In his inaugural address, President Donald Trump promised a “revolution of common sense.” However, one area of US government policy that has lacked “common sense” for more than a century is how this government deals with other nations. It‘s time for a change.
Politics
The latest political hot potato puts our standard of living at a critical crossroads. Mark Thornton identifies the missing road signs.
Things aren‘t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it‘s making “progress toward the 2 percent objective.”
Osama bin Laden never commanded an army, but he managed to militarily and economically defeat the US by enticing its government to waste trillions of dollars with foolish military ventures in the Middle East and elsewhere.
While Rothbard offers a focused economic analysis that situates the crisis within a broader theoretical framework, Browning gives readers a sense of what it felt like to live through the crisis.
Much of the world‘s financial system is undergirded by the false claim that US government bonds are “risk-free.” The truth is that all is not well when it comes to banking and finance.
Economics Professor Josh Hendrickson breaks down a little-known document from Trump’s incoming economic adviser, revealing their strategic theory behind tariffs.
For all of the political and social turmoil in this country and elsewhere, the technological revolution marches on. While many pundits tell us we should fear these technological advances, the net result of them is positive, as new and improved technology advances capital development.
As the Trump administration cuts thousands of federal jobs, it‘s good to remember that the public sector‘s “services” provide no actual net value to the “national product.”
With Central Bank Digital Currency (CBDC) banned by executive order, the Fed may have more incentive to explore alternatives in the cryptocurrency market.