Why Not Let Banks Fail?
By: Jacob Hornberger Imagine that for the last 100 years, the federal government’s policy was to bail out every business that was in danger of going under. The policy would consist ...
Read more.Unsustainable: Record Spending Can’t Go On Forever
By: Mike Maharrey The biggest government in history is effectively running on credit cards. The U.S .government ran a $1.38 trillion budget deficit in fiscal 2022 despite government receipts at near-record ...
Read more.The Founders Predicted our Economic Crisis
By: Michael Boldin Did Thomas Jefferson call the economic crisis? “Every thing predicted by the enemies of banks, in the beginning, is now coming to pass. we are to be ruined ...
Read more.How the Supreme Court Rewrote the Constitution Part V: Killing Economic Freedom
By: Rob Natelson The first, second, third, and fourth installments in this series described how the Constitution established a relatively small federal government with limited powers and how President Franklin D. Roosevelt’s New Deal challenged that ...
Read more.Partisan Hackery Blinds People to the Real Problem
Federal Reserve Chairman Jerome Powell recently went to Capitol Hill and testified before a House committee. The questions asked by Republicans and Democrats along with their accompanying spin once again ...
Read more.Stimulus 3.0: Who’s Getting Paid and Who’s Paying Up?
By: Mike Maharrey On Wednesday, the U.S. House gave final approval to coronavirus stimulus bill 3.0. For those keeping score at home, that brings total stimulus spending approved during the pandemic ...
Read more.The Real Scandal of the Spending Bill
By: Ron Paul Last week Congress passed a massive coronavirus relief and omnibus spending bill. President Trump threatened to veto the bill, saying he wants an increase in the amount for ...
Read more.Government Help: Breaking Your Legs and Giving You a Wheelchair
By: Mike Maharrey Remember all of the government bailouts and stimulus in response to the 2008 financial crisis? Conservatives threw a fit. The Tea Party movement grew out of worry ...
Read more.Federal Reserve: Enemy of Liberty and Prosperity
By: Ron Paul Lost in the media’s obsession with the impeachment circus was Federal Reserve Chairman Jerome Powell’s recent testimony on the state of the economy before the Joint Economic ...
Read more.Are Recessions Inevitable?
by Ron Paul Stocks fell last week following news that the yield curve on Treasury notes had inverted. This means that a short-term Treasury note was paying higher interest rates ...
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