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A modern misconception of antebellum slavery is that it “built the country.” Actually, the institution of slavery, economically speaking, was a deadweight loss to the US economy.
Political activists in corporate America invented the “key performance indicators” (KPIs) which make us less productive and are essentially God‘s gift to bureaucracy.
The state and its friends reject the scarcity principle and uphold its polar opposite, the Santa Claus principle.
Another national election has come and gone. Unfortunately, though, opposition to the status quo is not the same thing as support for peace, freedom, or free markets.
There are two ways in which people in a community can coexist. One is by peaceful cooperation, and the other is by taking what others have produced.
Washington has wielded the sanctions weapon against nearly a third of all nations on earth. It is time to rethink these policies, and one hopes the incoming Trump administration will do just that and change course.
Washington has wielded the sanctions weapon against nearly a third of all nations on earth. It is time to rethink these policies, and one hopes the incoming Trump administration will do just that and change course.
Ready and generous deficit financing is key to state power. This was most recently evident in the gigantic deficits of the covid financial and economic crisis and the vast subsidies of its aftermath, which led, as we have said, to peak Fed in March 2022.