Survival Optional

It used to be said that self-preservation is the first law of nature. But much of what has been happening in recent times in the United States, and in Western civilization in general, suggests that survival is taking a back seat to the shibboleths of political...

The Housing Boom and Bust

In the spirit of bipartisanship, my newest book– “The Housing Boom and Bust”– shows how both Democrats and Republicans ruined both the housing markets and the financial markets. Like so many disasters, the current economic crisis grew out of...

Altruism: The Moral Root of the Financial Crisis

The financial crisis is, fundamentally, a moral crisis. To end the crisis, we must acknowledge that government intervention caused it, and we must demand that the government begin removing its coercive hands from the economy. With an eye to the short term, we must demand that it scale back the powers of the GSEs, the Federal Reserve, and the FDIC; and with an eye to the long term, we must demand that the government abolish these agencies entirely and restore a gold standard run by private, currency-issuing banks subject solely to the objective commercial and bankruptcy codes.

Green Jobs

Once we put our minds to it, nothing is easier than to think of things that would require the performance of virtually unlimited labor in order to accomplish virtually zero result.

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