Woe to the unfortunate person uncaring, uncompassionate, undisciplined, unfair, ‘un’ everything else you can hurl at them, who lets slip that the United States is massively in debt with no [ … ]

“Governments cannot reduce their debt or deficits and central banks cannot taper. Equally, they cannot perpetually borrow exponentially more. This one last bubble cannot end (but it must).” I often [ … ]

This worthy and public-spirited column seldom dives into the thickets of military hardware, which it regards as excessively technical. However, the arms race between China and Washington is of enough [ … ]

Central planning based on central-bank inflated debt-asset bubbles works until it doesn’t. A media mini-industry touts Scandinavia’s “happiness” as the result of its high-tax, generous welfare state-capitalism. This mini-industry conveniently [ … ]

Riot police stand in front of protesters at the inauguration for President Trump in Washington, DC, January 20, 2017. (Photo: Shamila Chaudhary / Flickr) The President of the United States [ … ]

Continuing in the Il Sole series on Italy and the Euro, Alberto Bagnai writes that the euro is a “big defeat for the economics profession” here in English, here in [ … ]

The system is disintegrating, and slapping a “reformist” coat of paint over the dryrot cannot renew the structural timbers that have rotted to their very core. I confess to being [ … ]

From the time the Federal Communications Commission was created in 1934, through the 1970s, the US government largely acted to preserve media diversity and prevent media consolidation, putting in place [ … ]

There’s no Plan B for a state-corporate form of central-planning capitalism that is no longer functioning. If there is one reality that is denied or obscured by the Status Quo, [ … ]

Force is not the same as power. If force fails to persuade, power evaporates. The decline of middle class wealth and income is not just an economic trend–it translates directly [ … ]