One of President Biden’s first initiatives is a two trillion dollar proposal to rebuild America’s infrastructure. This plan is a typical Washington initiative in which lots of pet spending bills are piled on top of [more…]
We’ve all heard about the newest insult to our lives and our children. I refer, of course, to the growing adoption of “Critical Race Theory” as part of public school curriculum. Why should we be [more…]
A good definition of the Tragedy of the Commons is that “Resources that are un-owned and/or un-ownable will be plundered to extinction”. Consider the fishes of the seas, especially those that migrate such as whales [more…]
Wikipedia describes a Dutch Uncle as follows: Dutch uncle is an informal term for a person who issues frank, harsh or severe comments and criticism to educate, encourage or admonish someone. Thus, a “Dutch uncle” [more…]
The common thread that connects failed societies, from Weimar Germany to the Soviet Union, is an almost pathological insistence on denying reality. Weimar Germany denied that masses of printed money would destroy civilized society. The [more…]
We all are too familiar with the approach to pandemics taken by governments at all levels in the US. In the name of “public safety” governments assumed “emergency powers” to restrict the citizens’ right to [more…]
Do not believe government pronouncements that the economy is rebounding from very minimal damage caused by unprecedented Covid-19 inspired closures of businesses or that the damage was very mild anyway. Government will use it favourite [more…]
How Germany Can Liberate Its and Our Society from Impending Economic Collapse The unholy alliance between accommodating central banks and spendthrift governments, born of Keynesian economics, will cause the collapse of the Western world’s fiat [more…]
As a a professional research economist my first contact with crypto currency came with my ever increasing commitment to Austrian School economics over a decade ago. Always a free marketeer in the traditional classical liberal mode [more…]
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