For honest money and social progress
From Eugen von Böhm-Bawerk’s blog. Source: http://bawerk.net/2015/08/05/that-70s-show-episode-1/ In several articles we have shown how the world changed from the 1970s with the breakdown of the old…
“Bubbles are the only things that matter. The rest of it is boring. You show up for work, markets are at normal levels, and…
[Editor’s Note: The following is by Ludwig Erhard, one of the most important economists of the twentieth century and mastermind of the German economic…
Perhaps the first great lesson of economics, as emphasized by Henry Hazlitt, is that there is no free lunch. The second, courtesy of Frederic…
“I have come here to chew bubblegum and kick ass. And I’m all out of bubblegum.” – ‘Nada’ (Roddy Piper) in the film ‘They…
Uber’s battle with New York City mayor Bill de Blasio, which culminated this week in a temporary truce while the city “studies” Uber, shines…
The following article first appeared in the print edition of The Spectator magazine, dated 4 May 2013. Few assets are more misunderstood than gold….
As the Yellen Fed inches painfully towards taking its first ‘data-dependent’ steps to raise rates (albeit with the promise that such a process will…
There is a myth prevalent today that the gold price always falls when interest rates rise. The logic is that when interest rates rise…
Editor’s Note: In light of Steve being re-elected to the Treasury Select Committee here is a short compilation of some of last year’s highlights….