Rent Selling Countries are More Corrupt and Less Wealthy
“The real cronies are those who demand and supply interventionism. Despite their claims, they can’t get money out of politics, or reduce corruption, because they’re so eager to inject politics into money-making.” ~ Richard M. Salsman
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The Folly of Debt Cancellation
“Discharging foreign debt undermines financial institutions, distorts prices, redistributes resources, and impairs the integrity of all parties. It also risks becoming the default practice, as political choices undertaken under exigent circumstances all too frequently do.” ~ Peter C. Earle
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Adele Spitzeder, the Queen of Confidence Tricksters
“Adele Spitzeder (1832-1895) was active in Bavaria from 1869 to 1872. She founded and operated the Dachauer Bank, which may have been the first Ponzi scheme in history.” ~ Robert F. Mulligan
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The Possibilities Inspire: A Review of ‘Check Your Financial Privilege’
“Across the world, Gladstein’s investigative journalism shows how Bitcoin is a tool for individuals and communities to protect their wealth and promote their well-being in the face of repressive regimes. It is a sobering perspective” ~ David Waugh
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Learning Street Corner Economics in London
“An overseas experience affords plenty of ways to put the tools and principles of economics students have been taught to work, perhaps the best way to real mastery of ‘street-corner economics.’” ~ Gary M. Galles
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Justifying Liberalism in Singapore
“At the dawn of the fourth industrial revolution, the advocates of human liberty will need to contend with meritocratic technocracy if liberty is to be preserved. Singapore is at the frontline of that struggle.” ~ Todd Myers
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Washington Blob Wreaks Death and Destruction Abroad, Avoids Accountability and Responsibility at Home
“Washington policymakers need to put America—its people, territory, liberties, prosperity, and security—first. To retake its claimed role of global leader Washington paradoxically will have to relearn the value of humility.” ~ Doug Bandow
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Back in the USSR
“Beach Boy Mike Love said: ‘Back in the U.S.S.R.’ was a helluva song, and it’s lasted longer than the country.’ But, joking aside, Thies’s list is worth an hour of contemplation. The set of ten songs is a noble effort against tyranny.” ~ Daniel B. Klein
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Zero COVID Horror Show in Shanghai
“Under the classical liberal ideal, governments are formed to protect individual rights. Nothing could be further from this in Shanghai. A city of over 25 million people is being dehumanized because of a spike in largely asymptomatic COVID-19 cases.” ~ David Waugh
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A Note on the New Russian “Gold Standard”
“Despite the clamor of incorrect headlines, Russia’s embrace of gold amid awful circumstances remains a positive step. Gold is tangentially being utilized to make an existing money more sound.” ~ Peter C. Earle
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Economic Freedom Is the Way Forward
“There is nothing ‘simplistic’ about adopting the entrepreneurship-and-competition path as the way forward for the American economy. It not only requires a sophisticated understanding of problems, but also demands the courage to act.” ~ Samuel Gregg
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Why Not One China and One Taiwan?
“Beijing should learn from Moscow’s stalled blitzkrieg in Ukraine that invasion of another’s homeland and decapitation of a sitting government may not be easy, despite overwhelming advantages in terms of advanced weaponry and numbers of military personnel.” ~ Dean Peng & Christopher Lingle
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