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
Six Reforms to Enhance Transparency and Fiscal Accountability Through the Congressional Budget Office
Romina Boccia and Dominik Lett
Contra Krugman, Policies of Countering Unemployment Are Costly
When the economy goes into a recession, most economic commentators believe that the government and the central bank should take steps to counter the rise in unemployment. Some economists believe that lowering unemployment can be achieved without any cost, given
US Foreign Policy Is a Far Cry from the Founders Intent
In July 2021, the Watson Institute of Public Affairs at Brown University reported that since September 11, 2001, 7,057 US military personnel have been killed in military operations in Iraq and Afghanistan alone. Civilian contractor deaths reached 8,000, although the