Mainstream economists and others speak of the Consumer Price Index as the measure of inflation. Yet, the CPI is nothing more than a weighted average of numbers put into an arbitrary formula. It is time to end this statistical charade for good.
One of the most enduring myths of American history is that Herbert Hoover was a laissez-faire advocate who “did nothing” while the US economy slid into depression. How did he gain this undeserved reputation?
Neither Congress nor President Trump speak anymore about a balanced budget. Instead, the Republicans and Democrats compete with each other to see who can spend the most.
The revolutionaries include the pamphleteer writing in his study, the journalist, the agitator, the organizer, the campus activist, the theoretician, the philanthropist.
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Plantation Ledgers and the Illusion of Capitalist...
The New York Times claimed in its 1619 Project that plantation slavery was the basis for American capitalism. However, research shows that the plantations were anything but capitalist enterprises.
The government “shutdown” and the so-called threat to the food stamp program may be abated for now, but we need to understand why this program has metastasized in recent years. James Bovard tells us why.
On this episode of Power & Market, Ryan, Connor, and Tho talk about Trump's FDR-like proposal of a 50-year mortgage and the unfortunate reality that it seems to be one of the only actual policy ideas Republicans have left to "address" affordability.
November 11 was once known as Armistice Day, the day set aside to celebrate the end of WWI. In this essay Rothbard discusses the war as the triumph of several Progressive intellectual strains from the late 19th and early 20th centuries.
History Professor Heather Cox Richardson has grown very wealthy using her writings to attack the creation of wealth itself. While her columns are popular, they also are filled with economic illiteracy.
The government “shutdown” and the so-called threat to the food stamp program may be abated for now, but we need to understand why this program has metastasized in recent years. James Bovard tells us why.
The revolutionaries include the pamphleteer writing in his study, the journalist, the agitator, the organizer, the campus activist, the theoretician, the philanthropist.
When Congress fails to check the commander-in-chief, the constitutional duty of the legislature is lost. Only two Republican senators recently stood up when a vote reminded the president he must seek approval before attacking Venezuela.
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Trump promises $2k "stimulus" checks, but the numbers...
“A dividend of at least $2,000 a person (not including high income people!) will be paid to everyone.” But it's all just more federal deficit spending.
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Report: US To Build $500 Million Military Base in...
President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more costly and do nothing to address the root of this entire problem: the artificial housing shortage.
The liberal arts in higher education are in danger and many there are blaming (of course) free markets. However, by substituting progressive propaganda for higher learning, the leaders of liberal arts institutions sealed their own fate.