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sound money

20th Century

Sound Money Can Prevent What Representative Democracy Does Not

17th August 2022 Patrick Barron 3293 Comments

One of the arrogances of “Western” nations is that our way of life and our liberties are protected by periodic elections as required by constitutions, written (America) or not (Great Britain), containing bills of rights, [more…]

Business

The Fed Cannot Go Bankrupt, and That is a Big Problem

4th July 2022 Patrick Barron 3051 Comments

A recent essay on Mises Wire triggered quite a bit of discussion among a group of Austrian school economists. Paul H. Kupiec and Alex J. Pollock’s Who Owns Federal Reserve Losses and How Will They [more…]

Economics

Corruption of the currency and decivilization, part 2

3rd November 2021 Going Postal 4229 Comments

Gold-backed civilization vs. the Welfare State Many rational economists and students of history have written countless analyses on the gold standard and the terrible impact that its end has had on the world economy. However, [more…]

Economics

Corruption of the currency and decivilization, part 1

1st November 2021 Going Postal 2785 Comments

The rise and fall of the Roman Empire is arguably one the most studied, written about and theorized over subjects in academia, with fiery debates raging for hundreds of years among historians, sociologists and political [more…]

Emile Woolf, Going Postal
19th Century

Can lost production ever be recovered?

13th April 2020 Emile Woolf 2678 Comments

It’s easy to blame Covid-19 virus for the nation’s woes and, up to a point, that’s understandable. People who focus exclusively on the nation’s health tend to pay less attention to the economic damage wrought [more…]

Emile Woolf, Going Postal
Capitalism

Testing the Socialist hypothesis

20th January 2020 Emile Woolf 2102 Comments

Kristian Niemitz, Head of Political Economy at the IEA, wrote a book last year in which he explores the reasons why the idea of socialism persists as a viable economic system. In “Socialism: the Failed [more…]

Economics

Counterfeiting Money Is a Crime, Whether by the Fed or A Private Individual

4th April 2019 Patrick Barron 3943 Comments

A few years ago, shortly after the 2008 subprime lending disaster, the Fed sent a public relations team around the country to conduct supposedly “educational sessions” about how the Fed works and the wonderful things [more…]

Arts

The Truth About Central Banks

19th February 2019 Patrick Barron 4447 Comments

Most of the world takes it for granted that central banks are necessary for the smooth conduct of trade, both foreign and domestic. Nothing could be further from the truth. Let’s be clear. Central banks [more…]

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