Capitalism is a social technology that directs resources toward valuable uses, increasing the total wealth in society. As a social technology, it organizes people and resources into systems and processes. When capitalism directs resources toward processes that...
Free Market
Stop Confusing Globalization With Globalism
by Connor O'Keeffe | Jan 5, 2023 | Economics, Featured Articles
After the 2008 financial crisis, calls rang out across establishment publications and the executive offices of Wall Street that we were witnessing the death of globalization. The calls grew louder and more numerous after Brexit, the election of Donald Trump, the...
Why Is Everything Getting So Expensive?
by Richard Ebeling | Jan 3, 2023 | Economics, Featured Articles
The United States and most of the rest of the world are, once again, in the midst of an inflationary crisis. Prices in general are rising at annualized rates not experienced by, especially, the industrialized countries of North America and Europe for well over 40...
Debunking Left & Right Wing Socialism (feat. Dave Smith)
by Keith Knight | Dec 30, 2022 | Don't Tread on Anyone
https://youtu.be/KvPKGOTz4mw 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...
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...
We Need More Energy, Not Energy Regulation
by Connor O'Keeffe | Dec 13, 2022 | Featured Articles
Energy is a highly regulated industry across the world. There is less debate about the need for government control when it comes to the oil and gas sector. The arguments that most people accept for government intervention in energy, whether in the name of energy...
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...
Imagining a Revived, Twenty-First Century Capitalism
by Zack Sorenson | Dec 6, 2022 | Economics, Featured Articles
The death of capitalism has been a common topic of conversation lately. Millennials seem resigned to it, the younger generations can’t wait for it. Bastions of global capitalism—alleged capitalism—such as the World Economic Forum in Davos are quite eagerly promoting...
Blog
The Emperor Has No Clothes: Stealth Technology is Sexy and Useless
On 27 March 1999, during the NATO bombing of Yugoslavia, a Yugoslav Army unit (3rd Battalion of the 250th Air Defense Missile Brigade, which was under the leadership of Colonel Zoltán Dani) shot down an F-117 Nighthawk stealth aircraft of the United States Air Force...
High on State Power: The Tragic Death of Matthew Perry and the Evil of the War on Drugs
https://www.youtube.com/watch?v=brAsC_MEAxY&list=PLKjJE86mQRtsUs-GDEnmtxSyJmf1ueF_5&index=1&t=1s On Oct. 28, 2023, beloved actor Matthew Perry was found dead in the hot tub at his Los Angeles home. Cause of death was ruled “acute effects of ketamine” and...
Sig P320/M17/18: MILSPEC is Overrated
A negligent discharge (ND) in a weapon is when the operator strokes the trigger that results in the firing of the weapon. In my time, the lion's share of these are NDs but actual mechanical (unintentional, accidental or "uncommanded") discharges were rare and then the...
Bang for Your Buck: Breaking the Bank to Upgrade the Nuclear Arsenal (Part II)
In Part I, I discussed and critiqued an overview of the new efforts to update the US nuclear arsenal. Here, we'll chat (again) about the Sentinel which is the improved replacement for the aging Minuteman III ICBM and it is already in trouble with the schedule sliding...
Company Men: Former Spies Spill The Tea
https://www.youtube.com/watch?v=ElMSJDkqSYQ&t=3757s Danny Jones recently hosted former CIA officers John Kiriakou and Andrew Bustamente for a wide-ranging discussion that touched on torture, 9/11 & terrorism, domestic politics, foreign policy and what it’s...
Bang for Your Buck: Breaking the Bank to Upgrade the Nuclear Arsenal (Part I)
The United States is on track to spend the equivalent of more than two Manhattan projects per year in one of the most expensive nuclear arms races in history. The US has not done a recorded air breathing nuclear detonation since 1992 (the last US test, Julin-Divider,...
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