Business and “Price Fixing”

“As soon as two businessmen get together, they start discussing how to fix prices” This is what I heard a leftist public radio talk show host say on Sunday morning. My ears naturally perked up upon hearing something that ludicrous. He said he was quoting some...

The Cult of Sacrifice

In 2007, I served as a consultant to a group of citizens opposed to an attempt to bring zoning to Hobbs, New Mexico. During that time, I wrote a series of articles that were published in the local newspaper. This is one of those articles. In a referendum, zoning was...

The Real Crash

I first came to national attention back in 2008 and 2009 when the housing and credit markets imploded. I became known as the guy that other market “experts” laughed at when I warned of trouble brewing in the seemingly indestructible American economy. After...

Social Problems and the Solution

If we look at any number of social problems, we find numerous similarities. No matter the issue–education, energy, infrastructure, pollution, and much more–Americans look to government to provide the solution. These issues provoke heated political debates, with...

All Children Left Behind

According to clickorlando.com and FoxNews.com, The Florida Board of Education decided in an emergency meeting last Tuesday to lower the passing grade on the writing portion of Florida’s standardized test, after preliminary results showed a drastic drop in...

What is Money

Excerpted from the new economic bestseller, The Real Crash Today, we’re accustomed to thinking of small greenish paper rectangles as the definition of money, and we think of the US government as the only source of money. To honestly discuss sound money, we need...

Bail Out Europe? How About Stopping the Insanity?

Many are saying that the United States should bail out European economies. The rationale is self-interest. “If European economies go under, then the U.S. will go with them.” If the U.S. was not making the same kind of mistakes that European economies have been making,...