Real Savings Are at the Heart of Lending
After climbing to 12.2 percent in April last year, the yearly growth rate of combined commercial bank real estate and consumer and business loans plunged to –2.6 percent in early March. For most…
After climbing to 12.2 percent in April last year, the yearly growth rate of combined commercial bank real estate and consumer and business loans plunged to –2.6 percent in early March. For most…
Do not believe government pronouncements that the economy is rebounding from very minimal damage caused by unprecedented covid-19-inspired closures of businesses. Government will use its favorite statistic of the health…
Last month, British black studies professor Kehinde Andrews argued that the British Empire was “far worse than the Nazis.” It was a controversial comparison to be sure, but it raises…
Few political movements can boast of success like the firearms movement in the United States. Often overlooked is how before the 1980s there was no concept of licensed, let alone…
For decades now, advocates for freedom and free markets have disagreed over whether or not political decentralization and local self-governance are important principles in themselves. Most recently, this debate flared…
Twenty twenty was an unpleasant year for so many reasons. It was a year of riots, unemployment, and the trend in overall rising mortality continued unabated. Homicides also increased. In…
Advocates of capitalism say: “CENTRAL PLANING DOESN’T WORK!” Also advocates of capitalism: “CORPORATIONS DO WORK!” Sensible socialist: “Uhhh … aren’t corporations all centrally planned?” This is a relatively new, and even…
Earlier this month, House Armed Services Committee chairman Adam Smith (D-WA) said it’s time to “cut our losses” on the F-35 Joint Strike Fighter, and added, “I want to stop throwing money…
The death of Ludwig von Mises has brought forth numerous essays on his contribution to economics. It is equally in order to discuss his work in the historical sciences, as…
If you were to browse the economics section of the majority of bookstores here in my home city, Dublin, you would find something of an odd phenomenon: these businesses which…