Recent Articles

Defining Liberty

The level of governmental dominance now exists to such a degree that literally everyone is a criminal, whether they know it or not.

David Stockman on Why Money Printing Doesn’t Generate Economic Growth

Fed stimulus policy and US productivity growth are inversely correlated, and dramatically so.

Save, Invest, Speculate, Trade or Gamble?

For some time, I’ve been saying that the economy is in the “eye of the storm” and that when it emerged, the weather would be far rougher than in 2008.

“The Bank Was Saved, and the People Were Ruined.”

The quote is from William Gouge, commenting on the Panic of 1819. The panic had been caused when the First Bank of the United States had first expanded the money supply dramatically…