Written by Steven Malanga
Local liabilities threaten the state’s fiscal reputation
Though Texas has rightly earned kudos for its balanced budgets and its high-powered, business-friendly economic environment, it has an emerging debt problem. From money borrowed to build extravagant sports facilities to rising ...
Written by David Stockman
Fannie Mae is a classic crony capitalist progeny of the New Deal that began life in 1938, quite innocently, as still another ad hoc New Deal program to boost the depression-weakened housing market. It grew into something quite different: a monster that deeply deformed and corrupted the nation’s ...
Written by The Daily Bell
The Daily Bell is pleased to present this exclusive interview with Doug Casey. Also read Washington Signals Dollar Deep Concerns By Paul Craig Roberts
Introduction: Doug Casey has appeared on hundreds of radio and TV shows and has been the subject of articles in People, US, Time, Forbes, The ...
Written by American Dream
Do you actually believe that the central banks of the world are going to sit back and do nothing while their monopoly over money creation is being threatened? Do you actually believe that the governments of the world are going to allow a digital currency that they have no control over to ...
Written by Peter Schiff
The most puzzling part of the investment business is seeing how the vast and largely economically illiterate masses interpret any given piece of news. Take the recent gold selloff: many large players were motivated to sell by news that Cyprus will have to liquidate its gold stockpiles to pay off ...
Written by Sally Lowder
Copper and nickel are two metals modern society cannot get enough of, but there is not enough to go around, says Rick Mills, publisher of Ahead of the Herd. Add in mounting production costs and you have a supply-and-demand disaster in the making. But when it comes to making fiberglass and ...
Written by Peter Byrne
The Gold Report: How has your bullish view on the gold sector evolved as a series of crises has jolted both the international stock market and the price of gold?
Greg Orrell:First off, my belief in gold as a monetary asset has not wavered. Japan basically admitted that it is bankrupt with its ...
Written by Ludwig von Mises
Excerpted from chapter 11 of Omnipotent Government by Ludwig von Mises.]
The gold standard was an international standard. It safeguarded the stability of foreign exchange rates. It was a corollary of free trade and of the international division of labor. Therefore those who favored etatism ...
Written by Robert Bluey and Kelsey Harris
The U.S. Senate is debating the so-called Marketplace Fairness Act. It’s a bill that would result in the taxation of Internet sales, driving up costs for consumers. The legislation cleared a procedural hurdle Monday and could have a floor vote by Thursday.