#66 The Panic of 1857

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…

#64 The Right Side of Ethics

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…

#63 Why Money?

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…

#62 The Erosion of Entrepreneurship

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…

#61 The Panic of 1873

How good are your pattern recognition skills? If you remember our previous two posts covering the panics of 1907 and 1893 you would recall that a common theme presents itself. Periods of artificial monetary expansion,…

#60 The panic of 1893

In case you missed our fantastic interview with Mark Moss, check it out here. Today we have a new story with an all too familiar theme. A continuation of our look at the panics of…

#59 Stagnant Wages Means You Lose

Since someone took it upon themselves to sign me up for some sort of MMT “tokenomics” newsletter and I was forced to suffer through reading a dozen paragraphs of nonsense about the utility of value…

#58 A Bi-Partisan Deception

We’ve discussed previously how monetary expansion and deficit spending are a political mainstay. It’s actually quite frustrating to watch the dog and pony show that is the current American political theater in the midst of…

#57 CPI is a Lie

Inflation is a term which has been co-opted to purport certain narratives. Today, when we think about the word inflation, as any trained economist would tell you, we are referring to the Consumer Price Inflation…