Why the Capitol Riot Terrified the Elite
These days, it sure looks like they have them right where they want them. Using the storming of the Capitol Building as a pretext, the media-government alliance has targeted Trump, his supporters, and their fellow travelers harder than ever before.
The Greatest Thing the Roman Empire Ever Did Was Go Away
Review of Walter Scheidel, Escape from Rome: The Failure of Empire and the Road to Prosperity (Princeton, NJ: Princeton University Press, 2019) The Roman Empire is often presented as the fabric of Western civilization. The languages, laws, religion, mores, and implements
Why Dominion’s Defamation Lawsuits Are Garbage
Dominion Voting Systems is suing MyPillow CEO Mike Lindell for $1.3 billion. This comes in the wake of other Dominion lawsuits against Trump advisors Rudy Giuliani and Sidney Powell. All are accused of lying about Dominion’s supposed complicity in using
Why “Stakeholder Capitalism” Is a Disaster for Entrepreneurs
During the 1990s there was a legal and philosophical idea, championed by Milton Friedman among others, that a corporation exists to serve the interests of the shareholders, being that they are the rightful owners of the corporation. Progressive thought leaders
Prohibition’s Repeal: What Made FDR Popular
As Mark Thornton has shown, the big legislative change that FDR made at the start of his presidency, the decision that affected every single American citizen from one coast to the other, was the repeal of the thirteen-year hell of
INDIA’S PLAN TO BAN CRYPTOCURRENCY-THE CURRENCY OF THE FUTURE
Cryptocurrency in simple words is digital or virtual money whose transactions are maintained by highly specialized methods of cryptography. Although, they are used for various transactions and exchanges, this currency is not in control of any one person or a
When Is Short Selling Fraudulent?
Amid the controversy over GameStop, many cynics argued that something sinister was clearly afoot because the hedge funds had shorted 138 percent of the outstanding shares. In this article I’ll review that particular claim, as well as another seemingly dubious practice,
The Economics and Ethics of Government Default, Part I
Introduction The problem of government deficit spending and the resulting public debt is a challenge to most modern economies. A few states, such as Germany, with a reputation for fiscal austerity, operated with budget surpluses and declining debt, but that was
Almost a Year Later, There’s Still No Evidence Showing Governments Can Control the Spread of Covid-19
As we approach the one-year anniversary of fifteen days to flatten the curve, we have yet to acquire any data suggesting that the past year of life-destroying lockdowns and politicized behavioral mandates has done anything to keep us safe from
No, Drops in Money Velocity Don’t Offset Money Printing
At the end of January, the yearly growth rate of our measure of US money supply (AMS) closed at 76.7 percent, against 4.8 percent in January 2020. It is tempting to suggest that this massive increase in the growth rate