Since the trade balance has nothing to do as such with either the supply of money or the demand for money, we can conclude that trade balances do not determine the purchasing power of money of respective countries.

Hayek’s last proposal for monetary reform calls for privately issued, competing fiat currencies. It's debatable whether or not this is a good idea.

Whether we're commanded to trust the experts, abandon the rule of law, or venerate government for "keeping us safe," the 9/11 panic and our current crisis have many things in common.

We are fortunate to have vaccines as options in many cases. But mandatory vaccination can never be justified. If a vaccine were clearly 100 percent efficacious and 100 percent safe, there would be no need for coercion; people would voluntarily line up to take it.

Spot? COMEX? Retail? How the price of gold varies by market. And why.

Hunter Hastings and Clay Miller discuss why an entrepreneurial culture is highly beneficial to society at the global, national, and local levels — and starting early can influence a lifelong entrepreneurial journey.

Extraordinary measures require extraordinary evidence. Have the advocates for lockdowns made their case? The data suggests they have not.

The question is not if the current system will end. The question is how it will end.

Thomas Sowell concluded that, “A vastly expanded welfare state in the 1960s destroyed the black family, which had survived centuries of slavery and generations of racial oppression.”

Advocates for looting are now claiming that looting doesn't really hurt anybody but evil corporations. In truth, looting is a disaster for many families, business owners, and the neighborhoods themselves.