The narrative to attack any tax cut and defend any increase in government size is reaching feverish levels. However, we must continue to remind citizens that constantly bloating government spending and increasing the size of monetary interventions are some of the...
Economics
The ‘Mother of All Economic Crises’
by Ron Paul | Dec 13, 2022 | Economics, Featured Articles
Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. Now Roubini is warning that the staggering...
Imagining a Revived, Twenty-First Century Capitalism
by Zack Sorenson | Dec 6, 2022 | Economics, Featured Articles
The death of capitalism has been a common topic of conversation lately. Millennials seem resigned to it, the younger generations can’t wait for it. Bastions of global capitalism—alleged capitalism—such as the World Economic Forum in Davos are quite eagerly promoting...
TGIF: On Liberty and Security
by Sheldon Richman | Dec 2, 2022 | Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Benjamin Franklin's famous words are often quoted because, alas, they are always relevant. Whether Franklin meant what libertarians take him to have...
America’s Insolvency is Mandatory
by Stark Realities with Brian McGlinchey | Dec 1, 2022 | Economics, Featured Articles
In October, the U.S. national debt reached $31 trillion, and the government is projected to wade another trillion dollars into the red in the 2023 fiscal year. The longer-term picture is even gloomier, with the deficit expected to double to $2 trillion by 2030....
Our Economic System Is Built To Enrich the 1%
by Jeffrey Wernick | Nov 29, 2022 | Economics, Featured Articles
I would like to attempt to describe our economic model since we abandoned sound money and any constraints upon our ability to print IOUs (or what most refer to as dollars without any understanding of what that really means). Before, there was mandated fungibility...
How to Sell Progressives on Lower Taxes
by Connor O'Keeffe | Nov 29, 2022 | Economics, Featured Articles
As Democrats and Republicans across the country fought over control of Congress in this past midterm election, progressives in Massachusetts and California continued with one of their favorite pastimes: trying to raise taxes on the rich. In Massachusetts, voters were...
No, the Labor Market Ain’t ‘Strong’
by David Stockman | Nov 28, 2022 | Economics, Featured Articles
Last Friday the Wall Street gamblers made another run at “bad news is good news”, taking the averages up modestly after a frenetic chase around the barn and back. But at the end of the day, it’s high time to forget about the games played by Wall Street day-traders and...