The Coming US Budget Disaster Will Impoverish Americans
If you hail deficit spending, you are embracing impoverishment. If you defend this kind of deficit spending, you are actively supporting stagnation.
The Impact of Interest Rates on Economic Growth: An Austrian Perspective
Even as the Federal Reserve continues to manipulate interest rates to “fight” the results of the business cycle, Austrian economics teaches that business cycles occur because of the manipulation. They…
Rushing for the Financial Exits
Do we have a market situation primed for everyone to head for the exits? What would ignite such a problem?
Reality Is NOT a Social Construct
Academic elites claim that there is no objective truth, only social constructs. Thus, people can create their own reality in many areas, and everyone else is expected to accept whatever…
Resisting the Brave New Culture
Murray Rothbard noted that the culture wars are not the result of conservative intransigence but rather of progressive elites’ insistence on forcing new cultural rules on people who don’t want…
Private Property Comes from Scarcity, Not Law
The socialist elites that dominate our institutions insist that private property is nothing more than a social construct held together by violence. As usual, they misunderstand that scarcity itself, which…
How Washington and the Fed Caused the Commercial Real Estate Crisis
Commercial real estate in the USA is facing a major crisis which could not have been possible without the enabling of the Fed and the draconian restrictions imposed during covid.…
The State Wants to Nationalize Second Mortgages. What Possibly Can Go Wrong?
As if the government has not done enough destruction in the housing market, there now is a scheme to have the government nationalize second mortgages. Given the previous disaster with…
Joe Biden’s Reverse Robin Hood Student Debt Cancellation
President Biden’s student loan forgiveness scheme is really Robin Hood in reverse, transferring wealth from people from lower-income groups to those who are relatively affluent.