Written by Daniel Kochis
The United States has been experiencing a boom in energy production in recent years, most notably natural gas production. This energy boom should allow for a strong export market for American liquefied natural gas (LNG) to hungry markets abroad. However, legal and regulatory hurdles make it ...
Written by David Howden
A currency is only as safe as the bank that stores it. Nowhere is this more apparent than in the recent turmoil in the bitcoin community.
One the primary advantages of bitcoin, perhaps even the greatest advantage of the cryptocurrency, is the ability to do away with traditional banking ...
Written by Michael Snyder
– And That Is Very Bad News For The United States
So much for "isolating" Russia. The Chinese government is publicly siding with Russiaon the crisis in Ukraine, and that is very bad news for the United States. Not only does it mean that the U.S. is essentially powerless to do ...
Written by James M. Roberts
The images flashing around the world of courageous freedom fighters in the streets of Kyiv, Caracas, and other cities and towns in Ukraine and Venezuela are compelling. Why are these people risking their lives? For freedom, that’s why.
Written by Doug French
Inflation is always somebody else’s fault. Ludwig von Mises called out finger pointing central bankers and politicians decades ago in his book, Economic Policy. “The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a ...
Written by Stephen Moore
Republicans in Congress are being accused of fighting a “war on the war on poverty,” in part because of a tiny cut in the food stamps program last week. Democrats charge that these “cuts” will take food from the mouths of hungry children, and they claim this is an example of how Congress has shred ...
Written by Andrew Cullen
Austrian business cycle theory explains that the “bust” phase of that cycle is created by extension of the cheap and plentiful credit by a fractional reserve banking (FRB) system. A FRB system is inherently fragile during the bust phase as its leverage (lending as a percentage of its own ...
Written by Michael Snyder
Did you know that the U.S. state that produces the most vegetables is going through the worst drought it has ever experienced and that the size of the total U.S. cattle herd is now the smallest that it has been since 1951? Just the other day, a CBS News article boldly declared that "food ...
Written by Gary Galles
Those campaigning for a substantial jump in the minimum wage all assert that the purpose is to help working families. Unfortunately, careful students of the evidence come to a different conclusion. As Mark Wilson summarized it, "evidence from a large number of academic studies suggests that minimum ...