It’s an economic article of faith among almost every school of economic thought that central banks raising interest rates curtails economic growth and lowering interest rates stimulates short-run economic growth. The problem with this assertion by nearly every...
Central Bank
Turning Down the Noise in the CPI Numbers
by David Stockman | Dec 15, 2022 | Economics, Featured Articles
So the talking heads of bubblevision think inflation is abating, but what about this: Federal revenues in November posted at $252 billion—10.3% below last November—while spending came in at $501 billion. And the latter included an ominous +53% rise in Federal debt...
No, Tax Cuts Don’t Cause Inflation
by Daniel Lacalle | Dec 14, 2022 | Economics, Featured Articles
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...
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...
Stand with Humanity
by John Weeks | Nov 27, 2022 | Blog
Stand with the Libertarian Institute The Empire has us on the brink of nuclear Armageddon. The central bank has us flirting with economic-social collapse. Americans are increasingly paranoid of one another and simultaneously invested in wielding the state...
Western Politicians Tried (and Failed) to Legislate Tides of Russian Oil
by Marcel Gautreau | Nov 9, 2022 | Economics, Featured Articles, Foreign Policy
Since the beginning of the Russian invasion of Ukraine, the Western sanctions program can best be compared to an interrogator who first amputates a victim’s arm and then, brandishing the severed appendage, threatens to begin slitting its wrist and tearing out...
Only I Decide
by Jeffrey Wernick | Nov 1, 2022 | Featured Articles, Libertarianism
This article was originally published on May 5, 2021. Jen Psaki, the White House Press Secretary when responding to questions regarding Trump’s extension of his status as suspended from Facebook, said that the Biden Administration expected more from “social media”...
‘Strong as Hell’ Economy is a Mirage of Math
by Tom Luongo | Oct 26, 2022 | Economics, Featured Articles
“President” Joe Biden described the U.S. economy as, “Strong as hell,” in a recent sound bite. No one except his most ardent supporters, a vanishingly small number in reality, believes that. He and they point to statistics, “internals” in Biden-speaks, that point to...
Blog
Professors, W. Post Call Out NYT for Oct 7 Mass-Rape Hoax
Another disgrace for the Charlie Savage Times.
Israel’s Amazing Feat
Israel has accomplished quite a feat: its crimes against the people of Gaza are of such a large scale that they make Hamas's Oct. 7 crimes look small.
Pentagon Follies: Accounting for DEI Expenditures
Inclusion, Equity and Diversity (IED) is communism in blackface. This viral contagion has raced to the top of government bureaucracies and, of course, facilitates a race to the bottom in quality and competence. The wizards at the Pentagon who have yet to account for...
A Soho Forum discussion of COVID with Tom Woods
https://www.youtube.com/watch?v=fKzl5CngE5Q Check out Tom's great book, Diary of a Psychosis.
US Abrams Tanks Withdrawn from Fighting in Ukraine
Five four million dollar tanks up in smoke. They'll make every excuse they wish but the days of manned tanks are over. Ukraine has lost five Abrams tanks in recent months, The New York Times reported this month, citing an unnamed senior US official. At least three...
The Aircraft Carrier is the Crossbow and Chariot of the Modern Age
The US Navy, of course, is desperately trying to get authorization to build more Ford-class carriers. Ironic that they name the carrier after a violence broker famous for being rather clumsy and unable to navigate around. The first of class doesn't work properly: it...