#71 The Student Debt Bubble
There is a growing chorus in America, especially among the youth, for an outright cancellation of outstanding student loan debts and a total subsidization of all secondary education at the federal level. After all, costs…
There is a growing chorus in America, especially among the youth, for an outright cancellation of outstanding student loan debts and a total subsidization of all secondary education at the federal level. After all, costs…
In a continuation of our panic series today we will cover the Panic of 1837, but to do so requires rewinding clock back to the aftermath of the Panic of 1819. Again, I will draw…
The nature of government monopolies and price inflation through monetary expansion means that on a year over year basis the cost of goods and services goes up. This is a fairly baseline understanding, regardless of…
A complaint you will often hear from the commons is that the “rich don’t pay their fair share”, but what does this actually mean? These people, generally speaking, are advocating for a world where less…
From 1961 to 1968 Western Banks corroborated in what was known as the London gold pool. Essentially The United States and a handful of European nations pooled their gold resources into the London gold exchange…
As we continue to work our way back in time, understanding the nature of banking and its historical changes grows more complex. For a deep dive, I suggest Murray Rothbard’s A History of Money and…
Economics is not zero sum. However, there are certain push and pull effects in global economies which are driven by government policy making. Here are some interesting data points. Now its no secret that the…
Natural rights, as a concept, seems to be lost in the modern political lexicon. Natural rights are differentiated from legal rights, in that they are not dependent upon the basis of a legal system. More…
What is money? Why do we use it? When faced with the reality of today and our struggles with money, idealists often ask “If money is the ‘root of all evil’, why not just go…
Fiat money and overbearing legislation (which also creates legal monopolies) has overwhelming crushed entrepreneurship in the west. Browse through some of the data presented below to get a picture of the landscape. Not only does…