IMF SDRs and The Illusion of Inflationary Prosperity

SDRs are simply a mechanism by which to increase global currencies to meet the demands of governments to spend more than they are able to either collect in taxes or borrow from domestic and international creditors. It is a way for governments to continue to live and spend beyond their means.

Feds Can’t Regulate “Ideological Diversity” at Schools Like Harvard

No civil rights law on the books requires “viewpoint diversity” in university admissions or hiring or creates a protected class of students or faculty based on ideological views.

Congress Must Cut and Reform Medicaid

Because of Medicaid’s matching grant system, states have no incentive to cut wasteful or fraudulent Medicaid outlays and every incentive to increase both.

Is Capitalism to Blame For The Poor Health of Many Americans?

The statist mixed economy, not capitalism, is to blame for Americans’ poor health and poor diet.

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POLITICS

MARKETS

IMF SDRs and The Illusion of Inflationary Prosperity

IMF SDRs and The Illusion of Inflationary Prosperity

SDRs are simply a mechanism by which to increase global currencies to meet the demands of governments to spend more than they are able to either collect in taxes or borrow from domestic and international creditors. It is a way for governments to continue to live and spend beyond their means.

CULTURE

How Richard Nixon Wrecked Free Trade

How Richard Nixon Wrecked Free Trade

With the capacity to print forever, the US could fund its empire, fund its welfare state, fund its gigantic budget, fund its military, and all without bothering with actually doing much of anything beyond sitting behind screens. 

LAW

Who Controls the Administrative State?

Not a day goes by when the New York Times does not manufacture some maudlin defense of the put-upon minions of the tax-funded managerial class. In this worldview, the agencies are always right, whereas any elected or appointed person seeking to rein them in or terminate them is attacking the “public interest.”

SCI-TECH

WORLD

Putin’s Deception and Ours

Blaming others, such as the U.S. (e.g., CIA, etc) is a standard rationalization for the failure of dictatorships such as Cuba and Venezuela and  for the unlimited power it gives the rulers.

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