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All We Like Sheep A classic by Joseph Sobran fitzgerald griffin foundation Once upon a time, my father bought Time magazine every week, as I do now. He paid 20 cents per issue; I’m paying $3.95. In my teens I bought paperback editions of Shakespeare’ …
READ MOREThere’s long been debate on the role of an elastic money supply in achieving monetary equilibrium in a free market. Namely, should the money supply follow a 100-percent reserve requirement on banks or should banks be allowed to make use of fractional r …
READ MOREWhy gold isn’t money, steak isn’t food, and you’re not really reading this… File this one under “you’ve got to be pulling on my leg:” an unsigned editorial at Nasdaq.com makes the utterly risible claims that “gold has no value except as an investment …
READ MORETo follow the development of the Euro crisis it sometimes feels like watching a slow motion movie where we know the final result, but we don’t know how is it going to be played out. News and uncertainty, again, about the future of the Euro and a potent …
READ MOREby Thorsten Polleit I. The ongoing financial and economic crisis has not only stoked fears that it will end ininflation — as central banks will print up ever-greater amounts of money — but it has also given rise to a diametrically opposed concern: name …
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The cost to America’s economy, by destroying savings and price signals, is too great; the power of the Fed must be rolled back, then eliminated.
READ MOREWorld leaders probably spent more time worrying about the eurozone crisis than anything else in 2011. And that was in the year that featured the Arab Spring, the Japanese tsunami and the death of Osama Bin Laden. What’s more, 2012 looks set to be not m …
READ MOREThe election of Spain’s new President of Government, Mariano Rajoy, has produced quite a few expectations. His plan seems to go against the tide on some focal points regarding the problems of the European Crisis. Rajoy’s government has been described a …
READ MOREBombastic European Speaker Nigel Farage MEP, UKIP, Co-President of the EFD Group in the European Parliament (Europe of Freedom and Democracy) shows American representatives how it should be done. He attacks the failed currency union, unelected bureauc …
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Observations on the Discussions Concerning Free Banking [This article is excerpted from chapter 17 of Human Action: The Scholar’s Edition and is read by Jeff Riggenbach]
READ MOREA while back there was a story in the Wall Street Journal (“America’s Debt Cutting Hampers Growth,” Oct. 22) about deleveraging in the U.S. economy. American households, burned by the recession, have a new-found frugality and are reducing their overall …
READ MOREStrange and amazing things happen when sovereign debt levels get out of hand. In Europe, the strikes, massive street protests, and riots build energy by the day. The US is not quite at that stage of affairs yet, but large deficits and debt still loom l …
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