Every time the United States reaches its debt limit, we read that it is important to reach an agreement to lift it. The narrative is that the debt ceiling must be raised, or the US economy will suffer a severe contraction. There is even an episode of a TV series,...
central banking
As the Fed’s Inflation Worsens, the IRS Is Targeting Restaurant Wait Staff
by Ron Paul | Feb 21, 2023 | Featured Articles
According to the January report of the Consumer Price Index, price inflation increased by 0.5 percent last month. This follows a 0.1 percent increase in December. The total increase over the last 12 months is 6.4 percent. The official government statistics, which are...
1/27/23 Ryan McMaken on How the Fed Is Ripping Us Off
by Scott Horton | Jan 31, 2023 | The Scott Horton Show
Download Episode. Ryan McMaken of the Mises Institute joins Scott to discuss the ill effects central banking has on the country. McMaken wrote an article recently pointing out that the Federal Reserve, America’s central bank, is technically bankrupt. Scott has...
Tonight on Kennedy Nation: Me!
by Scott Horton | Sep 20, 2022 | Blog
Central banking and robots this time. 7 Eastern. Fox Bidness Channel. I hear you can stream it on their app.
Kennedy Tonight
by Scott Horton | Jul 27, 2022 | Blog
Tonight I'll be back on Kennedy Nation talking central banking and war. Update:
bitcoin is Dead: Part 2
by Phil Gibson | Jan 6, 2020 | Blog, Economics, Libertarianism
Click here for Part 1 For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. If bitcoin is dead, then everyone abandoned the network By mere speculation the, WSJ...
Lara-Murphy Report Interview
by Scott Horton | Jun 8, 2018 | Blog
Bob Murphy interviewed me for his magazine about central banking and war, terrorism, the Iran deal, Syria, Libya, Yemen. Well, that's what I answered anyway.
American Society Was Not Atomistic, It Had A Civil Society Once
by Zack Sorenson | Apr 25, 2018 | Blog
People complain that American culture is atomistic. That the nuclear family leaves us high and dry. It's true that American culture is messed up, and people are left high and dry. I'd just as soon blame our corporate fascist rent-seeking phony capitalism for this. ...
Why Good News Was Bad News for the Market
by Eric Schuler | Feb 6, 2018 | Economics, Featured Articles
Over the last two trading days (2/2 and 2/5), the Dow Jones Industrial Average has lost more than 1,800 points, or about 7%. Meanwhile, the S&P has lost 173 points, or more than 6%. These sharp downward moves have many people looking for an explanation. No big...
Janet Yellen Powell Puts On Some Pants And A Tie
by David Stockman | Nov 4, 2017 | Featured Articles, Foreign Policy
It can't get any worse than this. Jerome Powell is a Wall Street-coddling Keynesian and Washington lifer who passes for a Janet Yellen replica---that is, save for his tie and trousers and his as yet underdeveloped capacity to whine pedantically. During his years on...
VIDEO: Bitcoin Supporter Just Trolled the Fed on Live TV
by James Holbrooks | Jul 13, 2017 | Blog
Washington, D.C. — As further evidence that interest in cryptocurrencies like Bitcoin is currently booming, consider these opening lines from a CNBC article on Wednesday: “An unidentified man held up a sign saying ‘buy bitcoin’ during Fed Chair Janet Yellen's...
Central Bank Embrace of Blockchain is All About Control
by C. Jay Engel | Mar 10, 2017 | Economics, Featured Articles
The recent news in the Bitcoin world is China's building attempt to regulate and oversee its use to a point where it is rendered nearly useless for Chinese consumers. They've realized that they can't truly kill it per se, but they can regulate the exchanges to a point...
Austrians at the Fed?
by Jeff Deist | Nov 21, 2016 | Economics, Featured Articles
Coverage of central banks and monetary policy in popular financial media outlets like Bloomberg, Financial Times, Forbes, Wall Street Journal, and The Economist is almost uniformly bad. The reporting and analysis are superficial, and the writers tend to assume facts...
Blog
The Non-Existent Difference Between National Socialism and Democratic Socialism
Summary: National Socialism and Democratic Socialism both advocate institutionalized violence by the state against peaceful people only differing in rhetoric. The most popular self described Democratic Socialists in America today are Senator Bernie Sanders and...
A Response to My Memorial Day Critics
My article against Memorial Day drew a lot of ire and attention. This should not have been surprising; I was making a controversial statement. What did surprise me, however, was that many critics were self-described libertarians or former libertarians. There were many...
Ignoring Political Gossip & Sticking to Principle
https://youtu.be/ZwWHjYVY4tg In the private sector, firms must attract voluntary customers or they fail; and if they fail, investors lose their money, and managers and employees lose their jobs. The possibility of failure, therefore, is a powerful incentive to find...
The Myth of “Hyper-Rugged-Isolationist-Individualism”
Myth #1: Libertarians believe that each individual is an isolated, hermetically sealed atom, acting in a vacuum without influencing each other. This is a common charge, but a highly puzzling one. In a lifetime of reading libertarian and classical-liberal...
The Lesson From Germany and Korea
Institutions are, of course, in some sense the products of culture. But, because they formalize a set of norms, institutions are often the things that keep a culture honest, determining how far it is conducive to good behaviour rather than bad. To illustrate the...
Occupational Licensing Increases Prices and Deprives People of Options
When you shop online, vendors usually give you a bunch of different ways to sort your options. Take Amazon: One popular sorting option – especially for customers with low income – is “Price: Low to High.” You’ve probably used it yourself many times. This...
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