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China is About to Make a Huge Mistake: Make Xi Jinping Dictator for Life
Big political moves are afoot in the People’s Republic of China. A critical Politburo meeting is set to begin on November 8 but, as in Joseph Stalin’s time, it will effectively be a meeting...
The Long Cycles in Markets and Political Order
The best class I took in all my economics education was called “Cyclical Fluctuation,” taught by Dr. Susan Schroeder at USYD. It was a broad-scope class in the many heterodox ideas that economists have about what...
The Chinese Financial Sector: On the Brink of Death
The Evergrande soap opera is far from over. In addition to its terrible financial management, it is in a bubble market.
Panic spread again when developer Fantasia Holdings was unable to pay several of its...
The Biden Crackdown on Thought Crimes
The Biden administration is seeking to radically narrow the boundaries of respectable American political thought. The administration has repeatedly issued statements and reports that could automatically castigate citizens who distrust the federal government. We...
Resisting Tyranny Depends on the Courage to Not Conform
Social psychologist Roy Baumeister begins his book Evil: Inside Human Violence and Cruelty, with a proposition that will be counterintuitive to many: “Evil usually enters the world unrecognized by the people who open the door...
The Unfolding Tragedy In Turkey Underscores Preeminence of Currency Policy
In the 1950s the top federal tax rate on individual earners in the U.S. exceeded 90%. The number is eye-catching to say the least, but it’s also a bit misleading.
As low-tax advocates Brian Domitrovic...
Disrupting the Five Temples of Power
“What cryptocurrency threatens is the very existence of the nation-state, which will have to pivot quite radically in order to survive the coming onslaught from the blockchain. The resulting institutional framework might look entirely...
Fauci, Emails, and Some Alleged Science
From October 2-4, 2020, the American Institute for Economic Research hosted a small conference for scientists to discuss the Covid-19 lockdowns. Just four days later, Dr. Francis Collins, the retiring Director of the National...
A Different Perspective: How Threat-Free Are Americans from Covid-19?
At present, based on the most recent government data, only about three Americans in a thousand could conceivably transmit Covid-19 to someone. In other words, nearly 99.7 percent of people in the United States...
Corporate Profits Hit a Record High in the Third Quarter
U.S. corporate profits before tax and excluding adjustments for capital consumption and inventory valuation rose to a record-high $3,139.1 billion at a seasonally-adjusted annual rate in the third quarter, as shown in the National...