by Michael Pento | Aug 24, 2010 | Investing
I’ve made a living out of exposing economic fallacies, but there’s one whale that I can’t seem to harpoon. Even top-flight Wall Street analysts seem to believe that the Fed’s doubling of the monetary base after the credit crunch has not had an... by Peter Schiff | Aug 23, 2010 | Investing
In a CNBC debate last week, former Labor Secretary Robert Reich presented a set of contradictory beliefs that unfortunately reflect the conventional wisdom of modern economists. In a discussion with Wall Street Journal columnist Stephen Moore, Reich correctly and... by John Browne | Aug 20, 2010 | Investing
Since March 2009, the S&P 500 has surged by nearly 60% and US Treasuries have continued to surge, pushing yields close to all-time lows. This has elicited sighs of relief from professional investors, who see the strength as sure signs of recovery. Yet, these... by Chaudhary | Aug 19, 2010 | POLITICS
In his weekly radio address this past Saturday, President Obama happily commemorated the 75th anniversary of Social Security. From my perspective, the milestone is nothing to celebrate. For although the president spoke earnestly about the “obligation to keep the... by Craig Biddle | Aug 15, 2010 | POLITICS
Like every ethical code, egoism has definite political implications. Just as the morality of self-sacrifice lays the groundwork for a particular kind of political system–one in which the government forces people to sacrifice (e.g., socialism, communism,... by Craig Biddle | Aug 14, 2010 | POLITICS
Now, despite its destructive nature, altruism is accepted to some extent by almost everyone today. Of course, no one upholds it consistently–at least not for long. Rather, most people accept it as true–and then cheat on it. All the major... by Craig Biddle | Aug 13, 2010 | POLITICS
The following is an expanded version of a talk I’ve delivered on various college campuses over the past few years. –CB Because of its prophetic nature with respect to current events, Ayn Rand’s 1957 novel Atlas Shrugged is receiving more... by | Aug 8, 2010 | POLITICS
Why Positive Rights Are Not Rights There presently exists a great delusion regarding the subject of rights. The great strides regarding natural rights that have been achieved by the likes of Locke have now been cast aside, in a modern era of entitlement; in an era,... by Michael Pento | Jul 28, 2010 | Investing
After hearing the dire warnings of deflation that have become the standard talking points of most economists, American investors may be reaching for a bottle of Prozac. I believe that their anxiety is misplaced. Unfortunately, modern economists don’t understand...