Does Government Spending and Money Expansion Create New Wealth or Destroy It?
Government efforts to expand “aggregate demand” involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it.
Government efforts to expand “aggregate demand” involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it.
The recent campus protests following the Hamas-Israel conflict have been framed as either antiapartheid or anti-Semitic. The conflict is much deeper, being rooted in toxic identity politics.
The standard line is that taxes are part of a “social contract” that individuals have with the authorities that govern them. It is time to rethink the terms of this so-called deal.
Mark Thornton examines the proposed Congressional compromise spending legislation.
The island nation of Jamaica has beautiful beaches but a problem with poverty. Jamaica needs capital and free markets, not more state control of the economy.
Since government regulates nearly everything, it is not surprising that regulations often prohibit the sale and consumption of raw milk. Like many other regulations, these prohibitions reflect political favoritism, not health science.
Using the rhetoric of “protecting democracy,” American ruling elites have tried to censor the internet because they don’t like the results of democracy when information no longer is filtered by the political classes.
While the Secret Service is best known as the guys in sunglasses protecting the president of the United States, the SS actually was created to enforce the fiat money regime during the Lincoln administration.
President Joe Biden is promoting his “AI Bill of Rights,” which looks to be an attempt to censor political opposition. Naturally, political and media elites are enthusiastically endorsing it.
It seems U.S. government officials are entitled to blindfold and deceive the American people to avoid “intruding” on foreign leaders planning a military attack? This theory of democracy gets curiouser and curiouser.