In March 2018, The New York Times ran an op‐ed about the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Economic Growth Act). The piece claimed the bill “would roll back or eliminate parts of the Dodd‐Frank Act.” Fast forward to March 2023,...
economic growth
How the Bolsheviks Took Russia – Sean McMeekin, Ph.D. & Matthew Raphael Johnson, Ph.D.
by Keith Knight | Feb 28, 2023 | Don't Tread on Anyone
https://youtu.be/wNLqZZApV0A For impressive evidence of Western participation in the early phase of Soviet economic growth, see Antony C. Sutton's Western Technology and Soviet Economic Development, 19171930 (Stanford, Calif., 1968), which argues that "Soviet...
Empirically, Interest Rate Manipulation Doesn’t Work
by Thomas Eddlem | Dec 19, 2022 | Economics, Featured Articles
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...
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...
Europeans Prepare for a Very Cold Winter
by Claudio Grass | Sep 27, 2022 | Economics, Featured Articles
As the citizens of the European Union and the United Kingdom are increasingly struggling to make ends meet due to record levels of inflation, and as the winter draws closer, a serious cost of living crisis is set to spiral out of control. Skyrocketing energy costs,...
13 Quotes By Thomas Sowell Which Obliterate Progressivism
by Keith Knight | Sep 26, 2022 | Blog
The very same people who say that government has no right to interfere with sexual activity between consenting adults believe that the government has every right to interfere with economic activity between consenting adults. – Thomas Sowell, Ph.D., “Looking for...
Reverse Immigration: Should Wealthy People Move to Poorer Countries?
by Lipton Matthews | Sep 26, 2022 | Featured Articles
The immigration debate has polarized societies across the Western world. Objectors assert that the influx of migrants has corroded social relations, and defenders argue that immigrants release a dose of entrepreneurial dynamism. Debates will persist because it’s...
Inflation Cheats the Working Man
by Thomas Eddlem | Sep 14, 2022 | Economics, Featured Articles
What would the political left (and for that matter, the right) do if they found that one of the biggest factors in income inequality was not top income tax levels, but inflation? It might lead to a revolution and a grand coalition among people of ideologies across the...
Inflation Doesn’t Pay
by Thomas Eddlem | Sep 8, 2022 | Economics, Featured Articles
One of the most unexamined—and almost unmentioned—economic realities of post-gold standard America is the change in America's economic growth rate since the gold window closed in 1971. Does inflation change the rate of economic growth? The Federal Reserve Bank claims...
Don’t Celebrate Labor Day If You Advocate Regulating Laborers
by Bryan Caplan | Sep 5, 2022 | Featured Articles
My 13-year-old homeschooled sons just finished my labor economics class. I hope they take many more economics classes, but I’ll be perfectly satisfied with their grasp of economics as long as they internalize what they learned this semester. Why? Because...
Not a ‘Soft Landing,’ But a Crash
by Daniel Lacalle | Jun 20, 2022 | Economics, Featured Articles
After more than a decade of chained stimulus packages and extremely low rates, with trillions of dollars of monetary stimulus fueling elevated asset valuations and incentivizing an enormous leveraged bet on risk, the idea of a controlled explosion or a “soft landing”...
A Libertarian Stance on Irredentism
by Starte Butone | Dec 15, 2021 | Featured Articles, Libertarianism
Irredentism is the belief that a group of people has the right to claim land or property which it was in possession of at some point in time, either according to historical fact or myth and legend. A few examples of irredentism are Zionism, the Greater Armenia, and...
2% Inflation Is Killing Us
by Ryan McMaken | Oct 28, 2021 | Economics, Featured Articles
Fed chairman Jerome Powell is increasingly under fire for his apparently inability to take inflation seriously or admit it may be more than “transitory.” There’s been much talk of tapering the Fed’s enormous asset purchases, yet—as is typical for the Fed, actual...
The Fed Is Planning For More Inflation
by Ryan McMaken | Sep 24, 2021 | Economics, Featured Articles
In late August, Fed chairman Jerome Powell suggested that the Federal Reserve would begin tapering before the end of the year, an admission that price inflation was rising above the 2 percent target. Nonetheless, the Fed took no immediate action in the following...
Blog
My Testimony Before the Maine State Senate
In support of Ld 1054, Defend the Guard legislation: Thank you all so much for the opportunity to testify before your committee today. Today is the 20th anniversary of the beginning of Iraq War II. The consensus now is that we should not have done it. Iraq was not...
These Iraq War Supporters Are Still in Congress
On March 19, 2003 the United States began its military invasion of Iraq. The Authorization for Use of Military Force Against Iraq passed Congress in October 2002, with 296 congressmen and 77 senators voting in favor of giving President George W. Bush carte blanche...
Laci Green is Wrong: Democratic Competition vs. Free Market Competition
In environments where there's a lot of competition, people tend to lie out their ass and you can apply this to any competitive situation. Take capitalism. As industrialization took full effect, the Federal Government had to interfere because there was so much false...
Empower the Workers: Decriminalize Economic Activity Between Consenting Adults
The most reliable and effective protection for most workers is provided by the existence of many employers. As we have seen, a person who has only one possible employer has little or no protection. The employers who protect a worker are those who would like to hire...
Chris Rock’s New Special Exposes His Political Ignorance
A common claim among Democrats is that, "It's not that people don't want to be educated, they just haven't been given the opportunity, thus government spending on education needs to increase." If there were ever a group of people capable of "educating" themselves it...
War and Delusion: A Critical Examination
In this episode of the Protestant Libertarian Podcast, Alex Bernardo sits down once again with Laurie Calhoun. Laurie is a philosopher, a cultural critic and an author. She is a senior fellow at the Libertarian Institute, where she regularly writes articles analyzing...
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