The FedMoney and Banking
A fall in prices is the manifestation of real wealth expansion. General price inflation, on the other hand, results from monetary pumping.
History is an easy subject to teach if you are intellectually lazy. It is the most challenging subject if you care about understanding causes and effects.
Labor and WagesValue and Exchange
There is only one way that leads to an improvement of the standard of living for the wage-earning masses: an increase in the amount of capital invested.
Legal SystemMedia and Culture
Over 100 million people in North America will soon live in places where recreational marijuana has been legalized.
The EntrepreneurLabor and Wages
Countries with the highest levels of robotization have the lowest unemployment rates.
Bureaucracy and RegulationLegal System
Oddly, some libertarians argue that decriminalization is better than outright legalization. They're wrong.
Wealth stems not from spending, but from production. Declines in production are be remedied by frugality, intelligence, activity, and freedom.
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Value and Exchange
Despite its great appeal because of its simplicity, the supply-demand graphic as employed by mainstream economics is a tool that is detached from the facts of reality.