Regulatory systems are infamous for creating “traps” that seem to be impervious to reform. Regulators seek to “drain the swamp,” but, instead, find themselves up to their necks in alligators.
Switzerland’s population has grown far faster than that of surrounding EU states, rising by 23% since the free movement agreement came into effect in 2002.
Prediction markets, while obviously imperfect, still work well because people voluntarily put their money where their beliefs are. Naturally, the government wants to shut them down.
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The Ignoramus-in-Chief Declares: “I Love the Inflation”
Unfortunately, the Pope does not understand the role that monetary inflation plays in fueling AI's excesses. If he did, he might lead a necessary anti-AI spiritual alliance for sound money.
Mark Thornton reviews John Mearsheimer’s Why Do Politicians Lie? and connects political deception abroad to the Fed-driven distortions now warping markets, money, and the working class.
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Sound Money, Artificial Intelligence, and the Pope
Unfortunately, the Pope does not understand the role that monetary inflation plays in fueling AI’s excesses. If he did, he might lead a necessary anti-AI spiritual alliance for sound money.
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The Fear of the Signal: Why the State Urgently Wants...
Prediction markets, while obviously imperfect, still work well because people voluntarily put their money where their beliefs are. Naturally, the government wants to shut them down.
Before the Nat Turner Rebellion and the rise of militant abolitionism in the North, there were more anti-slavery societies in the South than in the northern states.
Before the Nat Turner Rebellion and the rise of militant abolitionism in the North, there were more anti-slavery societies in the South than in the northern states.
Egalitarian interpreters of the Declaration not only empower the centralized state but promote a view of “equality” that shares a common ethical error with slavery itself—that legal castes of humans may be created and enforced against the liberty of others.
In today's Friday Philosophy, Dr. David Gordon revisits The Calculus of Consent by James Buchanan and Gordon Tullock, considered a "classic" by mainstream economists. Murray Rothbard, however, dissented loudly.
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April Money Supply Growth Hit a 49-Month High. And...
In spite of repeated claims from the Federal Reserve that monetary policy is at least moderately restrictive, there is no sign of any slowing in money-supply growth.
A late 1953 Agency memo documents how the CIA for years broadcast “black radio transmissions” in Ukrainian from a secret CIA installation in Athens, Greece.
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The Declaration of Independence versus Egalitarianism
Egalitarian interpreters of the Declaration not only empower the centralized state but promote a view of “equality” that shares a common ethical error with slavery itself—that legal castes of humans may be created and enforced against the liberty of others.
The US is not the only country with an out-of-control central bank. Brazilians are feeling the pain from decades of irresponsible central bank and government decisions.