Scrooge was never mistreated by his nephew, by Cratchit, or by those seeking charitable donations. Scrooge was always free to refuse them all.
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World News
The idea is now widespread that communities or groups exercise a form of collective thought, which can be duly expressed by the leader of the group as the thoughts of the group mind.
With employment fundamentals so weak, the real way to increase home sales is to cut prices further. That, of course, is not what sellers want to hear.
Financial bubbles, which used to be rare, have become a way of life, thanks to a quarter century of easy money policies from the Federal Reserve System. We need to better understand how bubbles form and why they are so harmful.
Financial bubbles, which used to be rare, have become a way of life, thanks to a quarter century of easy money policies from the Federal Reserve System. We need to better understand how bubbles form and why they are so harmful.
Father Frost (the Soviet Santa Claus) asks: “To whom do we owe all the good things in our socialist society?,” to which, it is said, the children chorus the reply, “Stalin.”
President Trump announced the tariffs aiming at two goals: protecting American producers and the relocation of foreign companies to the US. People have been “protected” by being disallowed peaceful, mutually-beneficial trades with others.
What we cannot do, legitimately, is have the US government go abroad in search of the Venezuelan monster to destroy.
Murray Rothbard properly noted that the predatory state needs its “court intellectuals” to legitimize its predations. American higher education is happy to provide them.
Gold is up, bitcoin is cooling, the yield curve turning. 2026 could un-invert the story.