Navigating the Complexity of Climate Change: A Closer Look at the Scientific Method and Its Challenges
The physical sciences have greatly advanced knowledge by elucidating the workings of simple phenomena. In a simple phenomenon, we have a limited number of important variables, all of which are identifiable and measurable. This allows us to run a scientific
Opponents of Secession Embrace Colonialism in Defense of “Enlightened” Central Governments
The idea of secession for some regions of the United States—sometimes simplistically called "national divorce"—has increasingly been mentioned as a way to deal with the apparent growing divide between what are crudely called "red states" and "blue states." Polls suggest
Biden’s Absurd New Economic Messaging Strategy
After spending months trying to sell his economic agenda under the banner of “Bidenomics,” the president’s team is frustrated. Voters aren’t believing them when they say that the economy is doing excellent and that Joe Biden deserves the credit. Rather than
The War on Producers and Entrepreneurs Is Based on False Notions of Profits
Since Adam Smith, economic thinkers have failed to understand that profits in a market economy are not extractions of wealth from laborers. In truth, profits lead to higher wages and higher living standards for those workers. Original Article: The War on Producers
Reflections on the Libertarian Role in Society
As the recent election of Javier Milei in Argentina shows us, there still is a place in the political world for libertarian thinking. Liberty is a goal still worth pursuing. Original Article: Reflections on the Libertarian Role in Society
Does Government Spending and Money Expansion Create New Wealth or Destroy It?
Government efforts to expand “aggregate demand” involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it. Original Article: Does Government Spending and Money Expansion Create New Wealth or Destroy It?
What is Money? Who Controls Money?
What Is Money? Who Controls It? Gold is money! Silver is money! Everything else is credit! J. P. Morgan famously said this in his testimony before Congress in 1912: “Gold is money. Everything else is credit.” J. P. Morgan was the founder of