Top News

In January 2020, Hubei and more than a dozen other provinces in mainland China implemented totalitarian lockdown measures, such as the closure of schools and workplaces, and strict restrictions on travel and mobility, including the suspension of all public transport,

It’s a Silicon Valley truism that there’s little point to patenting a good business idea. If it’s truly good, it will be roundly rejected. More specifically, the potential of what’s a great likely won’t be understood. Think about it. If

In 1971, Nixon used a fiscal crisis to justify severing the dollar's last connection to gold. It was the same old story: "we must vastly expand government power because of a 'crisis.'" The government never gives up these new powers. Original

Bob gives a brief history of money in the United States, explaining that the dollar was much “harder” in, say, 1810 than it was in 1910. This explains why there was significant consumer price inflation even in 1970, the year

With the Federal Reserve’s annual Jackson Hole symposium there’s been much talk about when the central bank might allow interest rates to rise, presumably through the process of “tapering.” Tapering would mean easing monthly bond purchases, which would “effectively increase interest

Fans of Austrian economics know hedge fund manager Mark Spitznagel as a brilliant thinker thoroughly steeped in Menger, Böhm-Bawerk, Mises, and Rothbard. His excellent 2013 book The Dao of Capital was rooted in Austrian capital theory and "roundaboutness," and his application

Stalin’s War: A New History of World War IIby Sean McMeekinBasic Books, 2021831 pp. Probably the dominant mainstream view of World War II goes like this. World War II was the “good war.” Though Joseph Stalin was guilty of many crimes,

The collapse of the monetary order in 1971 reflected the massive dislocations and malinvestment of resources that ultimately turned the decade into one crisis after another. Keynesians are doing something similar today. Original Article: "The Great Keynesian Coup of August 1971:

O, my offense is rank, it smells to heaven,It hath the primal eldest curse upon't,A brother's murther! –Hamlet, act 3, scene 3 Violations of fundamental human rights and the mistreatment of human beings are not a new aspect of humanity. Stalinist murders,

Victor Davis Hanson's cartoonish conception of how foreign states act is not supported by history and contributes to the US government’s insane defense expenditures and destructive crusades around the globe. Original Article: "Paranoia about American Weakness Rests on a Flawed Understanding