Tax the Rich? Not a good idea
Despite a British trader’s demands that government impose a wealth tax on the rich, such a tax would have negative effects on the economy in general and on wealth generation…
Techno Unemployment
It’s time to check the underbelly of the economy’s mighty growth industry.
Republicans declare war on the American economy
By appealing to tariffs and other forms of economic regulation, Republicans have tossed aside any commitment to free market economics. Unfortunately, their program will lead to more economic stagnation, inflation,…
Presenting the moral case for capitalism
The socialist case against capitalism is not based upon facts of history, yet socialism is still seen as the superior moral system. Over time, capitalism creates wealth across society while…
The Federal Reserve Does Not Own Gold
The Fed has owned no gold since 1934, when the Fed handed over all its gold in exchange for gold certificates.
Recap of Mises University
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What Does Say’s Law Really Say?
Bob goes solo to give the historical context and true meaning behind “Say’s Law,” as well as the caricature presented by Keynesian critics.
Money-Supply Growth Accelerates as Wall Street Demands Even More Easy Money
The current trend in money-supply growth is a big turnaround from the many months of depression-level contractions we saw in 2022 and 2023.
The myth of fair trade
So-called fair trade is the rage among elites who believe that it protects people in poor nations who would like higher prices for their exports. In reality, fair trade distorts…
Yankees vs. Cowboys: Rothbardian elite theory on Watergate
Published in July 1974, Murray Rothbard provides elite theory analysis of Watergate after the selection of Nelson Rockefeller as Gerald Ford’s Vice President.