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The Political Alchemy Called Modern Monetary Theory
The new kid on the economics block is something called modern monetary theory. The name is new, but the "theory" is not.
Proponents adamantly claim that it is both new and a theory of economics. To make it appear this...
The Fed Is Bailing Out the Wealthy as Everyone Else Pays the Price
The Federal Reserve says that inequality is a problem. At the same, the Fed also pretends to have nothing to do with it.
Last September, for instance, Jerome Powell bemoaned the "relative stagnation of income" for people...
Covid Lockdowns Signal the Rise of Public Policy by Ransom
Public commentator Amanda Marcotte is “incandescent with rage”—her words—with those who refuse to be vaccinated against covid-19. ((1)) She wants to get back to her spin class, and the unvaccinated are ruining it for...
From Diseases to Recessions, Government Failure Is Endemic
Massive government intervention in the aftermath of the global financial crisis has not prevented the Great Recession, but had actually deepened and prolonged it until the covid-19 pandemic and government lockdowns sent the economy...
Why “Natural Immunity” Is a Political Problem for the Regime
Since 2020, public health technocrats and their allies among elected officials have clung to the position that absolutely every person who can possibly get a covid vaccine should get one.
Both the Mayo Clinic website and the Centers for...
The Public Health Officials Say “Trust Us.” The Data Says Otherwise.
I hate to be the bearer of bad news, Ben Shapiro, but feelings trump facts when it comes to covid-19. This is thanks entirely to the love triangle forged between the corporate press, government...
Vaccinate for Global Democracy? The US Empire Turns Therapeutic
After twenty years of failure in Afghanistan, the US government is embarking upon yet another unwinnable war. This time around, however, the military-industrial-congressional complex isn’t pulling the strings.
In a Washington Post editorial published shortly before the United Nations General Assembly’s global...
China’s Financial Bubbles Remind Us of Scams like Britain’s South Sea Bubble
Following the Treaty of Utrecht, which concluded the War of the Spanish Succession, both England and France found themselves hopelessly mired in public debt. Both, it turned out, hit upon a similar solution for...
Military Conscription Is a Tool for Centralization, State Building, and Despotism
The US Senate continues to debate legislation potentially adding women to the military draft in the United States. This week, for instance, Senator Josh Hawley attempted to remove from the 2021 National Defense Authorization Act provisions...
How Nigeria’s Central Bank Inflates the Money Supply
In April 2021 the governor of Edo State, Godwin Obaseki, said that the federal government printed an additional NGN 60 billion (60 billion naira) to be shared between all the states at the Federation Account...