Instead of fearing another government shutdown Americans should be hoping and praying for one – and not just a five weeker. What a great Christmas gift to the entire nation that would be!
Category:
Politics
“There was no ‘classical’ liberalism, only a single liberalism, based on private property and the free market, that developed organically, from first to last.”
War is the outcome of class conflict inherent in the political relationship — the relationship between ruler and ruled, parasite and producer, tax-consumer and taxpayer.
Thanks to the Fed’s balance sheet and the Fed’s policy on reverse repurchase agreements, it’s hard to tell whether the Fed is being hawkish or dovish.
One of the fallacies pushed by monetary economists is that a growing economy needs a growing supply of money in order to prevent deflation, which they claim is as harmful as inflation. However, as Austrians point out, there is no “optimum” amount of money in the economy, since prices adjust.
First the Federal Reserve raises interest rates—and then it cuts them. The economy is “great,” but apparently needs constant adjustment. The Fed‘s strategy has been to lurch from one position to another, all the while telling the rest of us not to panic.
We won’t stop educating the future champions of freedom. We are in this together, “this” being nothing less than the battle to save Western civilization from the latest onslaught of socialist tyranny.
What happens when the Department of Government Efficiency fails? Human devolution or political revolution? Or both? Mark Thornton discusses some pertinent lessons from the French Revolution.
The Austrian school recognizes that economic analysis is timeless and the ancient story of “The Poor Man of Nippur” provides an excellent example. From time preference to the structure of production, many of the lessons are contained in this story.
The Cultural Revolution continues apace in this country and it is aimed at all of the old Confederate symbols from statues to the Confederate Battle Flag. With leftist progressives there can be no discussion. Any symbol from the South equates to racism and nothing else.