting It Straight

by | Apr 1, 2017

“Production is the sole end and purpose of all consumption.”

–Donald Trump (not in so many words)

Sheldon Richman

Sheldon Richman

Sheldon Richman is the executive editor of The Libertarian Institute and a contributing editor at Antiwar.com. He is the former senior editor at the Cato Institute and Institute for Humane Studies; former editor of The Freeman, published by the Foundation for Economic Education; and former vice president at the Future of Freedom Foundation. His latest books are Coming to Palestine and What Social Animals Owe to Each Other.

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Leaving aside the events that made the current monetary system possible, banknotes that are printed monopolistically (currency) by central banks have purchasing power and serve as a general medium of exchange (money) for billions of people around the world. Such...

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Rewarding Failure at the Galactic Level

One trillion dollars, the rest of the planet spends approx 2.4-2.7 trillion dollars, the Pentagon is not delivering much bang for the buck. They even funded accounting errors to reward the poor performance of Pentagon program managers. When combined with off DOD...

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