How nations approach foreign policy, including war, shifts dramatically with time. A shift in American foreign policy seems to be speeding up or, perhaps, the change is merely reaching the logical conclusion of policies developed in the post-World War II decades....
Fueled by panic over a weak July jobs report and a one-day crash in global stock markets, an unstoppable growing chorus arose among the political establishment calling for the Federal Reserve Bank to cut interest rates. The reality is that interest rates, as...
Lina Khan is a Washington, D.C., rock star. She is not only President Joe Biden's celebrated chief of the Federal Trade Commission (FTC); she's also a favorite of J. D. Vance, Donald Trump's pick for vice president. This Lina Khan must really have something going for...
Official propaganda is trumpeting that the Federal Reserve Bank is pulling off a soft landing for the economy after the excesses of the COVID deficit/inflationary era. For example, CNN circulated a story on July 25 boasting that: “America’s economy is about to stick...
During a conversation with someone who loves representative democracy but hates America's current political situation, I pointed out a problem with his view. The current situation, I said, is a product of representative democracy. So you can't have the system without...
What would you do if the government came to you and said your family owes it $75,000 this year, and every year, adjusted upward for inflation? You might respond “I can’t afford it.” Don’t worry, you are already paying that. That’s the price the average American...
Global free trade is about individual, not national, freedom—for consumers and producers who import raw materials, tools, and semi-finished products. Aside from its role as an aspect of personal liberty, free trade's efficiency benefits have been well-established...
"At the bottom of the interventionist argument there is always the idea that the government or the state is an entity outside and above the social process of production, that it owns something which is not derived from taxing its subjects, and that it can spend this...
