On Trade, Both Trump and Warren Get a Fail

When you care about freedom, there are a lot of areas where politicians of both sides are two sides of the same coin.

Source: On Trade, Both Trump and Warren Get a Fail

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Socialism Sucks: Two Economists Drink Their Way Through The Unfree World

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Mueller Helped Saudis Cover Up Involvement In 9/11 Attacks: Lawsuit

Servant of the ‘Deep State’

Source: Mueller Helped Saudis Cover Up Involvement In 9/11 Attacks: Lawsuit

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An Unprecedented Collapse of the Global Financial System 

Source: An Unprecedented Collapse of the Global Financial System – LewRockwell

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Ludwig von Mises’s Human Action: Marking 70 Years of Continuing Relevance 

September 2019 marks 70 years since the appearance of Ludwig von Mises’s Human Action: A Treatise on Economics, one of the truly great “classics” of modern economics. Too often a “classic” means a famous book considered to have made important contributions to some field of study and that is reverentially referred to but is unfortunately rarely ever read any-more. In economics, Adam Smith’s Wealth of Nations is a typical example of such a work. Every economist and a good number Continue Reading

Source: Ludwig von Mises’s Human Action: Marking 70 Years of Continuing Relevance – The Future of Freedom Foundation

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N.J.’s economic reality vs. Gov. Murphy’s rhetoric

Policy analyst and former Gov. Christie chief of staff says Murphy’s rose-colored view of the state’s economy isn’t exactly accurate

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NY Fed President John Williams says low inflation is ‘the problem of this era’

New York Fed President John Williams said in a speech Wednesday that sluggish inflation is one of the central bank’s most pressing issues

Source: NY Fed President John Williams says low inflation is ‘the problem of this era’

Low inflation is better than accelerating inflation.  But prices, in a free market economy, should be falling.  The Fed inflating is distorting prices.  It is the 1920s all over again.

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The Libertarian Difference 

How different are libertarians from liberals and conservatives? Quite different. In a response to my recent article, “Authoritarian Busybodies,” an astute reader writes: Liberals tend to think that libertarians are conservatives. Conservatives tend to think that libertarians are liberals. Libertarians tend to think that liberals and conservatives are equally authoritarians. I have heard something similar to this before, but never gave it much thought. I think that there is a lot of truth in it even if it cannot be taken as a general rule. For example, when libertarians talk about the free market, limited government, free trade, and fewer … Continue reading →

Source: The Libertarian Difference – LewRockwell

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EconomicPolicyJournal.com: Larry Summers Becomes An Economic Fascist

Source: EconomicPolicyJournal.com: Larry Summers Becomes An Economic Fascist

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Asset Backward

State pension funds keep increasing risky investments—as pension debt mounts.

Source: Asset Backward

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Study Discovers That If The Debt Machine Was Turned Off, The U.S. Would Immediately Plunge Into A Horrifying Depression

A new study has discovered that we are far more dependent on America’s great debt creation machine than most of us would have ever dared to imagine.  Today, debt is involved in most of our

Source: Study Discovers That If The Debt Machine Was Turned Off, The U.S. Would Immediately Plunge Into A Horrifying Depression

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QUESTION: It seems that as we get closer to a change-over of economic systems that as a society we are more willing to give up our rights to the State. Is that part of a pattern during these types of events? Was it seen as Britain, Rome, and other countries lost power after their peaks? DS ANSWER: Unfortunately, the trend first materializes when people need the government to protect them usually from an external force. The British used this tactic against both the French and the American colonists. That prompted Ben Franklin to comment on this trend. After the 3rd Century Monetary Crisis bottomed in the Roman Empire in 268 AD, there was a surge to build a wall around Rome by Emperor Aurelian following the same pattern. Aurelian saw the corruption that led to the debasement of the currency because those minting the coins were robbing the treasury. Aurelian moved to DRAIN THE SWAMP in Rome. When Aurelian returned to Rome in 271 AD after fighting off barbarians, he had to pacify a terrified city. He immediately halted the rioting and restored order to the capital. The controller of the mint in Rome began a rebellion over the monetary reforms laid out by Aurelian. He ordered that all the debased currency be purchased back and replaced with a new currency of higher content in silver. The rebellion was led by Felicissimus. It appears that those who had been running the mint were embezzling the intended silver and issuing the debased coinage at least in part on their own authority. Obviously, any reform to the monetary system that called for an increase in silver content would have been unprofitable for those running the mint for personal gain. In the rebellion, as many as 7,000 soldiers died when Aurelian was forced to trap and execute them and their allies, some of the senatorial rank, in a terrible battle on the Caelian Hills. Aurelian then constructed a wall around Rome — the first of its kind. Clearly, there was both a DRAINING OF THE SWAMP and a sense of security that people surrendered in the name of safety. The final phase comes when the suppression of liberty continues to become oppressive and therefore the people eventually wake up and see that the government is using this as a tactic to sustain or grab more power usually in self-defense.

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EconomicPolicyJournal.com: Are America’s Farmers Trump’s Useful Idiots?

Source: EconomicPolicyJournal.com: Are America’s Farmers Trump’s Useful Idiots?

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The Great Cost and Myth of U.S. Defense Spending – CounterPunch.org

Journalists and pundits regularly refer to U.S. defense spending as greater than the next seven or eight countries.  Nonsense!  U.S. defense spending when correctly tabulated exceeds the defense spending of the rest of the global community.  Current defense spending is greater than $1 trillion and the bipartisan support for U.S defense spending assures continued increases.  Many of the largest spenders on defense, moreover, are our treaty allies. More

Source: The Great Cost and Myth of U.S. Defense Spending – CounterPunch.org

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N.J. ‘In Worse Shape’ Than Any Other State, Senate Boss Says – Bloomberg

Both Republicans and Democrats are responsible for the fiscal disaster New Jersey is in.

Source: N.J. ‘In Worse Shape’ Than Any Other State, Senate Boss Says – Bloomberg

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