For many years, a handful of people have postulated that those who control industry, finance and governments are essentially the same people – a cabal of sorts that have, over generations, solidified their relationships in order to gain greater wealth and power, whilst systematically making things ever more difficult for the free market to exist. […]
Continue readingEditor’s Note: Walter Block is an Austrian economist, a libertarian thinker, and professor at Loyola University. He is the author of more than 600 articles in professional journals, two dozen books, and thousands of op-eds (including the New York Times, the Wall Street Journal, and numerous others). He is a long-time friend of Doug Casey and has known […]
Continue readingEditor’s Note: 2020 was an unprecedented year. A global pandemic and the subsequent hysteria unleashed a tidal wave of government restrictions, limits on individual freedoms, and economic destruction. In 2021, the US will have a new president, the impacts of government response to COVID will become apparent, and the money printing will accelerate. Below, International […]
Continue readingDuring the Obama administration, comedian Bill Maher attempted to take advantage of the ever-expanding trend of political correctness by referring derisively to the possibility of taking the view of “some white guy.” Of course, as a proclaimed liberal, his aim was to say to other liberals, “Liberals are slamming those who are Caucasian, and I […]
Continue readingEditor’s Note: In the setting of COVID-19, almost every country in the world closed its borders, locked down its citizens, and forced businesses to close. Today, most governments still restrict travel, economic activity, and social gatherings. The justification for these unprecedented measures has been a growing number of COVID-19 cases. This has unleashed an epidemic […]
Continue readingInternational Man: In the past decade, the Fed’s money printing has created bubbles in stocks, bonds, real estate, and other many areas. It’s likely that the stimulus and money printing will not only continue but accelerate at breathtaking speeds in 2021. What do you think the prospects are for what the great Austrian economist Ludwig […]
Continue readingThere’s a well-known old fable that describes a frog being boiled alive. It states that if a frog is dropped in boiling water, it will hop out. But if it’s placed in lukewarm water, it will be comfortable. Then, if the heat is turned up slowly, it will not perceive the danger and will be […]
Continue readingJanet Yellen is back. Naturally, the follies of Keynesian central banking come to mind. In many ways, Yellen’s tenure as Fed chairman was far worse than Ben Bernanke’s. At least Bernanke’s money-printing madness was undergirded by his credentials as a misguided scholar of the Great Depression and the mistaken conclusion that the Wall Street meltdown […]
Continue readingThere’s an investment legend that, in 1929, Joseph Kennedy (father of the late US President), living in New York City, stopped on the street to get his shoes shined. At that time, shoeshine boys were ubiquitous in the business district of New York. The shoeshine boy offered Joe some stock tips. Joe decided that, when […]
Continue readingThe biggest threat to your personal freedom and financial security is the government, hands down. Today, skyrocketing government debt is only making that threat worse. In the US, the bill amounts to more than $220,130 per taxpayer. At some point soon—in a desperate attempt to squeeze citizens for every penny—politicians will try to further restrict […]
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