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Over the course of this year, conservatives have expressed a number of grievances they have with the US military. Tucker Carlson delivered a monologue questioning Joe Biden’s emphasis on the issuance of flight suits designed for pregnant women. (Noteworthy is

For many decades the United States and almost every other country in the world have been haunted by fiscal deficits; however, normal people do not seem to realize how it can affect their lives and their well-being. Many people around the

Monetary Policy and the Present Trend toward All-around Planning The people of all countries agree that the present state of monetary affairs is unsatisfactory and that a change is highly desirable. However, ideas about the kind of reform needed and about

Sixty percent equities, 40 percent bonds. What has been considered the golden rule of portfolio theory for decades is of less and less value to investors today. Because central banks have backstopped almost every market, essentially mimicking the market maker

All value is subjective. But often, when an exchange is to be made, a numerical value is required. It’s a special kind of economic calculation, what Bharat Kanodia terms “a subjective opinion based on objective facts”. Bharat has built a career

Samuelson Friedman: The Battle over the Free MarketBy Nicholas WapshottNorton, 2021367 pages Nicholas Wapshott is a British journalist and biographer with a strong interest in economic theory. He says that the Nobel laureate Edmund Phelps is his mentor. One theme in

White House press secretary Jen Psaki claimed in a recent press briefing in response to Biden’s intent to raise taxes on large companies that “[t]here are some who argue that, in the past, companies have passed on these costs to

Yuri Nicholas Maltsev is an Austrian school economist and economic historian from Tatarstan. He earned his BA and MA degrees from Moscow State University and PhD in labor economics at the Institute of Labor Research in Moscow. Before defecting to

I assume that you know how the banking system developed and how the banks could improve the services rendered by gold, by transferring assets from one individual to another individual in the books of the banks. When you study the

“Happy families are all alike,” goes the Leo Tolstoy quote from the Russian classic Anna Karenina, “but every unhappy family is unhappy in its own way.” The same can be said about government-focused technocrats and their central planning tendencies: all happy