From an Austrian perspective, the Panic of 1893 provides key lessons, but this consequential panic has not received as much direct attention as it deserves.
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World News
The Illogic of Reparations: Historical Standards, Selective Memory, and the Logic of Victory
Demands for Americans to pay reparations to descendants of chattel slavery in America have been growing. The case for reparations, however, has always been weak and illogical.
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This week, Bob talks with macroeconomist Roger Farmer—who places himself “between Keynes and Hayek”—about how twentieth-century macroeconomics evolved.
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If Iranian authorities kill protestors, the US will ‘come to their rescue’, Trump says.
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Depending upon the narrative, American Indians were either noble creatures who were victims of a genocide by rapacious European settlers or were bloodthirsty savages. The truth is more nuanced.
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From an Austrian perspective, the Panic of 1893 provides key lessons, but this consequential panic has not received as much direct attention as it deserves.
-
World News
The Illogic of Reparations: Historical Standards, Selective Memory, and the Logic of Victory
Demands for Americans to pay reparations to descendants of chattel slavery in America have been growing. The case for reparations, however, has always been weak and illogical.
” A dollar saved in 1913 retains roughly $0.03 of its original purchasing power. The M2 money supply has expanded from approximately $15 billion to over $21 trillion…”
Travis Fisher In the energy sector, 2025 was the year when we all realized we had outgrown our trousers. The flaws inherent in the systems that seemed to work well for…
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