Central banking is often touted as a stabilizing force in the economy, but in reality, it’s an intricate mechanism of … Read the rest
Category: Statism
Freedom or Intervention?
The free market is the natural state of human interaction. People exchange goods and services voluntarily because it benefits both … Read the rest
What is Capitalism?
There’s a lot of misuse of the word “capitalism.” Anything that needs a qualifier—like “bailout capitalism” or “crony capitalism”—probably isn’t … Read the rest
Too Dumb to Decide?
The Permanent Revolution
A giant threat to freedom is the permanent revolution the state is waging on the individual. This permanent revolution—as … Read the rest
The Truth about Money
Money is necessary to determine the difference between inputs and outputs. Paper money makes that more and more difficult to … Read the rest
Violent Changes in the Value of Money
The changes in value haven’t come from gold. The change is due to fiat money and the printing press. Gold … Read the rest
Covert Parasitism
There are no booms and busts in the free market. I repeat, there are no booms and busts in the
Echo Chamber
We live in an upside-down world where ridicule is considered a refutation. There’s usually an emotional appeal. Very rarely … Read the rest
Irresponsible Babbler
There is a severe misunderstanding of what capitalism is. The irresponsible babblers will provide all sorts of definitions. All of … Read the rest