Introductory

The Boom has Turned to Bust.

The United Nations recently passed a resolution in which those who lend money to governments are denounced as "vultures" while the governments themselves are portrayed as hapless victims. This isn't exactly a complete and accurate picture of the situation.

With a Congress enamored of military spending and elective wars, there's no end in sight for the tax and spend policies that ensure bigger and more lavish treats and amenities for government contractors and military agencies alike.

Marvel Studios just keeps cranking out the superhero movies, and many of them present ambiguous messages about the state. But most of them do seem to stick to a central anti-state message: the government's next superweapon may destroy us.

There’s much debate over how the Fed determines interest rates. Many pundits seem to assume that central banks dictate interest rates to the market. In fact, central banks mostly affect interest rates indirectly through their power to change the money supply.

When we adjust for the cost of living, we find that more economically free states in the US are richer, happier, and endure less poverty than the high-tax highly regulated states. Consequently, many people continue to move from less-free states to more-free states.

Progressives once bragged about how their economic policies favored whites over blacks in the job market. Nowadays, Progressives claim to be helping racial minorities, although their economic policies remain exactly the same.

The Greek debt crisis is often framed as a matter of Greek debtors against German creditors. But it’s really a matter of Greek and German taxpayers being exploited by their own governments which are promising to pay debts with other people’s money.

Many are debating the nature of the state’s role in marriage, but the state has never been a friend to marriage of any kind, and has done much to undermine marriage’s economic and social benefits while substituting the state for family institutions.

A “living wage” is a function not just of wages, but also the cost of living. So why aren’t living-wage advocates picketing grocery stores, home sellers, and gas stations demanding they slash prices? Why are employers solely responsible for making everything affordable?