Politics
The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a...
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Brilliant Achievement
Politics
Leading up to his selection, Warsh had expertly crafted a message for his chosen audience of one—Donald Trump.
Politics
Warsh’s hawkish credentials are real. His hawkish future is not. Trump didn’t pick him to raise rates and crash markets before the midterms.
Politics
In this week’s Friday Philosophy, Dr. David Gordon examines the demands of philosopher Peter Unger, namely, that we be forced to give up our...
Politics
If confirmed by the Senate, Warsh would succeed current Fed Chair Jerome Powell, whose term ends in May.
Politics
Charles Dickens trained many to hate capitalism, but he never understood the difference between envious hatred of wealth and charitable concern for the poor....
Politics
Consumer spending does not drive the economy. On the contrary, saving, investment, and entrepreneurship are the critical components of economic growth.
Politics
Scandinavia is not socialist; in fact, they are often ranked far higher than socialist economies like Venezuela in terms of economic freedom.
Politics
All children eventually learn that the presents under the Christmas tree come from family and friends, who must pay for them with their own...
Politics
Losing one’s money, credit cards, and passports in a New York City cab could have been a disaster. Thanks to trust and cooperation among...
Politics
Shortly after hearing about the birth of Jesus, Herod the king tried to have the child murdered. Indeed, Herod’s oppressive rule and the predations...
Politics
Historically, it has been very poor manners in Washington to admit that keeping home prices high is a deliberate policy. High prices are not...
Politics
All children eventually learn that the presents under the Christmas tree come from family and friends, who must pay for them with their own...
Politics
Shortly after hearing about the birth of Jesus, Herod the king tried to have the child murdered. Indeed, Herod’s oppressive rule and the predations...