Monthly Archive: May 2023
The Ukraine War Isn’t about Democracy. It’s about States Seeking More Power.
The fight between Russia and NATO is not about "democracy versus authoritarianism." Rather both the US and Russian states are doubling down because they are doing what states do: seeking power.
Original Article: "The Ukraine War Isn't about Democracy. It's about States Seeking More Power."
Read More »
Read More »
Progressives Want to Eliminate Wealthy Entrepreneurs but Need the Wealth They Create
Being perceived as anti–working class is a cardinal sin in American politics. Working-class people are seen as the unappreciated engine of American growth. Hillary Clinton discovered this lesson when she was criticized for calling Donald Trump supporters a “basket of deplorables.” But interestingly, expressing contempt for the upper class is quite tolerable.
Rich people are frequently ridiculed by comedians and depicted as snobs in popular culture....
Read More »
Read More »
“Bank walk”: The first domino to fall?
In early May, Reuters published a report that truly captured my attention. “European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up to hold on to deposits some feel they can currently live without,” the article reported. Over in the US, we see a very similar picture. As the FT also recently reported, “big US financial groups Charles Schwab, State Street and M&T suffered almost $60bn in...
Read More »
Read More »
Trump, Dominion, and the Weaponization of Defamation
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop talk about recent court cases involving defamation claims, justifying libertarian skepticism of the entire concept. As Ryan noted in a recent Wire article, the Dominion lawsuit in particular, is a particularly chilling case for free speech, with a taxpayer-funded company effectively silencing public critics. This, along with the recent Trump verdict, are an illustration of the...
Read More »
Read More »
Sterling is Not Immune to Greenback Gains ahead of the BOE
Overview: The US dollar has come back bid today. It
is rising by 0.25%-0.50% against all the G10 currencies. The Canadian dollar is
the most resilient today, which is often the case when the greenback is firm. The
Australian dollar is off the most after reaching its strongest level since late
February yesterday. Sterling is a middling performer today ahead of the
anticipated Bank of England rate hike. The dollar is also firmer against most
emerging...
Read More »
Read More »
Maximizing Tax Benefits with Life Insurance for Small Business Owners
As a small business owner, there are numerous benefits to taking advantage of the tax incentives associated with life insurance. It can provide you and your loved ones financial security and help you maximize profits for your business in the long run. This article will explain the basics of life insurance for small business …
Read More »
Read More »
Government Budget Deficits Cannot Stimulate True Economic Growth
A central tenet of Keynesian economics is that governments must run budget deficits to stimulate economic growth. But government spending actually shrinks the economy.
Original Article: "Government Budget Deficits Cannot Stimulate True Economic Growth"
Read More »
Read More »
Rothbard’s Button Doesn’t Exist, but It Needs to Be Invented
With totalitarianism accelerating on a global scale and having kicked off in earnest with government attacks on their own populations during the still-running ruse of the covid vaccine, the state as a necessary feature of civilization stands before us shamelessly as a blood-dripping monster.
And acting as tyranny’s bulldog is the state’s handmaiden and echo chamber, the legacy media.
Are future generations destined to live in an Orwellian...
Read More »
Read More »
NATO’s Great New Idea: “Let’s Start a War with China!”
ATO’s post–Cold War history is that of an organization far past its “sell-by” date. Desperate for a mission after the end of the Warsaw Pact, NATO in the late 1990s decided that it would become the muscle behind the militarization of “human rights” under the Clinton Administration.
Gone was the “threat of global communism” which was used to justify NATO’s 40-year run, so NATO re-imagined itself as a band of armed Atlanticist superheroes. Wherever...
Read More »
Read More »
Canada’s Legal Counterfeiting Ring Is a Product of Progressive Democracy
Canada created its central bank during the Great Depression, ostensibly to stabilize the currency and protect the banking system. Today, that system is falling apart, thanks to inflationary central bank policies.
Original Article: "Canada’s Legal Counterfeiting Ring Is a Product of Progressive Democracy"
Read More »
Read More »
Is There an Optimum Growth Rate of Money?
It is widely held that a growing economy requires a growing money stock because economic growth increases demand for money. Many economists also believe that failing to accommodate the increase in the demand for money leads to a decline in consumer prices. This could destabilize the economy and produce an economic recession or even a depression.
Some economists who follow Milton Friedman—also known as monetarists—want the central bank to target the...
Read More »
Read More »
Narrow Ranges in FX: Calm before the Storm?
Overview: Equity markets are mostly weaker, and
benchmark 10-year yields are a little softer. The foreign exchange market is subdued
ahead of today’s US CPI. The large bourses in Asia Pacific region with the
exception of India worked lower and Europe’s Stoxx 600 is off for the second consecutive
session. US futures have a heavier bias. Yesterday the US bank share indices
filled the gap created at the end of last week but recovered. Today’s price...
Read More »
Read More »
Frankfurt University Forms Master in Blockchain & Digital Assets
Frankfurt School of Finance Center and its Blockchain center designed a new four semester long post-experience master program (MSc) last year. The Frankfurt School’s goal is to provide the expert knowledge necessary to students looking to shape and lead blockchain innovation around the globe and in all industries.
Technical and economical understanding on the topics of blockchain, digital assets (including Bitcoin and Ethereum), DeFi, Web3,...
Read More »
Read More »
Are Libertarians Abandoning Free Trade?
A bedrock of Austrian economics and libertarianism has been free trade. Unfortunately, some people who claim to value liberty no longer value unhampered exchange.
Original Article: "Are Libertarians Abandoning Free Trade?"
Read More »
Read More »
Socialism, Minority Groups, and Personal Liberties
Socialists have managed to acquire the loyalty of a coalition of disparate groups by championing the principle of personal liberty. Especially in the United States, many women, disabled, gay people, transgender people, racial and ethnic minorities, and immigrants are among the proud supporters of the socialist cause, foolishly believing that capitalism or the free market is antithetical to their livelihood or lifestyles.
They could not be more...
Read More »
Read More »
The Ruling Classes Are Inflation Deniers and the Ship of Fools Sails On
Even after two years of "transitory" inflation, America's ruling classes insist that prices are falling and that all of this is temporary. We don't believe them.
Original Article: "The Ruling Classes Are Inflation Deniers and the Ship of Fools Sails On"
Read More »
Read More »
The New Immigration Bill Is a Trojan Horse for E-Verify and Is a Threat to All Americans
Members of the U.S. House of Representatives are set to vote this week on new legislation that would greatly increase the federal government's power over private businesses, workers, and US citizens. Unfortunately, much of the GOP majority is supportive of the legislation—the “Border Security and Enforcement Act of 2023” (HR 2640)—because it is being marketed as a bill "to secure the border."
Much of the bill contains reasonable...
Read More »
Read More »
Comprehensive Reform versus Piecemeal Reform
In the previous two articles in this three-part series on bipartisan comprehensive political reform, we dealt with the excuses for extortion and evasion such claims for reform provide and with the fact that such claims often lead to more comprehensive ignorance being applied to social problems. Now, we turn to the question of comprehensive reform versus piecemeal reform.
When it comes to bipartisan comprehensive political reform, beyond its...
Read More »
Read More »
Did Tucker’s Last Major Guest Lead to His Firing?
Speculation is still swirling about why Tucker Carlson was cancelled by Fox News. The major mainstream outlets have credited his dismissal to a few leaked text messages and video footage revealing Carlson making “crude and offensive” comments off air. Some outlets pointed to the lawsuit brought against Fox and Carlson by Abby Grossberg. Still others claim that the Dominion Voting defamation suit was the impetus for the ouster. I have given a...
Read More »
Read More »
Consolidative Session Marked by Weak Chinese Imports and White House Debt Ceiling Talks
Overview: The market sentiment remains fragile.
Equities are mostly lower. Japan was a notable exception, and concerns about
China's economy after a sharp decline in imports took mainland and Hong Kong
listed companies sharply lower. Europe's Stoxx 600 is giving back yesterday's
0.35% gain plus more. Bank shares are off 0.65% after rallying 4.20% over the
past two sessions. US equity futures are heavier. Benchmark 10-year yields are
mostly a couple...
Read More »
Read More »






