Wal-Marts of An Earlier Age
The attack on Wal-Mart essentially comes down this: opposition to economic progress, defined as greater availability of goods and services people want at ever lower prices that indicate an ever wiser...
View ArticleGive a Penny, Take a Penny
A member of the US Congress has introduced a bill to eliminate the penny from the coinage. But why do we need a law? Merchants have found a way to deal with the declining value of money with these...
View ArticleMurder and Inflation: the Kentucky Tragedy
Following the Panic of 1819, the state of Kentucky sought to provide relief from the suddenly harsh burden of debt on many of its citizens, by creating the Bank of the Commonwealth, a new kind of bank,...
View ArticleRadioactive Money
The Islamic Republic of Iran has just issued a new 50,000 rial banknote. The denomination of the note is much larger than that of the highest banknote previously in circulation — 20,000 rials; which...
View ArticleThe Precedent for the Ron Paul Dollar
On Wednesday, November 14, 2007, federal agents raided the Indianapolis headquarters of a company called NORFED, the National Organization for the Repeal of the Federal Reserve Act and Internal Revenue...
View ArticleDealing with Recession
For all the talk by the Federal Reserve about “inflation targeting,” we now see that responding to short-run problems is paramount for the Fed. Holding the line on inflation is something the Fed does...
View ArticleClimate Change and the Choice of Life
It is one thing to be concerned about the possible impact of the sum of many tiny human actions on the climate of the planet on which we find ourselves, for this is entirely consistent with choosing...
View ArticleUnions then and now
During the late 19th century and early 20th, a confluence of circumstances transformed the United States into an industrial giant. Among these circumstances were a private-property, profit-oriented...
View ArticleShould the Government Bail Out Newspapers?
What started last year as something of a joke from the “tongue & check” department at Business Week, and a supposedly outlandish column by Michelle Malkin, has now become a reality: the state of...
View ArticleSecession Is in Our Future
Of course, once it becomes clear that a majority of the states — and specifically those that are the most productive — are seceding, the remaining states of Old America will have to consider their...
View Article
More Pages to Explore .....