Category: Politics

Contrary to Milton Friedman’s thesis that the decline in the money supply caused the Great Depression, the real reason was the collapse of real savings, which was due to loose…

While President Biden’s inflationary economy continues to falter, the president proposes to outlaw bank overdraft fees, ostensibly to help lower-income Americans. Bank fees, however, are not the biggest threat consumers…

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Environmentalists insist on banning fossil fuels and refrigerant gasses in order to end heat waves. That means people will face future heat waves (which will always be with us) without…

Like bad money driving out good money, government intervention can also create Gresham’s law conditions for entrepreneurs. Using the political process, bad entrepreneurs can get government to regulate entrepreneurial competition…

As AI continues to develop, the prophets of doom claim that it will “take over” and create a dystopian society. Far from being an “existential threat,” AI is a tool…

In his 2006 book The Wages of Destruction, Columbia University historian Adam Tooze explains Hitler’s policy of seeking lebensraum (living room). However, Ludwig von Mises (whom Tooze ignores) already explained…

As the war in Ukraine drags on in its third year, Ukraine is bleeding and the future is even more gloomy. Unfortunately, even though it is time to end this…

Various indexes are used to determine the ease of doing business in countries around the world. Not surprisingly, the nations that allow for protection of private property and have economic…

Alex Pertsev, a developer of Tornado Cash, has been sentenced to prison by a Dutch court for helping build a platform that guarantees financial privacy. If there is one thing…