In the past year, foreign nations taking IMF advice on currency, tax and banking policies have suffered over $200 billion in loan losses and capital flight. The IMF has been pouring the funds of Western taxpayers into these regimes as fast as local wealth has been...
Richard M Salsman
Dr. Salsman is president of InterMarket Forecasting, Inc., an assistant professor of political economy at Duke University and a senior fellow at the American Institute for Economic Research. Previously he was an economist at Wainwright Economics, Inc. and a banker at the Bank of New York and Citibank. Dr. Salsman has authored three books: Breaking the Banks: Central Banking Problems and Free Banking Solutions (AIER, 1990), Gold and Liberty (AIER, 1995), and The Political Economy of Public Debt: Three Centuries of Theory and Evidence (Edward Elgar Publishing, 2017). In 2021 his fourth book – Where Have all the Capitalist Gone? – will be published by the American Institute for Economic Research. He is also author of a dozen chapters and scores of articles. His work has appeared in the Georgetown Journal of Law and Public Policy, Reason Papers, the Wall Street Journal, the New York Times, Forbes, the Economist, the Financial Post, the Intellectual Activist, and The Objective Standard. Dr. Salsman earned his B.A. in economics from Bowdoin College (1981), his M.A. in economics from New York University (1988), and his Ph.D. in political economy from Duke University (2012). His personal website is richardsalsman.com.
Attacking the Heart of Medicine
One vital fact was omitted in the news accounts about the success of Boris Yeltsin’s recent heart surgery: the failure of socialized medicine. And this fact underscores the question of whether America’s health-care policies are courting a similar failure....
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