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...
Free Market
Cheap Money Didn’t Fix the Economy (Shocker!)
by David Stockman | Mar 7, 2023 | Economics, Featured Articles
Some big, round-numbered interest rate thresholds have been passed in recent days including 4.0% on the 10-year UST, 5.0% on the 2-year UST and 7.0% on the 30-year mortgage. These all come at the end of extended round trips, of course, so the question at hand is how...
‘Big Tech’ Was Enabled by the Fed
by Ron Paul | Mar 7, 2023 | Featured Articles
Now you see it...maybe soon you won’t. Over the last year, the seeming ability of stock values of many technology companies to keep rising forever met resistance. This was true even for the major technology companies known collectively as “big tech.” During the last...
James Corbett: Two Questions Democrats and Republicans Can’t Answer!
by Keith Knight | Feb 21, 2023 | Don't Tread on Anyone
https://youtu.be/vyLrkqHuQf4 There exist two blatant contradictions which roughly ninety-nine percent of intellectuals, journalists, and voters erroneously believe. On the one hand, they say that the free market must be regulated in order to prevent monopolies. It is...
Searching for Economic Solutions in Game Theory
by Zack Sorenson | Feb 9, 2023 | Economics, Featured Articles
The left and right-wings of economic thought spend much of their energy trying to refute each other, but an integration of both perspectives might be worth considering. The right-wing of economic thought has conclusively demonstrated that the value creating ability of...
Sales Tax Is Still Theft
by Ron Paul | Feb 7, 2023 | Economics, Featured Articles
A group of House Republicans is supporting legislation that would replace federal income, payroll, estate, and gift taxes with a 30 percent national sales tax. The bill also eliminates the Internal Revenue Service, giving states the responsibility to collect the sales...
The Early Bird Stops the Central Bank’s Digital Currency Designs
by Connor O'Keeffe | Feb 6, 2023 | Economics, Featured Articles
Whether you like it or not, central bank digital currencies (CBDCs) are coming. That’s the message in a recent tech column in the Wall Street Journal. A similar tone can be found coming from organizations like the World Economic Forum, the International Monetary Fund,...
A Genuine Check and Balance: Privatize Law and Order
by Michael Huemer | Feb 4, 2023 | Featured Articles
This article has been reprinted with permission from Fake Noûs, the official Substack of Michael Huemer. Here, I explain the anarcho-capitalist solution to the basic social problem (from fakenous): Recap from two previous posts: - The basic problem of human...
Blog
David Boaz (1953-2024)
With great sadness I note the passing of David Boaz today, June 7, 2024, at age 70. He had been ill for some time. He was a good man and a giant of the libertarian movement. Very much because of David's influence and example, libertarian organizations not only...
Provoked Book Update
As many of you know, I'm working on a book called Provoked: How Washington Started the New Cold War with Russia and the Catastrophe in Ukraine. You may also know that it's way overlong and way overdue. Well, the news is that I got it up to 1,400 pages, and more than...
Wonderful Israeli Best Friends and Most Moral Army in World History™ Torture, Murder Palestinians with Electro-shock, Sodomy
New York Times: Eight former detainees, all of whom the military has confirmed were held at the site and who spoke on the record, variously said they had been punched, kicked and beaten with batons, rifle butts and a hand-held metal detector while in custody. One said...
Nothing New in Military Technology Disasters
Readers think I am highly critical of Western military foibles and bad decisions (I am) but history is replete with mismanagement and poor planning planet-wide in military technology. Like the Indian nuclear submarine disaster from leaving a hatch open on the INS...
What Inequality?
According to research conducted by Phil Gramm, the late Robert Ekelund, and John Early, documented in The Myth of American Inequality: How Government Biases Policy Debate and summarized in this video: The bottom 20 percent of households have an average annual income...
Immigration Talk
I talk about immigration with Michael Liebowitz on The Rational Egoist.