Dismal is Better

Americans admire the rugged individualist who goes his own way, who stands alone. The problem is that standing alone at social gatherings is…lonely. And, frankly, pathetic. But that’s what usually […]

Hayek and Bitcoin

The late economist FA Hayek had a great deal to say about private money, inflation, and indeed, about preserving individual freedoms against a tyrannical state. As we approach the 15th […]

Tax Strike!

As the deadline to file individual federal income taxes looms, some readers might wonder if they receive sufficient services in return for what they pay. Over the centuries, many Americans […]

FDIC: No Savior Then or Now

If you think the US banking system has problems now, ninety years ago this month a new President shuttered the entire banking system for a week. Knock on wood that […]