Topic: Capitalism

Keep the Fed Out of Municipal Finance

Keep the Fed Out of Municipal Finance

– June 11, 2020

“Chairman Powell should follow the advice of his predecessors. With the program still in its infancy and economic recovery already underway, now is the time to end the MLF in order to preserve the Fed’s independence, maintain the separation between fiscal and monetary policy, and deter additional calls for municipal bailouts in the future.” ~ Thomas Hogan

READ MORE
American History Reveals the Alternative to the Police State

American History Reveals the Alternative to the Police State

– June 10, 2020

“There is ample evidence that decriminalization of Americans’ personal lives, the proliferation of gun ownership, and the encouragement of competitive markets for property insurance and private protection services can greatly improve upon our current monopolistic, union-controlled, taxpayer-funded machines of state repression.” ~ Robert E. Wright

READ MORE
Should We Be Worried about Big Tech?

Should We Be Worried about Big Tech?

– June 8, 2020

“AIER itself has faced throttling by Google, YouTube, and perhaps Twitter, and videos we’ve needed for science-based postings have been deleted. We steadily worked to build our own outlets, preparing for the possibility of full censorship.” ~ Donovan Choy

READ MORE
Federal Reserve of New York 1922

It’s Time to End the Fed’s Dual Mandate

– June 7, 2020

“The choice before us is simple: a central bank that is highly restricted, and therefore effective and independent, or one that is dominated by short-run political concerns, and therefore incompetent and subservient.” ~ Alexander Salter

READ MORE
Will Social Security Go Bankrupt?

Will Social Security Go Bankrupt?

– June 6, 2020

“Where are we now? Is Social Security going bankrupt? Not literally, since bankruptcy law does not apply to government agencies or programs. But it is unquestionably true that Social Security is headed for a fiscal calamity.” ~ Warren Gibson

READ MORE
The Recovery Has Begun

The Recovery Has Begun, Ahead of Schedule

– June 5, 2020

“Taken together, the most recent jobs report suggests we could see output recover to 90% or more by the end of August. That’s great news. But a complete recovery might take much longer than that.” ~ William J. Luther

READ MORE
LockDowns Shattered the Structure of Production

How LockDowns Shattered the Structure of Production

– June 3, 2020

“Fully lifting government restrictions and restraints will see people, once again, willingly demanding all the goods they want when they are at liberty to freely work and earn, to supply and demand, once more.” ~ Richard M. Ebeling

READ MORE
Japan’s Three Decades of Depressive Stimulus Schemes

Japan’s Three Decades of Depressive Stimulus Schemes

– June 3, 2020

“The U.S. and Japan are old welfare states that can’t afford what they’re doing; nonetheless, their politicians can’t seem to succeed electorally without persisting in their profligacy. Japan’s history signals the likely outcome for copycats: prolonged stagnation.” Richard M. Salsman

READ MORE

What We Can Learn from Other Bear Markets Since the Late Sixties

– June 2, 2020

“The fiscal spigot of government largesse is more arbitrary; it will require a deeper understanding of corporate value to separate the wheat from the chaff. Sadly, markets will be no freer but they may, at least, be untethered from the coattails of the Fed.” ~ Colin Lloyd

READ MORE
You Can Stop Rio Tinto Mining

You Can Stop Rio Tinto Mining…By Paying For It!

– May 30, 2020

“To prevent a mining company from using land sacred to someone else, there exists a payment of money such that the conflict can be resolved. You just have to find it, negotiate it, raise the money – and pay. In the age of vast crowdsourcing and rapid information, that shouldn’t be much of a problem.” ~ Joakim Book

READ MORE
As Trust Withers, So Will Humanity’s Progress

As Trust Withers, So Will Humanity’s Progress

– May 30, 2020

“Government is tearing asunder a network of human relationships, a network of exchange fueled by love and trust. For the sake of humanity, by our choices, we must put it back together by our uncoerced and mutual regard for people.” ~ Barry Brownstein

READ MORE

Dear Nail-Biting Lockdown Lovers: Capitalism Makes Your Choice Possible

– May 28, 2020

“All you nail-biting lockdown lovers can’t have it both ways. You can’t demand strict sheltering-in-place while also lamenting soaring billionaire net worth; that is, unless you think you could have easily quarantined in 2000. In which case you’re not just self-righteous, you’re also dishonest.” ~ John Tamny

READ MORE