The Great Social Security Ponzi Scheme
On this episode of Power and Market, Patrick Newman joins Ryan and Tho for a discussion on Social Security, generational economic tensions, and the latest inflation numbers (spoiler: they're bad.)
On this episode of Power and Market, Patrick Newman joins Ryan and Tho for a discussion on Social Security, generational economic tensions, and the latest inflation numbers (spoiler: they're bad.)
Although not altogether “Austrian,” Leggett nevertheless anticipated several insights associated with Austrian economics and especially monetary theory.
The intellectuals did not merely support the war. They had been waiting for it.
World War I did not interrupt the American corporate state. It built it.
According to Milton Friedman, the Great Depression happened because the Federal Reserve followed a “tight” monetary policy. The truth is that the Fed's loose monetary policy during the 1920s created the conditions for a crash and subsequent depression.
In this week’s Friday Philosophy, Dr. David Gordon takes issue with Steven B. Smith’s portrayal of Abraham Lincoln as a “statesman” who was “America’s greatest president.”
Contrary to propaganda from unions and the maritime industry, the Jones Act creates hardships and is helping to drag down the US economy. The only proper outcome is to repeal it immediately.
Contrary to propaganda from unions and the maritime industry, the Jones Act creates hardships and is helping to drag down the US economy. The only proper outcome is to repeal it immediately.
For more than a century, the Supreme Court has tried to interpret equality before the law in different and conflicting ways. While the law can divide people, it cannot be the source of bringing them together.