Milton Friedman famously said, “Inflation was always and everywhere a monetary phenomenon.” But Friedman didn’t live through the QE years here in the U.S. and blatantly ignored the twenty plus years of Japanese deflation despite QE and insane levels of money printing...
Scott interviews Greg Mitchell about The Beginning or the End, his new book that tells the story of the making of the 1947 film of the same name. The movie was conceived as an exposé on the horrors of America's use of the nuclear bomb against Japan, partly at the...
US News A gunman murdered the son of Judge Salas who was just assigned to the Epstein/Deutsche Bank trial. [Link] DHS plans to send 150 armed feds to Chicago. [Link] Trump says more cities could face a Portland-style crackdown. [Link] The House votes to approve an...
“Natural born citizenship” goes all the way back to England and determines who can and cannot be the president. But it also speaks to the core of who is an American.
US News A Bernie/Biden unity task force announced Biden's would not support ending qualified immunity or legalizing marijuana. [Link] A top Biden aide says he will review Trump's decision to remove some troops from Germany. [Link] Foreign Policy The US sanctions four...
In Economic Facts and Fallacies (2011), Thomas Sowell argues that housing regulation and zoning laws, not markets, are to blame for the modern scourge of unaffordable housing. Sowell is still right. Government housing regulations have exacerbated construction costs,...
[Review of Stephanie Kelton, The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy (New York: PublicAffairs, 2020).] I’ve got good news and bad news. The good news is that Stephanie Kelton—economics professor at Stony Brook and advisor to the...
Scott interviews Eric Margolis about the recent border skirmishes between Chinese and Indian troops, which have resulted in deaths on both sides. The border between these two countries has been in dispute practically since its creation, and neither Scott nor...
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