The popularity of inflation and credit expansion, the ultimate source of the repeated attempts to render people prosperous by credit expansion, and thus the cause of the cyclical fluctuations of business, manifests itself clearly in the customary terminology. The boom...
In his debate with Dave Smith Nick Sarwark said people aren't worried about foreign policy because it doesn't affect their lives. Tommy decided it was time that this idea was taken on, and debunked for good. Listen to Year Zero
On November 9, I participated in a Mises Institute event in Lake Jackson, Texas with Jeff Deist, Dan McAdams, Tom Woods, Lew Rockwell and Ron Paul. (Ain't that something?) Jeff asked me to speak on "Propaganda and the 2020 Foreign Policy Debate." I was first:...
The Federal Reserve lowered its benchmark interest rate on Wednesday, cutting the target federal funds rate by 0.25 percent to a range of 0.5 to 0.75 percent. The Fed's rate-setting committee, the FOMC, has now cut rates three times this year. The committee's rhetoric...
Americans have been voting for peace candidates for decades. One of the surest ways to become president in America is to promise that you'll put an end to the endless wars. George W. Bush did it ... Obama did it ... and so did Trump. Yet, despite the empty promises...
Public protests were launched nationwide over the past two days in Iraq, growing in intensity as demonstrators slam the lack of a post-war recovery from the ISIS conflict, and continued corruption woes. While Prime Minister Abdul Mahdi confirmed the right of...
"(Close) all windows, dormers, skylights, inside and outside shutters, curtains, casements, bull’s-eyes, deadlights, and blinds—in short, all openings, holes, chinks, and fissures through which the light of the sun is wont to enter houses.” -Frederic Bastiat from his...
Whenever a central bank introduces easy monetary policy, as a rule this leads to an economic boom — or economic prosperity. At least this is what most commentators hold. If this is however the case then it means that an easy monetary policy can grow an economy. But...
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