The subtitle of its October 18, 2026 post by the Institute of Economic Affairs (London) carried this tantalizing statement: “Rethinking How We Care for an Aging Population”. The IEA carried part one of a three [more…]
Two mistaken lessons from the ‘20s and ‘30s haunt us today Prior to 1913 there was no central bank in the US, and yet the US enjoyed tremendous economic betterment in the post Civic War [more…]
The above is the first half of a famous cartoon quote from the early 1950’s which was reborn, so to speak, on Earth Day 1970. At the end of this short article I will give [more…]
Since fiat currencies, per se, are not redeemable for anything other than themselves, their very existence depends upon confidence. The issuing authority must not inflate the currency’s size to the point that it begins to [more…]
There is a very big difference between being an American and a citizen of any other nation We often hear that Americans are special. We may even say that ourselves. But what does that mean? [more…]
“Inflation is always and everywhere a monetary phenomenon.”–Milton Friedman “Inflation” is an increase in the money supply. Higher overall prices are the result of an increase in the money supply. To say that higher prices [more…]
The Unsavory Similarity Revealed It struck me that there are several similarities between Britain’s noble stand against Nazi Germany in 1940 and Iran’s stand against the US/Israel this year. The Battle for Britain 1940 After [more…]
I’m sure that most readers are shocked when they learn that a known criminal has been elected to an office of trust in some level of government. (I saw just the other day that a [more…]
My wife and I recently took a four day road trip to the Hudson, New York area to see some gardens and a couple preserved homes. We stayed the first night in quaint Hudson, NY, [more…]
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