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When LBJ Assaulted a Fed Chairman

August 1, 2018

When LBJ Assaulted a Fed Chairman In his column today, Ron Paul mentions that those who insist the Fed functions with “independence” tend to forget — or at least not bring up — the numerous historical episodes in which the Fed did not exercise any such independence. As an example, Paul mentions the time President Lyndon […]

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Three Economics Lessons I Learned from My Dad

July 26, 2018

Three Economics Lessons I Learned from My Dad As long as I’ve known him, my father has always been the entrepreneurial type. Even now, in his seventies, he picks up side jobs both to keep busy and to have a little extra spending money. Throughout my childhood and youth, he had always been an independent […]

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In a Stateless World, Can You Grow Veggies In Your Front Yard?

December 14, 2017

In a Stateless World, Can You Grow Veggies In Your Front Yard? The Miami Herald reports that a local couple is going all the way to the state supreme court to fight a local ordinance banning front-yard vegetable gardens:  Hermine Ricketts and her husband Tom Carroll may grow fruit trees and flowers in the front yard […]

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Europe’s Secession Problems Aren’t Going Away

October 20, 2017

Europe’s Secession Problems Aren’t Going Away Earlier this week, The New York Times noted that movements for greater local autonomy appear to be spreading throughout Europe. In some ways, the conflict in Catalonia is just the tip of the iceberg. The Times reports: Coming on the heels of the Catalan vote, the Lombardy and Veneto […]

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In a Cashless World, You’d Better Pray the Power Never Goes Out

October 11, 2017

In a Cashless World, You’d Better Pray the Power Never Goes Out When Hurricane Maria knocked out power in Puerto Rico, residents there realized they were going to need physical cash — and a lot of it. Bloomberg reported yesterday that the Fed was forced to fly a planeload of cash to the Island to help avert disaster: […]

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The Neoconservatives Have Declared War on the Realists

September 15, 2017

The Neoconservatives Have Declared War on the Realists In recent years, I’ve increasingly suspected that when it comes to foreign policy, the realists offer some of the most sane observations. These suspicions were confirmed earlier this year when after the election of Donald Trump, John Mearsheimer, one of modern realism’s current standard bearers, wrote in […]

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Before “Fake News,” America Invented “Pseudo Events”

August 16, 2017

Before “Fake News,” America Invented “Pseudo Events” In the wake of the Chalottesville riot, it’s been interesting how quickly the focus has shifted away from the actual events in Charlottesville and toward the public pundits and intellectuals are expressing opinions about the events. Already, the media has lost interest in analyzing the details of the event […]

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Stockman to Trump: It’s the Economy, Stupid

February 9, 2017

Stockman to Trump: It’s the Economy, Stupid In a recent appearance on CNN, David Stockman suggested that Trump might best spend some time actually addressing economic issues instead of the administration’s travel ban for immigrants from Middle Eastern countries, which Stockman called “a giant misfire.” Pointing out that Americans are far, far more likely to be struck […]

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