Economics
As Free as Air: 4 Founders on Labor, Regulation and Trade
While getting bombarded with the propaganda that government regulations make us free and prosperous, a little reminder about a different approach – freedom – from Thomas Jefferson, Benjamin Franklin, Arthur Lee and Pelatiah Webster. Path to Liberty:...
From the Nixon Shock to Biden-flation
This month marks fifty years since President Richard Nixon closed the โgold windowโ that had allowed foreign governments to exchange US dollars for gold. Nixonโs action severed the last link between the dollar and gold, transforming the dollar into pure fiat currency....
Political Hacks Concoct Excuses for Inflation
Jerome Powell, after last weekโs FOMC meeting, said inflation has run hotter than expected. However, he wants to assure Americans that the destruction of their dollarsโ purchasing power is “temporary.” His diagnosis? Ballooning demand for goods and...
Did Trump Give Use the Best Economy Every? Not Even Close
President Trump has repeatedly asserted that before the coronavirus pandemic, the U.S. was in the midst of the “greatest economy in the history of our country.” But the rhetoric certainly doesn’t live up to reality. In fact, Trumpโs boasting doesnโt...On Oct 1, the #NationalDebt hit $27 Trillion. Trump blasted $7 trillion in 4 years, compared to $9 trillion in 8 years under Obama. @mmaharrey10th pic.twitter.com/O2ZPUoSKXR
— TenthAmendmentCenter (@TenthAmendment) October 6, 2020