In the debate over immigration among laissez-faire liberals and libertarians, one aspect of the open-borders side becomes quickly apparent: the debate generally ignores problems related to geopolitics such as international conflict, ethnic strife, and expansionist states. Rather, the libertarian advocates of open borders tend to focus overwhelmingly on why rich countries should open their borders to migrants from lower-income countries. These open-border arguments...
Read More »The Economic Wisdom of Antony C. Sutton’s The War on Gold
Economist Antony C. Sutton understood one of the most fundamental economic truths: gold is money. Thorsten Polleit reviews Sutton’s classic book, The War on Gold. Original Article: The Economic Wisdom of Antony C. Sutton’s The War on Gold [embedded content] Tags: Featured,newsletter
Read More »A Free and Open Internet Is a Threat to the Establishment
Using the rhetoric of “protecting democracy,” American ruling elites have tried to censor the internet because they don’t like the results of democracy when information no longer is filtered by the political classes. Original Article: A Free and Open Internet Is a Threat to the Establishment [embedded content] Tags:...
Read More »Government Prohibitions on Raw Milk Are Ignorant and Dangerous
Since government regulates nearly everything, it is not surprising that regulations often prohibit the sale and consumption of raw milk. Like many other regulations, these prohibitions reflect political favoritism, not health science. Original Article: Government Prohibitions on Raw Milk Are Ignorant and Dangerous [embedded content]...
Read More »Authorities in Jamaica Endorse Cancel Culture
Jamaicans are willing to accept authoritarian behavior from the state in the name of rejecting colonialism. Original Article: Authorities in Jamaica Endorse Cancel Culture [embedded content] Tags: Featured,newsletter
Read More »America’s Fiat Money Gestapo: The Untold History of the Secret Service
There is an untold story in American monetary history. Some are reluctant even to discuss it. I’m referring to the US Secret Service’s very own role in the destruction of sound money in America. As constitutional, sound money in the form of physical gold and silver coins—whether minted privately or not—became an annoying impediment to expanding the size and power of the federal government, central planners began circulating unbacked paper proxies and formed...
Read More »Negative Leverage: The Fed’s Latest “Gift” to Apartment Investors
The Federal Reserve’s inflation of the money supply and interest rate manipulation distort capital markets through, among other things, the creation of asset bubbles. As the cost of borrowing decreases and cheap money floods an economy, speculation in capital markets increases, leading to prices unmoored from fundamentals. Underlying these asset bubbles is a certain investor psychology—one based on expectations, encouraged by Fed actions over the last thirty-five...
Read More »Wonka: A Tale of Evil Businessmen and Cronyism
Wonka (2023) is a prequel film to the beloved story Charlie and the Chocolate Factory by Roald Dahl. Wonka tells the story of a young Willy Wonka, an up-and-coming chocolate salesman and magician, who challenges a chocolate cartel’s dominance. As one could imagine, the film is full of scenes that cast private enterprise in a negative light. The main villains are stereotypical movie businessmen who will do anything, even murder, to achieve their ambition for higher...
Read More »Headline Math, Women’s Wages, and a Very Bad Deal in Higher Education
Headline math is a simple percentage expressed as a fact without context. Its design is to create an emotional response, support an opinion, or generate a click past the paywall. Once articulated, it exists in speech as a noun. W. Brian Arthur’s paper “Economics in Nouns and Verbs” explains the use of nouns to express a conclusion as fact, excluding further discussion. Student loan statistics for women are presented as facts, needing no further thought or...
Read More »It Began with Carl Menger: The Austrian Intellectual Triumph
Near the end of the nineteenth century, the European intellectual scene witnessed a remarkable theoretical contest known as the “battle of methods,” or in German, Methodenstreit. This intellectual clash stood out due to the confrontation between the precepts of methodological and subjective individualization, equipped with a subjectivist and individualizing worldview of the method. It was represented by figures such as Carl Menger (considered the founder of the...
Read More »