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Democracy Is Inherently Broken
Like the U.S., many democratic nations are suffering from permanently high unemployment, staggering public debts and budget deficits, and a deep economic recession. Although …
Laissez-Faire Today
The Big Drag on the Rest of Us
It’s second-term scandal season in Washington, D.C. The folks at Fox are eating it up. But over at MSNBC, not so much. First it …
Don’t Be Fooled Again
“There’s an old saying in Tennessee,” the last president said in a classic George W. Bush gem. “I know it’s in Texas, probably in …
Ground Zero in Crypto-Commerce
There were no cubicles, no executive suites, and no visible hierarchies of power. It was just a large open room with computers and desks, …
The “Social Contract” With the Government Is a Fraud
There are many theories to explain government. Most are nothing but scams, justifications, and puffery. One tries to put something over on the common …
Government Creates a New Criminal Class
Woo-hoo! It is a wonderful thing when the good guys win one for a change. Well, it wasn’t a total win, but it gives …
Why Political Correctness and Economics Don’t Mix
Why learn economics? To know economics is to understand how the world works. Multitudes of people know nothing about the subject, and that is …
Is It Fixable?
In the 15th century, the highest standard of living in the world belonged to China. Places like Nanjing had reached the pinnacle of civilization …
The Not-So-Golden Years
The dream of virtually every American is to retire as early as possible. Who doesn’t want to have each and every day to do …
What Didn’t Change When Nixon Cut the Gold Link
“Let me lay to rest the bugaboo of what is called devaluation,” Richard Nixon told his fellow Americans on Aug. 15, 1971. The 37th …