Will the Fed Lose Control?
The government’s excessive spending and debt is leading to what some economists call “fiscal dominance.” Fiscal dominance occurs when a central bank must prioritize monetizing ever higher levels of government debt.
Power & Market
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Orwell’s America
New York and California have become the dark dystopia Orwell described in 1984. Why does anyone stay?
The Heroic Anti-War Students
Libertarians should welcome these protests. They bring back memories of the Vietnam War student protests that participated in, brought down the war-criminal LBJ.
Nebraska Ends Income Taxes on Gold and Silver, Declares CBDC’s Are Not Lawful Money
With Gov. Jim Pillen’s recent signature, Nebraska has become the 12th state to end capital gains taxes on sales of gold and silver.
The Great Ukraine Robbery Is Not Over Yet
The ink was barely dry on President Biden’s signature transferring another $61 billion to the black hole called Ukraine, when the mainstream media bro
Killing the Golden Goose: Millennials Earn Less Than Their Parents Did
For the first time in our nation’s history, 30 year olds are doing worse than their parents.
MMT and Boiling Frogs
As much as its proponents brandish accounting tautologies and purely descriptive claims about government finance, in the end it is 100% political. Their framework is about giving the State maximum power—power to expropriate and power to override what would prevail in unhampered markets.
Texas Governor Abbott Doesn’t Understand the First Amendment
On the 27th of March, Texas Governor Greg Abbott signed an executive order which had the purpose of curbing speech deemed as “anti-semitic” on all
A “New” Book of Essays by William Graham Sumner
"The state is the greatest monopoly of all; it can brook no rival or colleague in its domain; it is necessarily sole and supreme."
How Does the Federal Reserve Fit into Our Constitutional Order?
This article is adapted from a lecture delivered to the Federalist Society:
