Monthly Archive: June 2025
Political Moralizing about the History of Slavery
Historically, slavery has always been held together by violence, including slavery in the US. However, the actual history of slavery here is much more complex than what modern academics want to admit.
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Review of Greatness and Ruin by Ricardo Duchesne
Western Civilization has brought great advances in culture and economics, yet no one is more relentless in trying to destroy this civilization than western intellectuals. Ricardo Duchesne lays it out in his book, Greatness and Ruin.
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Political Moralizing about the History of Slavery
Historically, slavery has always been held together by violence, including slavery in the US. However, the actual history of slavery here is much more complex than what modern academics want to admit.
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July 2025 Monthly
The second half of 2025 begins not with optimism, but with fatigue. The global economy is not collapsing, but it is clearly bending under strain—economic, geopolitical, and institutional. What is taking shape is not a soft landing, but something more sobering: a slower, structurally weaker cycle in a more dangerous and fragile world.Three developments define …
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WWIII – The Death Of Another Narrative
🔎 At a Glance 💬 Ask a Question Have a question about the markets, your portfolio, or a topic you'd like us to cover in a future newsletter? 📩 Email: [email protected]🐦 Follow & DM on X: @LanceRoberts📰 Subscribe on Substack: @LanceRoberts We read every message and may feature your question in next week’s issue! 📊 …
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The War They Promised Not to Start
They promised peace. What we got was another step toward global war and economic ruin. Mark Thornton isn’t buying the excuses.
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The “American Miracle” was the European Miracle on Steroids
America inherited the core institutional framework of Europe (especially Britain) but refined and amplified it through greater decentralization, lower taxation, and more expansive freedoms.
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Fumes of a Failed System: Bolivia’s Gasoline Crisis
Bolivians are finding out the hard way that socialist energy means price controls, and price controls mean fuel shortages and long gas station lines. Socialism excels in unkept promises and Bolivia is no exception to that rule.
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President Trump’s Interventionism
Regardless of your view of the current conflicts, one fact is indisputable. President Trump’s actions violate our traditional non-interventionist foreign policy.
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What the Modern Luddites Miss: Technology Makes Us Wealthier
Contrary to the expectation of the Luddites, we have only become wealthier than before and workers today enjoy much higher standards of living than workers in the past.
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Judge Nap on the coming police state
Napolitano: The argument is that less liberty produces more safety. That premise is historically and morally erroneous.
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Frank Meyer about Your Views
Although Frank Meyer Frank was a National Review colleague of William F. Buckley, who loathed Murray Rothbard, Frank admired Rothbard and the two men often agreed on the current state of affairs. That is how Dr. David Gordon remembers him in today‘s Friday Philosophy.
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Meyer Frank about Your Views
Although Meyer Frank was a National Review colleague of William F. Buckley, who loathed Murray Rothbard, Frank admired Rothbard and the two men often agreed on the current state of affairs. That is how Dr. David Gordon remembers him in today‘s Friday Philosophy.
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New York Socialists, Powell Attacks, and the 12 Days War
On this episode of Power and Market, the roundtable responds to Zohran Mamdani winning his primary in New York City, the rising MAGA attacks on the Fed, and the ceasefire in the Middle East.
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The Fed’s favorite inflation measure increased again
May PCE inflation rises to 2.3%. Remember when Powell predicted inflation would soon be back at 2 percent back in September?
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Dollar Stabilizes after Yesterday’s Shellacking but Finds Little Traction
The US dollar has steadied today after yesterday's shellacking that saw it fall to new multiyear lows against the euro and sterling and 10-year lows against the Swiss franc. The news stream is somewhat more supportive today, with trade deals said to be in the works, in addition to the confirmation/clarification of an agreement with China.
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Dollar Reversal: What It May Mean For Gold and Bonds
Yesterday's Commentary noted that the dollar is very oversold and likely due for a reversal. To wit: The dollar is deeply deviated from its longer-term mean, oversold on multiple levels, and has been basing since April. As noted last Friday, the incredibly negative bias and position against the dollar are excellent contrarian signals for a …
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The Fed’s “Transitory” Mistake Is Affecting Its Outlook
In 2023 and 2024, the Fed was under intense public and media scrutiny for calling the post-pandemic surge in inflation “transitory.” Critics argued that the Fed's failure to anticipate the persistence and severity of rising prices undermined its credibility. Yet, with the benefit of hindsight and historical context, the Fed's position wasn't entirely misguided. Inflation …
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Trump Considers Naming Next Fed Chair Early in Bid to Undermine Powell
Trump wants more inflation. Warsh, Hassett and Bessent are among those under consideration as Trump evaluates their commitment to cutting rates.
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