The Mirage of Honest Government
America is always on the verge of finally having “honest government.” Of course, what passes for “honest government” is a government that efficiently takes wealth from productive people and transfers…
The Keynesian Multiplier Fairy Tale
One of the myths of Keynesian theory is that through monetary injections and government purchases, an economy can spend itself into prosperity. While such a scenario is economically impossible, most…
Economic Calculation and the Entrepreneur: Austrian Economics Is the Best Source for Understanding the Market Economy
The concept of economic calculation is vitally important to understanding our modern economy, yet few people— and especially economists—fail to comprehend that it even exists. Yet, without economic calculation we…
The Denarius and the Dollar: Price Controls Then and Now
The more things change, the more they remain the same. In our present age of inflation, we are reminded of how Diocletian and other Roman authorities ordered price controls and…
An Economy So Strong It Requires Crisis-Level Fed Action
The Fed’s specialty is propaganda through data, with a long record of failure. This is by design. Their communication tools must work in overtime, particularly in the face of a…
The Gradual Leftward Shift in US Politics and Economy
This year’s presidential election is presented in stark terms of right and left, Trump on the right and Harris on the left. However, it is more realistic to say that…
The Fed Hits the Panic Button and Slashes the Fed Funds Rate
The Fed is desperate for you to think that “this time is different.” Unfortunately, Powell can’t seem to come up with explanation of why that is the case.
The Second Trump Shooter Believed Exactly What the Establishment Media Wanted Him to Believe
After Trump narrowly escaped another assassination attempt, the establishment seems uninterested in the motives of the would-be shooter. Perhaps that’s because he’s echoing the same simplistic narratives about the Ukraine…