Much of the failure of American schools is due to the adherence to a flawed system of teaching students how to read. Homeschoolers often don‘t seem to have that problem, and there is a good reason why.
Bitcoin is many things to people and it certainly has developed into a valuable asset. It also has been used as a medium of exchange. But is it money? According to Austrian economics, the answer is “no.” At least not yet.
Those carrying out government directives are even less bound by law than they were a few years ago, and talk about new bureaucrats is beginning to resemble the Kremlinology of the Cold War.
Ralph Raico presents the fundamental political problem of the twentieth century, which remains our fundamental political problem today: How can war—given its appalling destruction—be avoided?
In replying to a previous article by Frank Shostak, Douglas French writes that if an increase in the supply of gold ultimately leads to an expansion of bank credit, that is enough to start the boom-and-bust cycles, even if there is no central bank to accelerate the process.
It is well-known that Murray Rothbard and Ralph Raico could not be characterized as fans of Keynes, but it turns out that they were mistakenly too easy on him on one issue, giving him some credit he does not deserve.
Mark Thornton appears on Freedom Works! with Paul Molloy.
Economist Jonathan Newman joins Ryan to discuss how deficit spending and runaway debt is causing price inflation and higher interest rates.
Governments seem united in their drive to destroy sound money and replace it with worthless paper. As technologies advance, however, so does the ability of people to undermine government, and with it, the development of sound money.
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