Tag Archive: Featured

July 2026 Monthly

2026-06-27

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2026-06-27

Markets enter July with a ceasefire that nobody quite trusts. The 60-day de-escalation between Washington and Tehran has done its job on paper, traffic in the Strait of Hormuz has increased markedly. Oil has responded accordingly, with August WTI down more than 30% from its May18 peak of over $100 a barrel. It reached around … Continue reading...

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Politics as Power: Elites, Inflation, and the Austrian Answer

2026-06-27

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2026-06-27

Mark Thornton argues modern politics is a power struggle run by elites—and that Austrian economics explains both the rigged system and the way out.

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Why Bernie Sanders’s AI Bill Is Fascistic and Dangerous

2026-06-27

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2026-06-27

Comparing Sanders to fascism may seem unusual, but it should not be forgotten that the main leaders of Italian fascism, including Mussolini, were initially socialists before they became fascists.

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US Taxation Is Fueled by Quiet Envy

2026-06-27

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2026-06-27

Forget equity and fairness and reducing so-called wealth gaps. The current “tax-the-rich” movement is driven by an unspoken pathology: envy.

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Stock Market Pullback Is Healthier Than It Looks

2026-06-27

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2026-06-27

🔎 At a Glance 🏛️ Market Brief - A Tech-Only Selloff The headline looks ugly until you turn it over. The S&P 500 finished the week at 7,306, down 2.4% from the prior Friday, while the Nasdaq 100 dropped a hard 4.6% as the megacap technology names that have carried this market all year finally … Continue reading...

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Greenspan: The Great Opportunist

2026-06-26

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2026-06-26

While the pundits are insisting that the late Alan Greenspan was a committed free market adherent, his actions throughout his career spoke differently. In today’s Friday Philosophy, Dr. David Gordon exposes Greenspan for what he was: an opportunist.

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Greenspan: The Great Opportunist

2026-06-26

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2026-06-26

While the pundits are insisting that the late Alan Greenspan was a committed free market adherent, his actions throughout his career spoke differently. In today’s Friday Philosophy, Dr. David Gordon exposes Greenspan for what he was: an opportunist.

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The Myth of Nationalist Victory: The Articles of Confederation and the Bank of North America

2026-06-26

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2026-06-26

Were stronger central government under the Articles of Confederation and a central bank really necessary to win the American Revolution, as conservative nationalists of the era claimed?

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Beware Tariffs! US-China Trade War is the Biggest Risk Now

2026-06-26

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2026-06-26

The Fed's real mandate is financing government debt and protecting banks. Everything else is propaganda.

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The French Revolution and the War in the Vendée

2026-06-26

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2026-06-26

Ryan McMaken looks at the little known (in America) secessionist war for self-determination fought by French counterrevolutionaries against the French Jacobins and radicals. The Marxist narrative about this conflict endures, but the separatists were right.

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On Little Bighorn Anniversary, Remember Custer’s Crimes

2026-06-26

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2026-06-26

The famed "Custer's Last Stand" at the hands of Native Americans defending their villages is a reminder of the brutality of the US war against the Plains Indians. History tells us that the "heroic" George Armstrong Custer was really the "reckless" Custer who died underestimating his foe.

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Oil Resumes Decline, Tech Shares Extend Slump, Greenback Trades Heavier

2026-06-26

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2026-06-26

There have been two key developments this week and they are both evident today. The first is the continued pullback in oil prices. August WTI is off almost 9% this week, after dropping as much last week and 5.25% the week before. It is near $69 compared with slightly below $66 before the war began. …

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The Myth of Nationalist Victory: The Articles of Confederation and the Bank of North America

2026-06-26

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2026-06-26

Were stronger central government under the Articles of Confederation and a central bank really necessary to win the American Revolution, as conservative nationalists of the era claimed?

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Friedman Was Right, Just Mostly Misquoted.

2026-06-26

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2026-06-26

Milton Friedman's famous one-liner that anchors half the inflation debates on financial television leaves out the part where the actual economics live. Once you put it back in, the doomist case gets a lot smaller. Per Bylund recently wrote a sharp piece for The Daily Economy arguing that CPI and GDP have become Goodhart's Law …

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Hantavirus: Market versus Government Disease Control

2026-06-26

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2026-06-26

Pandemics offer an alleged challenge to libertarians, as some argue that governments should have the power to order quarantines and impose vaccine requirements. It turns out that statism makes things worse—and that free markets offer the best solutions.

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Micron: The AI Memory Supercycle Rolls On

2026-06-26

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2026-06-26

Micron left little doubt that the supply-demand equation is grossly out of balance for AI memory chips, benefiting semiconductor companies. In its latest earnings report, Micron reported astronomical growth with revenue of $41.46 billion, up a stunning 346% year over year and 74% versus the prior quarter. Its adjusted EPS of $25.11 beat the $20.28 …

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Conclusion

2026-06-26

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2026-06-26

The Fed was a government-sanctioned cartel engineered by the Morgan, Rockefeller, and Kuhn, Loeb interests to enable coordinated inflation.

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Hantavirus: Market versus Government Disease Control

2026-06-26

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2026-06-26

Pandemics offer an alleged challenge to libertarians, as some argue that governments should have the power to order quarantines and impose vaccine requirements. It turns out that statism makes things worse—and that free markets offer the best solutions.

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The Final Phase: Coping with the Democratic Ascendancy

2026-06-26

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2026-06-26

With the Democrats ascendant under Wilson, the reformers repackage the Aldrich Plan as the ostensibly decentralized, government-supervised Federal Reserve—with Morgan-allied interests securing control.

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The Panic of 1907 and Mobilization for a Central Bank

2026-06-26

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2026-06-26

The Panic of 1907 becomes the catalyst. Rothbard traces the response.

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