Intermediate

Ryan McMaken has made a serious case for secession as a means to counter totalitarianism. David Gordon explains why this is the case.

Even with near-record inflation, the US dollar still has gained strength relative to other currencies. This does not mean that the Fed has been acting responsibly.

In a free market, short-term and long-term rates would move toward convergence. Fed interference with interest rates ensures that won't happen.

Responding to an attack on Ludwig von Mises in the socialist publication Jacobin, Professor Wiśniewski corrects the errors and sets the record straight.

President Biden's nonsolution of partial "debt forgiveness" is in limbo, but the slow financial destruction that massive student loan debt is unleashing continues.

Insurance protects individuals from events that cannot be foreseen. As Murray Rothbard noted, however, deposit insurance exists to "protect" a system that is inherently bankrupt.

This year's trio of Nobel winners in economics are short on actual economics and long on government intervention.

Gold historically has not been money by government fiat. Instead, gold has been the natural choice of people for money, something governments cannot undo (despite its best efforts).

Academic historians of the "acclaimed" new history of capitalism have a major weakness: their claims do not match the historical record.

As we watch the once proud edifice of higher education in the USA crumble, we realize that we are looking at institutional failure itself.