Kudos to Glenn Greenwald, a rare leftist voice of sanity on so many issues, for opening his recent article this way: In virtually every realm of public policy, Americans embrace policies which they know will kill people, sometimes large numbers of people. They do so...
Economics
Our Fifty Year Inflationary Legacy
by Ron Paul | Aug 25, 2021 | Economics, Featured Articles
This month marks fifty years since President Richard Nixon closed the “gold window” that had allowed foreign governments to exchange U.S. dollars for gold. Nixon’s action severed the last link between the dollar and gold, transforming the dollar into pure fiat...
TGIF: Thinking about Energy
by Sheldon Richman | Aug 20, 2021 | Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
The UN's Intergovernmental Panel on Climate Change (IPCC) issued its sixth "assessment report" earlier this month. As usual it generated its share of alarmist headlines. The report is several thousand pages long, and I'm certainly not qualified to digest, much less...
Nixon Closed the Gold Window and Stole My Political Innocence
by Jim Bovard | Aug 16, 2021 | Economics, Featured Articles
Fifty years ago, on August 15, 1971, President Richard Nixon announced that the U.S. government would cease honoring its pledge to pay gold to redeem the dollars held by foreign central banks. Nixon declared he was taking “action necessary to defend the dollar against...
TGIF: Evict the President
by Sheldon Richman | Aug 13, 2021 | Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
President Biden has reversed himself under pressure from his progressive flank and has given the go-ahead for a new moratorium on renter evictions throughout most of the United States for individuals making up to $99,000 a year (couples, $198,000). The twist is that...
Eviction Moratorium: A Postmortem on Private Property
by Michael Milano | Aug 11, 2021 | Economics, Featured Articles
At the beseeching of congressional Democrats and the fanatical urgings of Nancy Pelosi, who called the extension of the federal eviction moratorium a “moral imperative,” the Centers for Disease Control and Prevention (CDC) has issued a new nationwide ban on evictions...
Ending the 2021 Lockdowns Before They Start
by Ludwig von Mises Institute Editors | Aug 9, 2021 | Economics, Featured Articles
Sixteen months ago, in March 2020, we argued for an end to government-imposed shutdowns of businesses, schools, churches, restaurants, and events due to the covid virus: The shutdown of the American economy by government decree should end. The lasting and far-reaching...
Automation: A Luddite’s Dystopia and the Future of Work
by Marcos da Rocha Carvalho | Aug 4, 2021 | Economics, Featured Articles
Andrew Yang ran his presidential campaign on the promise of providing American citizens with a monthly stipend to counter the effects of job loss. According to Yang, “up to 30% of jobs are at risk of automation.” The fear of the impact of new technologies is nothing...