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Category Archives: Viewpoint
The Gold Standard: Ten Things Every Economist Should Know
At the risk of sounding like a broken record (well, OK–at the risk of continuing to sound like a broken record), I’d like to say a bit more about economists’ tendency to get their monetary history wrong. In particular, I’d … Continue reading
“Enduring Appeal of Cold, Hard Cash”: Facing Crisis, Demand for Physical, Not Digital, Money
The cashless control grid may still be coming, but it is not going to replace cash anytime soon. Though millions of people have started using digital devices to pay for goods and services, the appeal of physical cash is soaring, … Continue reading
Frederic Bastiat (1801-1850): Between the French and Marginalist Revolutions
CLAUDE FREDERIC BASTIAT was a French economist, legislator, and writer who championed private property, free markets, and limited government. Perhaps the main underlying theme of Bastiat’s writings was that the free market was inherently a source of “economic harmony” among … Continue reading
Federal Reserve 100 Years of Failure
In ‘honor’ of all of the disciples of Paul Warburg and his handlers, the Rothschild Dynasty – Happy Birthday you traitorous bas-TURDS. (Ed.) Researching economic publications on the first century of the Federal Reserve System provides a wealth of financial … Continue reading
Caruba: The Financial Collapse of America
“The United States is in very deep trouble. First, the concept of repaying $16.7 trillion in debt is not even a remote possibility over the next 100 years, even if the government had small surpluses. Then, because the country is … Continue reading
Keeping the Poor Poor (Until They’re Not)
Government data indicate that the U.S. remains far from winning the longest war in its history: the war on poverty. The latest line of argument from defenders of the welfare system is that we are measuring poverty inaccurately; counting welfare … Continue reading
100 Years Old And Still Killing Us: America Was Much Better Off Before The Income Tax
Happy April Fools Day… Did you know that the greatest period of economic growth in American history was during a time when there was absolutely no federal income tax? Between the end of the Civil War and 1913, there was … Continue reading
Money Is A Form Of Social Control And Most Americans Are Debt Slaves
Is America really “the land of the free”? Most people think of money as simply a medium of exchange that makes economic transactions more convenient, but the truth is that it is much more than that. Money is also a … Continue reading
We Are Witnessing The Death Of Small Business In America
Historically, small businesses have been the primary engine of new job creation in the United States. If the economy was getting healthy, we would expect to see the number of jobs at new businesses rise. Instead, we are witnessing just … Continue reading
37 Facts About How Cruel This Economy Has Been To Millions Of Desperate American Families
Have you ever laid in bed awake at night with a knot in your stomach because you didn’t know how your family was possibly going to make it through the next month financially? Have you ever felt the desperation of … Continue reading
