Wage Stagflation: The Government’s All-Out War on the Middle Class The government hates you and your neighbors, Thomas Eddlem argues in his latest article. "And this measly 10% increase in gross pre-tax pay over the past five decades happened during a time the workforce became much Undisciplined Oct 2, 2024, 10:30 PM
Progress from Poverty David Gordon reviews How Nations Escape Poverty: Vietnam, Poland, and the Origins of Prosperity by Rainer Zitelmann "After the Indochina War, Vietnam was one of the poorest countries in the world, but dramatic free-market reforms have made this formerly socialist country prosperous." originally posted Undisciplined Oct 2, 2024, 8:37 PM
Understanding the Action Axiom: How It Shapes the Structure of Society By Allen Gindler "Central to the paradigm of Austrian economics is the action axiom. People act, and they act purposefully. That knowledge alone permits us to construct an entire set of theories that explains economic life." originally Undisciplined Oct 2, 2024, 7:59 PM
America Doesn't Need More "Efficient" Government By Connor O’Keeffe "If the true aim of our political system is not to solve the problems facing Americans but to transfer wealth to the government and politically-connected, the government is already very efficient." originally posted Undisciplined Oct 2, 2024, 7:02 PM
Bitcoin, Metals, and Monetary Premiums From Matthew Kratter's Bitcoin University Video Description In this video, I discuss why platinum has never replaced gold as money, as well as why new cryptos have never replaced Bitcoin. I also discuss how stock to flow is related to an asset' Undisciplined Oct 2, 2024, 6:00 PM
The Present Monetary System Is Heading for a Breakdown By Frank Shostak As monetary authorities continue to inflate the money supply, they inflict more and more damage upon the currency. Unfortunately, the “solution” always is to ramp up inflation. originally posted at… Undisciplined Oct 1, 2024, 10:45 PM
Enemies of Private Property Snitch on Small Businesses for "Price Gouging" By Ryan McMaken The conservative activists who tell us to turn in local business owners for “price gouging,” are on the same moral plane as the Soviet anti-capitalist snitches of old. originally posted at… Undisciplined Oct 1, 2024, 10:24 PM
“I Have Bills to Pay,” Or Why the Fed Really Cut Interest Rates By Jane L. Johnson "What if we could have eavesdropped on a conversation between Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen? It might have gone as follows...." originally posted at… Undisciplined Oct 1, 2024, 10:13 PM