How a CBDC Created Chaos and Poverty in Nigeria
The Nigerian government should have seen the economic disaster the eNaira would cause. They didn’t, and chaos and rioting followed.
The Nigerian government should have seen the economic disaster the eNaira would cause. They didn’t, and chaos and rioting followed.
The covid restriction machinery is being ramped up in time for fall, despite the fact that covid poses little danger.
The covid restriction machinery is being ramped up in time for fall, despite the fact that covid poses little danger.
Progressives have distinguished themselves in the past half century by being against progress. That trend is unlikely to change.
To progressive elites, the state (at least one run by progressives) is omniscient and all-powerful. To anyone with understanding, the state is an entity usually run by gangsters.
The seventy-fifth-anniversary celebration of the British National Health Service masked the real failures of this system, one that only can become worse over time.
The Biden administration is unleashing the USDA on small farmers, attempting to regulate them out of business. This is done to protect not the public's health, but politically connected agriculture interests.
Murray Rothbard wrote that egalitarianism was a war against nature. Statism has become a war against reality.
The activists went from "We want to be left alone to live our lives" to "we want to control your lives too." Now the movement has state power on its side and bullies all opponents.
In 1944, F.A. Hayek's best-selling book, The Road to Serfdom, warned the West that the "free" nations would lose their freedom as government expanded. He was right.