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In his book The Case against the Fed, Murray Rothbard writes a section on deposit insurance, which was instituted under FDR’s New Deal in 1933 at $2,500 per account and over time raised, reaching $250,000 during the banking crisis of

The world seems to be on fire, and much of the trouble comes from the efforts of central banks to suppress interest rates. No one understands that problem better than British historian Edward Chancellor. Original Article: "Edward Chancellor's Much-Needed (But Not

The Nobel Prize in economics for 2022 was awarded to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig for their research on the role of banks in economic growth and on how banks can set in motion a

“The Earth speaks to us through the elements of nature. In every natural thing, we can find a hidden, powerful message.”—Ralph Waldo Emerson Every natural element with which the earth has been endowed has a usefulness—a purpose. If we listen to

[This article is adapted from the introduction to the Historical Revisionism panel at the 2022 Supporters Summit at the Arizona Biltmore.] In his novel 1984, George Orwell noted the role of the regime in controlling information about the past. After being “re-educated” by

Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022. Sponsored by Sheri and Thomas Yengst.

This is the "American dream" the Fed has given us: work more jobs and longer hours to keep paying those bills that are now growing at 8 percent per year. Original Article: "Thanks to the Fed, You'll Work More This Year

[Chapter 5 of Per Bylund's new book How to Think about the Economy: A Primer.] Why do we produce? For the simple reason that nature doesn’t automatically satisfy all of our needs and wants. Wild animals, grains, and berries are not enough to

I have recently written about the cultural, political, and ideological problems that contribute to the decline in higher education, but colleges also suffer from long-standing institutional shortcomings. Simply put, the term “higher education” is, in many ways, a misnomer, as the

We live in strange times. The same people that vehemently defended massive deficit spending and money printing as the solution to the global economy now blame the turmoil of the UK bond and currency markets on a deficit-increasing budget. I find