In his Gettysburg Address, Lincoln reminded Americans that they were uniquely privileged to have a new birth of freedom that was contingent on “government of the people, by the people, and for the people.” That was then. What about now? Every week brings new revelations and details about a cabal in the federal government whose actions border on both sedition and conspiracy. The evidence suggests that specific high level officials in the Justice Department and the FBI colluded to violate the law in unprecedented ways for the singular purpose of subverting the will of the people both before and after the 2016 election. Read More ›
If there is one thing about which most economists understand and agree it's the law of supply and demand. A derivative of that law is that demand and velocity of transactions tend to diminish as costs increase. While few individuals disagree about this, many in the collective body of economists have become so politicized that when it comes to the cost of variables such as taxes and regulations, that consensus all but vanishes. Read More ›
The results of first two presidential primaries in Iowa and NH — in which Donald Trump, Hillary Clinton, and Bernie Sanders lead their respective parties — should be cause for unease. Will we get "the government we deserve" rather than one we desperately need?
Read More ›
Gilder argues that fluctuating currency values--as opposed to the gold standard--are a "relic, totally unfit for the modern world, rendered indefensible by cutting edge information theory, a major source of political and economic corruption, and one of our most significant barriers to progress."
Read More ›
Speaking at a session of the Hillsdale College lecture series Money: History and Controversies, Discovery Institute Senior Fellow dissected "The Problem of Crony Capitalism Today," discussing how the rise of the regulatory state has brought about an increasingly cozy relationship between Washington and big business.
Read More ›