Reason Magazine senior editor Jacob Sullum talks to Scott about some of the latest coronavirus news. He comments on President Trump’s headline-making claim that he has the sole authority to decide if and when the economy would reopen, which Sullum asserts really...
Japan
Central Banks around the World Embrace Unprecedented ‘Quantitative Easing’
by Ryan McMaken | Apr 17, 2020 | Economics, Featured Articles
It feels like it's been months, but it's only been a few weeks since the world's central banks started forcing down their key interest rates to historical lows around the world. In those places where rates weren't reduced, the central banks have adopted vast...
Lock Out Below! Lockdown Economy Plunging
by David Stockman | Apr 16, 2020 | Economics, Featured Articles
Mike Shedlock crystallized the Lockdown Nation catastrophe at hand by focusing on the unemployment claims numbers for Michigan Wednesday morning. And it doesn’t get any more transparent than a staggering 25% of the state’s work force already having filed unemployment...
FDR, Demagogue Champion of Leviathan and War
by Jim Bovard | Apr 13, 2020 | Featured Articles, Foreign Policy, Politics
Sunday was the 75th anniversary of the death of Franklin Roosevelt. Roosevelt was sainted by the media even before he died in 1945. CNN last week trumpeted FDR as “the wartime president who Trump should learn from.” A 2019 survey of historians ranked FDR as the third...
Evil Blossoms Where Conscience Shrinks: The Unforgivable Tragedy of Bush’s Iraq War II
by Zack Sorenson | Apr 9, 2020 | Featured Articles, Foreign Policy, Politics
During Iraq War II (2003–2011), in addition to thousands of American soldiers and contractors who died, more than 100,000 Iraq civilians were killed. This number is consistent with independent counts as well as leaked Pentagon data (sources available at Wikipedia)....
Warren Harding and the Forgotten Depression of 1920
by Tom Woods | Apr 6, 2020 | Economics, Events, Featured Articles
It is a cliché that if we do not study the past we are condemned to repeat it. Almost equally certain, however, is that if there are lessons to be learned from an historical episode, the political class will draw all the wrong ones — and often deliberately so. Far...
This is Your Security Force
by Scott Horton | Mar 28, 2020 | Blog
They don't give a liquid shit about you or your family. I posted a note in this space a week or so ago from my sister begging people to stop hoarding (that is, stockpiling more than they need) the highest quality N95 masks that healthcare workers need desperately. But...
CDC, FDA: The Enemy
by Scott Horton | Mar 19, 2020 | Blog
From the Wall Street Journal: America Needed Coronavirus Tests. The Government Failed. Why did the CDC prevent coronavirus testing when the outbreak started? The same reason the FBI, CIA and NSA in-effect allowed the September 11th attack on New York and Virginia; the...
Blog
What Corporatism Actually Is
"The fundamental idea both of guild socialism and of corporativism is that every branch of business forms a monopolistic body, the guild or corporazione. This entity enjoys full autonomy; it is free to settle all its internal affairs without interference of external...
The Pause That Refreshes
I will be spending the holidays with my children and grandchildren at an undisclosed bunker location in the inland Rocky Mountain west and off the 'net until the new year when I will resume blogging at the Institute... Since I paused Chasing Ghosts and started...
Good Plan Means My Plan
"All this passionate praise of the supereminence of government action is but a poor disguise for the individual interventionist’s self-deification. The great god State is a great god only because it is expected to do exclusively what the individual advocate of...
Who Needs What?
"[I]t is evident ... that the man, who first made himself clothes and built himself a cabin, supplied himself with things which he did not much want, since he had lived without them till then; and why should he not have been able to support in his riper years, the...
Whose Plan?
"The alternative is not plan or no plan. The question is whose planning? Should each member of society plan for himself, or should a benevolent government alone plan for them all? The issue is not automatism versus conscious action; it is autonomous action of each...
What Full Liberalism Is Not About
"Liberalism is a doctrine directed entirely towards the conduct of men in this world. In the last analysis, it has nothing else in view than the advancement of their outward, material welfare and does not concern itself directly with their inner, spiritual and...
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