The Federal Reserve has been increasing the money supply at an explosive rate. The federal budget, deficits, and the trade deficit are record levels. Governments, both foreign and domestic, have locked down people, restricting production and consumption. How should this

One of the worst consequences of converting the federal government to a national security state has been the stultification or warping of the consciences of the American people. With unwavering allegiance to the Pentagon, the Central Intelligence Agency, and the

The 1980s were a kind decade for the United States when it came to its ability to project military power. Coming off the heels of decisive interventions in Grenada and Panama and devastating punitive actions against Libya and Iran, the

Over the past half decade, there has been a growing trend signaling a shift in the perceived and accepted role of science. It is not uncommon to see slogans and mottos such as “the science is settled” and “believe in

The 2021 Nobel Prize in Economics has been awarded to Berkeley's David Card, MIT's Josh Angrist, and Stanford's Guido Imbens for their work on "natural experiments," a currently fashionable approach to estimating the causal impact of one economic variable on another.

Money supply growth slowed again in August, falling for the sixth month in a row, and to an18-month low. That is,  money supply growth in the US has come down from its unprecedented levels, and has now returned to more "normal"

Abstract: The conventional wisdom has it that US Democrats and those on the American left support incremental steps in the direction of socialism, if not an all-out endorsement of the concept. However, in at least one area—regulation—Republicans and the American

Last week, the media again tried to ratchet up the public’s fear over covid-19 by labeling it more deadly than the 1918 flu epidemic. “COVID-19 Is Now the Deadliest Disease in U.S. History,” reads one headline from an NBC TV

There is only one way to describe the fiscal mindset of those in the White House and in Congress who are proposing new federal budgetary expenditure and taxing increases in the trillions of dollars: a fantasy land of financial irrationality. The