If employment reports continue to show growing economic stagnation, calls for more monetary inflation and government spending will only grow.
World News
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More statist orientation of people, combined with already-bloated government budgets and dangerous levels of national debt, and strong underlying demographic erosions in the form of declining birthrates would suggest a…
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American journalists and academics have invented a fairy tale in which “free market orthodoxy” has dominated political thinking in America for the past forty years. This is not even slightly…
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The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying it.
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Only a couple years ago, climate change was a major political issue. Now it’s strangely absent from public discourse. Why did this happen?
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Mark Thornton appears on the Scott Horton Show to discuss the state of the economy.
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The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying it.
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In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood that in a free society, inequality…
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Yields on Japanese government bonds have risen in recent weeks on worries about Prime Minister Sanae Takaichi’s budget discipline, while the yen has weakened.
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It was at the height of the Cold War that the CIA and the American government began subsidizing Protestant missions, mostly of Pentecostal denomination, with the intent of diluting Catholic…
