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 …
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 …
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 …
Don’t Believe the Gloom-and-Doom Hype
In my youth, I did several years in Hollywood. My mother, thankfully, never found out. I told her I was a contract killer for …
GAO: Serious Cuts, Tax Increases Possible Due to Health Care, Pension Costs
People will be paying more and getting less from their governments as health costs and pension obligations will force state and local governments to …
Automated License Plate Readers Threaten Our Privacy
Law enforcement agencies are increasingly using sophisticated cameras, called “automated license plate readers,” or ALPRs, to scan and record the license plates of millions …
A Blueprint for Internationalizing Yourself
The countries of the developed world are experiencing a new class of refugee — members of the middle and upper classes. These rungs of …
Beware of Government “Extras”
Beware the government that provides “more.” Fear the government that provides “extra.” “More government” always means more of something, but not always more of …
Is There an Infinite Amount of Money Available to Fund U.S. Debt?
I am often asked, “How can anyone not see the problems of growing debt in the U.S.? Why can’t we get a consensus to …
Gold Sell-Off: There Is Only One Question That Matters
Last Friday, I participated in a short debate on BBC Radio 4’s Today program on the future direction of gold. Tom Kendall, global head …