Paper Bugs, or, Stupid Arguments Against Gold
Persons familiar with my writings on monetary reform know that, far from being anyone’s idea of a gold bug, and despite my conviction that those monies work best that governments govern least, I’ve always shied away from arguing that we ought to...America Needs an Alternative to Obama’s Gloomy Future
The Federal Reserve is reporting that American families have about the same net worth under the Obama administration that they had 20 years ago when George H.W. Bush occupied the White House. The Fed’s findings, which are contained in its latest Survey of Consumer...Obama Has “More Work to Do”? Please God, No!!
The latest economic numbers are not looking good. It’s becoming harder for Obama to fudge them. Obama’s response? He says “we’ve still got a lot of work to do.” More work to do? What exactly does Obama plan to DO that he hasn’t...No Economic Freedom? No Freedom
More from the articulate Florida Rep. Allen West: “What have we seen happen recently, in the last 10 years? A food stamp program that has gone from about $20.6 billion to over $75 billion in allocation of funds. A 267 percent increase. That’s not how you empower...Obama’s Manipulation of Drug Companies: A Scandal, But No Surprise
The New York Times reports that a new trove of emails shows President Barack Obama’s White House agreed to help drug companies block a proposal to bring down medicine prices so they would back Obama’s healthcare plan. House Republicans obtained the three-year-old...Producers of the World…Unite!
We’re taught in school that it’s workers who make the world go ’round. Actually, it’s not just workers who make everything happen. It’s producers. Producers are the people who take care of themselves. A producer can make minimum wage, a...The Common Denominator Between Riots Against Austerity Measures, Protests Against Tuition Hikes, And “No Zeros” High School Grading Policy
I have resisted commenting on political issues—such as the riots in Greece against the austerity measures by the government and the more than three-month long student protests in Montreal against the small tuition hikes introduced by the Quebec government—because I...Damn the Torpedoes
Once economies stop throwing good money after bad, capital is freed up to flow into more economically viable purposes. But economists and politicians never look at the long term. Their job seems to be to manage the economy for the next election.