Wealth


Is Freedom Finished?

By ROGER TOUTANT Mises Canada January 31, 2016   Is Freedom Finished?   In olden times, the size and scope of the state was necessarily limited due to the fact that individual productivity was low. Taxes had to be limited because each citizen had little to offer. The ruling king or dictator typically made the most of […]

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Cronyism Causes the Worst Kind of Inequality

Cronyism Causes the Worst Kind of Inequality

By Against Crony Capitalism December 28, 2015   Cronyism Causes the Worst Kind of Inequality     This is one of the main points we try to make. Entrench cronies in an ever expanding and controlling government and watch opportunity diminish, the economy stagnate, and people lose hope. Economies need to be free to create […]


America’s Middle Class Is an Endangered Species

By Bill Bonner Bonner & Partners December 11, 2015   America’s Middle Class Is an Endangered Species     PARIS – Why does no one challenge the Deep State? In this era of business-suit machismo, why does no presidential candidate propose kicking the biggest, softest butts – the ones that most need kicking? We imagine […]

Middle Class

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How Money Disappears in a Fractional-Reserve Money System

By Frank Shostak Mises.org December 2, 2015   How Money Disappears in a Fractional-Reserve Money System   Most experts are of the view that the massive monetary pumping by the US central bank during the 2008 financial crisis saved the US and the world from another Great Depression. On this the Federal Reserve Chairman at the […]


ETF RP

End the Fed

By Bill Bonner Bonner & Partners October 15, 2015   End the Fed     PARIS – Suddenly, it has turned very cold in Paris. The sky is gray. People wear coats and scarves. It almost feels as though it could snow. Seeing the weather turn against us, we wonder what else might be coming. […]


Global wealth shrinks for the first time since Lehman

By Against Crony Capitalism October 14, 2015   Global wealth shrinks for the first time since Lehman     This speaks to the “financialization” of the modern economy we referenced in a post yesterday. In a fiat currency world the banks truly, and almost totally run the show. The central banks particularly. And the American […]

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It is Interesting How People Define Labor as Communistic

By Martin Armstrong Armstrong Economics September 8, 2015   It is Interesting How People Define Labor as Communistic     It is fascinating how some people interpret “total productive capacity” as only brute labor and thus, communistic. This becomes their argument for precious metals. True, Marx focused on labor as wealth, and he was partially […]

Smith-Marx

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Real Wealth Weaker than GDP Stats Show

By Frank Shostak Mises.org September 8, 2015   Real Wealth Weaker than GDP Stats Show   US real gross domestic product (GDP) grew faster than initially thought in Q2. GDP expanded at a 3.7 percent annual rate during the second quarter, instead of the 2.3 percent rate reported for the quarter last month. The annual change […]


Connecticut On Its Latest Cash Grab: It’s Not Greed When We Do It

By Christopher Westley Mises.org August 4, 2015   Connecticut On Its Latest Cash Grab: It’s Not Greed When We Do It   Those possessing the anti-capitalist mentality — so ascendant in our culture today — often critique market actors as being solely motivated by “greed.” Surely economic systems based on nobler motivations, they say, would […]

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Inequality: The Rhetoric and Reality

By James A. Dorn Foundation for Economic Education June 23, 2015     Inequality: The Rhetoric and Reality There’s only one source of prosperity, and it’s not redistribution   The publication of Thomas Piketty’s bestseller Capital in the Twenty-First Century has led to widespread attention on the rising gap between rich and poor, and to […]

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Money Emergency Funds

A Vision of Monetary Hell Troubles Our Sleep…

By Bill Bonner Bonner & Partners May 22, 2015   A Vision of Monetary Hell Troubles Our Sleep…   Medellín, Colombia Dear Diary, A vision of Hell troubles our sleep. It is the vision of what the United States will be like when the authorities have obliterated almost three millennia of monetary progress and have […]