The Great Mischief Maker
There is reality and there is Ben Bernanke. The two are ever more disconnected. Speaking in Jackson Hole, Wyo., Fed Chair Ben Bernanke claimed …
Banks and Sociopaths
Oceans of taxpayer money and patience have been devoted to propping up the banking system. Why? So that when we go to retrieve our …
A New Case for Gold
While Ron Paul lost the battle for the presidency, he may yet win the war for sound money. At least the intellectual battle might …
The Greatest Market in the World
In the United States, the free (as in government is not involved) part of free enterprise has been forgotten. So it is the highest …
The Murray I Knew
The harder you work, the luckier you get: You never know when serendipity will smile. This week, the Laissez-Faire Club is offering for free …
Will the Jobless Masses Storm the Barricades?
Many political pundits doubt that an incumbent president can win re-election with an unemployment rate over 8% After all, we are told, no American …
Let’s Build a Self-Managed World
The books we remember most are the ones that change our minds or redirect our thoughts. Most readers consume books and ideas that only …
Is Austerity Killing Us?
The European economy is turning from stagnation to contraction. Financial journalists are concluding that “austerity” is the reason. They say that forced reduction in …
How the Fed Killed Equities
Not too long ago, it was conventional wisdom: Personal wealth comes not from wages, but from return on investments. Stocks are for the long …
Olympics and Economics: Why the Double Standard?
Why do people love competition so much in the field and in the pool, but fear and hate it in the business world? The …