Here we go again. Every few years in Congress there is a purely political battle over the debt ceiling. We're supposed to be horrified and worried that the U.S. might default on some of its debt. Some commentators will insist the U.S. has never defaulted, and that...
Consider filet mignon and chuck steak. Assume-realistically-that consumers prefer the former. Then the question becomes: why is it, despite consumer preferences, that chuck steak sells at all? The fact is that chuck steak outsells filet mignon. How does something less...
Download Episode. Scott interviews Daniel Davis about the state of the war in Ukraine. Davis has been watching the war closely and works hard to correct for the biases of both sides. He gives Scott a rundown of where he thinks things stand and what developments are...
I hate to gloat but, screw it. I’m gloating. With every FOMC meeting this year, Jerome Powell has become more and more hawkish, but the denial of this still dominates the headlines. He raised the Fed Funds Rate to 4.5% last week, a level unthinkable to nearly...
This paper was originally published by Oxford University Press on behalf of the International Studies Association and is reprinted with permission of author. Through the use of survey methods, the study presents the first systematic comparison of America-based...
What is economics and why do we care about it? The economy is what we do and why we do it. Reality introduces scarcity to that equation, and competition results. Our desires and values translate into actions, and competition translates those actions into strategies...
Russia Former Secretary of State Henry Kissinger has again come out in favor of negotiations to end the war in Ukraine in an article for The Spectator titled “How to Avoid Another World War.” AWC One civilian was killed, another eight people were wounded, and a...
What was widely expected to happen, did happen. Last Tuesday, under pressure from the Biden White House, Senator Bernie Sanders formally withdrew his War Powers resolution to end U.S. participation in the war on Yemen. American logistical support for the Saudi...
December 16, 2022, is the fifteenth anniversary of the modern Tea Party. That fact will come as a surprise to many readers who take the mainstream narrative about the Tea Party at face value. The mainstream account begins on February 19, 2009, when Rick Santelli, live...
Today [December 15] is “Bill of Rights Day”—commemorating ratification on December 15, 1791. But what the government-run schools—and supporters of the monster state—“teach” about the Bill of Rights has almost nothing to do with the foundational principles which...
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 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...
It’s the state. There is no master plan. There is no big brain running the show. The grand, seemingly “coordinated,” societal evil we observe is just a product of the state. It comes from the state sanctioning a market for evil; a market for the proceeds of theft; a...
Vice President Kamala Harris visited the Philippines last week in what can only be described as three days of warmongering, hypocrisy, and another huge provocation against China. Harris spent her time spouting empty platitudes of affirmation regarding U.S. defense...
