The Covid Silver Lining
After more than a year of unprecedented state intervention in our private lives, have Americans accepted a grim "new normal"? Recorded in Colorado Springs on August 21, 2021. Special thanks to William Brennan for sponsoring this event.
Beer: A Short and Bitter History of Regulation
“Brewed according to the German Purity Law,” a Hobräu München hefeweizen bottle proudly declares. This brewery is not alone. Other German and even American brewers brag about how their beer adheres to the 1516 Bavarian Reinheitsgebot, which originally limited beer’s
The End of the Gold Standard. Fifty Years of Monetary Insanity
This year marks the fiftieth anniversary since Nixon suspended the convertibility of the US dollar into gold. This began the era of a global fiat money, debt-fueled economy. Since then, crises are more frequent but also shorter and always “solved” by
War and the Money Machine: Concealing the Costs of War beneath the Veil of Inflation
In every great war monetary calculation was disrupted by inflation. … The economic behavior of the belligerents was thereby led astray; the true consequences of the war were removed from their view. One can say without exaggeration that inflation is
Anti-life Ethics
Roger Crisp is a well-regarded philosopher and has written important books on ethical theory and its history with a concentration on the British utilitarians. But in an article that appeared in the New Statesman on August 10, he presents one
Marlboro CEO wants you to Quit Smoking
The CEO of Philip Morris International, the tobacco giant that manufactures and sells Marlboro cigarettes outside of the United States, revealed in an interview over the weekend that the company plans to stop selling cigarettes in the UK within the
Bretton Woods and the Spoliation of Europe
Having marked the quinquagenary of the destruction of the gold standard Sunday, August 15, it is natural to be a little nostalgic for the Bretton Woods system. After all, it might not have been the classical gold standard, but at
The Secret Ronald Reagan Told Me about Gold and Great Nations
Today [August 15] marks 50 years since President Richard Nixon closed the “gold window,” ending the ability of foreign governments to exchange United States dollars for gold. Nixon’s action severed the last link between the dollar and gold, giving the
WaPo Editors: “Liberty” Requires Us to Implement Vaccine Passports
Mandating private and government employees to be immunized against covid-19 and requiring the use of standardized electronic passes as proof of immunization across the nation is what liberty is made of, the editors of the Washington Post argued last week. State
The Moon Wobble – What does it hold for our Future
How often have you been intrigued by the thoughts about space and the celestial bodies? As kids, we really get excited about knowing more about the unknown ideas and mysteries of the world. How a star that is billions of