The Bankruptcy Parade Continues: U.S. Cities and Towns
Unlike the federal government, local entities cannot print their own money and they are subject to economic boom and bust cycles.
Unlike the federal government, local entities cannot print their own money and they are subject to economic boom and bust cycles.
It’s not unfair to say that the current unrest and rioting in the UK has been accompanied by a lot of inaccurate information.
Legislating against unfairness in order to achieve "equal" outcomes is like legislating against the wind. While government has little control over outcomes, its predations can make those outcomes worse.
The Labor Party's recent triumph over the intellectually-spent Tories finds the political regime wanting to bring back full-blown socialism. There is little to stop the British left from pushing a disastrous agenda.
Is the United States on the fast track to ruination? Or, could a so-called Democratic Socialist government be a role model for the US?
Government officials cannot stand to be mocked, but Brazil's finance minister and his tax plans have made the regime the target of a new wave of mockery.
War, Economy, and State merges with Radio Rothbard on this episode, with Zachary Yost joining Ryan and Tho for a look at the draft.
Meanwhile at the EU, the censorship and anti-free speech regime marches on. The current target is Elon Musk's X. It won't stop there.
With the European economy remaining relatively stagnant and government debt levels climbing to disturbing levels, it's possible that some of these countries will see another debt crisis like we saw in Greece more than a decade ago.
With its focus on dismantling the administrative state, Project 2025 represents a refreshingly serious turn for the American right. However, its policy prescriptions remain frustratingly moderate.