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The NAFTA Myth

The NAFTA Myth

Editor’s Note: The North American Free Trade Agreement (NAFTA) was approved by Congress 20 years ago this month. Rothbard’s essay on NAFTA, reprinted below, is available in the collection Making Economic Sense.

For some people, it seems, all you have to do to convince them of the free enterprise ...

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Reads: 2115

The Fed Must Inflate

The Fed Must Inflate

The Fed is busy doing everything in its considerable power to get credit (that is, debt) growing again so that we can get back to what it considers to be "normal."

But the problem is that the recent past was not normal. You may have already seen this next chart. It shows total debt in the U.S. as a ...

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Reads: 1536

Bitcoin: Hoping for the Best After Bernanke's Endorsement

Bitcoin: Hoping for the Best After Bernanke's Endorsement

The strange convergence of Bernanke, Hayek and Bitcoin ... Every time Federal Reserve Chairman Ben Bernanke opens his mouth, the markets move. But few could have guessed that in an offhand remark he would add legitimacy to the Bitcoin, the virtual currency that competes with the American dollar as ...

Read more: Bitcoin: Hoping for the Best After Bernanke's Endorsement

Reads: 1886

The Economics of ObamaCare

The Economics of ObamaCare

 Editor’s Note: For a more detailed analysis of this topic, sign up for Dr. Murphy’s 4-week online Mises Academy class, beginning November 20. The course will cover the standard arguments for government intervention in health care and health insurance, including the common claim that ...

Read more: The Economics of ObamaCare

Reads: 1630

How the World Was Made Safe for Crony Capitalism

How the World Was Made Safe for Crony Capitalism

Editor’s Note: Beginning Tuesday, November 12, Dr. Batemarco will be teaching “The Age of Crony Capitalism” at Mises Academy. This six-week online course will examine the factors responsible for the expansion of crony capitalism at the expense of the free market.

For most of US history, crony ...

Read more: How the World Was Made Safe for Crony Capitalism

Reads: 1489

Ron Paul to Birch Gold Group: U.S. Monetary Policies Will Lead to "Major Crash Of The Dollar"

Ron Paul to Birch Gold Group: U.S. Monetary Policies Will Lead to

Pulling no punches in a candid interview, former Congressman Ron Paul has taken aim squarely at the Federal Reserve, calling out the central bank's current and future Chairs for their "unworkable" monetary policy of debt purchasing, also known as Quantitative Easing. One way or another – whether QE ...

Read more: Ron Paul to Birch Gold Group: U.S. Monetary Policies Will Lead to "Major Crash Of The Dollar"

Reads: 1915

Interview of James Rickards About Central Bank Manipulation of Gold and Silver Markets

Interview of James Rickards About Central Bank Manipulation of Gold and Silver Markets

If you study the gold and silver market long enough you can’t but acknowledge that the precious metals are manipulated. Last friday drop (october 11th) in gold was another example : 2 millions ounces of paper gold were sold in less than 3 minutes (read the explanation here) at a time when the ...

Read more: Interview of James Rickards About Central Bank Manipulation of Gold and Silver Markets


Reads: 1912

33 Stats That Prove That SOMETHING Desperately Needs To Be Done About The National Debt

33 Stats That Prove That SOMETHING Desperately Needs To Be Done About The National Debt

The U.S. national debt is 36 times larger than it was just 40 years ago.  That is not a misprint.  That is actually the truth.  We are literally destroying the future of America, but most Americans don’t really seem to care.  In fact, the most hated politicians in America are ...

Read more: 33 Stats That Prove That SOMETHING Desperately Needs To Be Done About The National Debt

Reads: 1386

Government Shutdowns, the Debt Ceiling, and Our Mountain of Debt

Government Shutdowns, the Debt Ceiling, and Our Mountain of Debt

Once again there is panic running through the halls of Congress, the Oval Office, and in the chattering classes that make up mainstream media over the government shutdown and the debt ceiling. Most of the panic is a result of the inability of politicians to reach an agreement on government spending. ...

Read more: Government Shutdowns, the Debt Ceiling, and Our Mountain of Debt

Reads: 1274

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