Wealth


How Wartime Washington Lives in Luxury

By Against Crony Capitalism April 27, 2016   How Wartime Washington Lives in Luxury     War can be excellent business. It is also often hell. So that leaves us in a weird place. This article needs to be read, particularly by people who are not familiar with Washington DC, our wealthiest American metropolitan area […]

How Wartime Washington Lives in Luxury

Pelosi’s Husband Invested in Solar Firm Weeks Before Lucrative Expansion

Pelosi’s Husband Invested in Solar Firm Weeks Before Lucrative Expansion

By Against Crony Capitalism April 19, 2016   Pelosi’s Husband Invested in Solar Firm Weeks Before Lucrative Expansion     Nancy Pelosi’s time in Congress has coincided with a massive and rapid assent into the crony skies of massive wealth for she and her husband. On the SunEdison deal it looks like Paul Pelosi will […]


Economics: It’s Simpler Than You Think

By David Gordon Mises.org March 31, 2016   Economics: It’s Simpler Than You Think   [David Gordon reviews John Tamny’s new book, Popular Economics. This article first appeared in the March–April issue of The Austrian.] In the view of John Tamny — an editor at Forbes andRealClearMarkets — economics as it is usually studied and taught in […]

Economics: It's Simpler Than You Think

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What Markets Are Telling Us

By Ron Paul Ron Paul Institute February 15, 2016 What Markets Are Telling Us   Last week US stock markets tumbled yet again, leaving the Dow Jones index down almost 1500 points for the year. In fact, most major world markets are in negative territory this year. There are many Wall Street cheerleaders who are […]


Worse Than 2008

By Bill Bonner Bonner & Partners February 12, 2016   Worse Than 2008     BALTMORE – “Stocks still not finding bottom” warned a headline at Investor’s Business Daily. Yesterday, the Dow ended down 255 points – or 1.6%. The index is down by almost 9% since the start of the year. “These developments, if […]

Worse Than 2008

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European Central Bank Gets Ready for More Easy Money

By Frank Shostak Mises.org January 12, 2016   European Central Bank Gets Ready for More Easy Money   On January 21, 2016 European Central Bank (ECB) President Mario Draghi signaled that the governing council may provide more stimulus at its next meeting in March. “There are no limits to how far we’re willing to deploy our […]


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 […]


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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 […]

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