North and South in Antiracist Revisionism
Modern “antiracist” historians have pursued the myth that the virtuous North engaged in warfare with the South in order to free slaves
US Bond Yields Rise as Reserve Currency Status Wanes
The Federal Reserve continues to be the not-so-silent partner to the government's reckless deficit spending scheme. While the Fed tries to force
Another Merit of Medieval Bolognese Canons
The Austrian School of Economics traces its roots to the School of Salamanca in Medieval times. The scholastics of Salamanca, in turn,
Lessons from Reconstruction
Using state power to enforce social orthodoxy is always a recipe for disaster. Radical Republican governments in the post-war South attempted to
Markets Made of Glass—How the Fed Destroyed Economic Resilience
For nearly 30 years, the Fed has pursued an easy-money policy that has made the economy increasingly dependent upon the next round
Does the Fed’s Lowering the Interest Rates Strengthen Economic Growth?
The Fed lowers interest rates ostensibly to “stimulate” the economy. But while the Fed claims it is strengthening the economy, it actually
A Brief History of Tariffs and Stock Market Crises
Tariffs don‘t just raise consumer prices. They also affect capital flows and, on numerous occasions, have triggered stock market crises. What tariffs