Gresham’s Law: Why Bitcoin Will Save the World
Does bad money drive out good money? Mark Thornton discusses one of the most impactful principles of modern society.
The installed base of cellular IoT devices in the retail industry to reach 217.7 million by 2028
The number of cellular IoT connections in the retail industry reached 147.9 million worldwide in 2023, according to a new research report from Berg Insight. Cellular IoT technology enables devices…
No Central Bank Wants to Stop Price Inflation
No interventionist government or central bank wants lower prices because inflation allows the government to increase its power while slowly breaching its monetary commitments.
Money-Supply Growth Hit a 23-Month High, and the Fed Wants More
Money-supply growth accelerated year over year in August by the largest amount in 23 months. The days of falling money supply growth rates are over.
Who Starts Business Cycles? Banks or the Fed?
Are Austrian economists clinging to an old-fashioned view of banking? In short, no, and here is why.
USTR Acknowledges China Tariffs Failed, Will Continue Anyway
Clark Packard During a recent stop in Pennsylvania, US Trade Representative Katherine Tai was asked by Eric Martin of Bloomberg about the Biden administration’s decision to continue and expand tariffs…
The Present Monetary System Is Heading for a Breakdown
As monetary authorities continue to inflate the money supply, they inflict more and more damage upon the currency. Unfortunately, as the economy falters under the inflationary regime, the “solution” always…
Centralizing Federal Power through Southern Reconstruction
One of the outcomes of the American Civil War was the movement toward centralization of political power in Washington. The Reconstruction regime imposed upon the former Confederate states following the…
Can Million-Dollar Apartments Solve California’s Housing Crisis?
Marc Joffe With tens of thousands of California residents living on the streets and widespread concerns over a housing affordability crisis, we might expect political leaders to build a large…
Kamala Harris’s Price-Fixing Scheme Would Lead to Food Shortages
Kamala Harris claims that she simply wants food prices to be lower. However, her de facto price fixing scheme would create food shortages and raise the real price of food.…