By: Mitch Nemeth During the early onset of covid-19 in the spring, government officials across the political spectrum widely agreed that government intervention and forced closure of many businesses was necessary to protect public health. This approach has clearly failed in the United States as it led to widespread economic devastation, including millions of jobs […]
Austrian Economics
Is Modern Monetary Theory Pathological Mendacity?
By: Andrew Moran The anointed — from academic institutions to the corridors of power — have terrorized the public with experts who spin narratives and sell hopes and dreams to institute a leftist utopia. But while the militant progressives have fallen short of installing a regime comprising Antifa boy scouts and Senator Bernie Sanders (I-VT) […]
WATCH: Milton Friedman’s ‘Free to Choose’ destroyed socialism
Legendary economist Milton Friedman’s “Free to Choose” book and docuseries are some of the most influential workers in the field’s history. Although Austrians would disagree with Friedman on monetary policy, the rest of the book is incredible. (Friedman later denounced the Federal Reserve toward the end of his life.) ReasonTV is out with a new […]
The war on savers has only just begun
By: Andrew Moran Is it a punishment to be a saver in today’s economy? A buck buys a nickel’s worth, your bank pays you pennies on the dollar for your deposits, and the only way to beat inflation is to dive into the stock market. This is not normal. For more than a decade, the central banking cabal […]
Not The Babylon Bee – Federal Reserve says it wants to avoid asset bubbles
By: Andrew Moran The Federal Reserve has recently remodeled the Eccles Building into a comedy club, turning guidance into satire and monetary policy into a joke. Did the U.S. central bank consult with the geniuses behind the satirical website The Babylon Bee? Senior officials at the world’s most powerful institution are now debating implementing tougher regulations to […]