Socialism, Minority Groups, and Personal Liberties
Socialists have managed to acquire the loyalty of a coalition of disparate groups by championing the principle of personal liberty.
The Fed Is Overindebted, Isn’t It?
Behind closed doors, the report is already making the rounds in expert circles: if you follow the rules of sound
Was Japanese Colonialism the Engine of Later Prosperity
Mainstream historians attribute the postwar economic success of South Korea and Taiwan to the legacy of Japanese colonialism. The Japanese
Disinformation and the State: The Aptly Named RESTRICT
Federal laws with acronyms are usually bad news. (Think the USA PATRIOT Act.) The RESTRICT Act is yet another Orwellian
A Credit Crunch Is Inevitable
Federal Reserve data shows $98 billion of deposits left the banking system in the week after the Silicon Valley Bank collapse.
Bank Reserves
Bank reserves are seldom mentioned except in cases of bank runs. The other possible mention is all the interest money
The Progressive Era and the Family
[Originally from Joseph R. Peden and Fred R. Glahe, eds., The American Family and the State (San Francisco: Pacific Research Institute, 1986).] While
Argentina Sleepwalks into Hyperinflation (Yet Again)
The Argentine peso has lost half its value in one year. Both the official and parallel exchange rates with the
Washington Has No Moral Authority to Ban Guns
After the hate crime against Christians perpetrated by a transgender shooter in Nashville in March 2023, there was the usual
Can Supercomputers Make Socialism Work?
Jonathan Newman joins Bob to critique a recent Twitter argument where some were claiming that supercomputers solved the socialist calculation