Power & Market

After John Bolton’s disastrous stint in the first Trump administration, promises were made that the second Trump administration would be neocon-free. Instead, the neocons are back.

Stability has been earned. The next task is to convert it into structural strength.

Federal debt now increases at a shocking rate, with the US's debt increasing from $37 trillion to $38 trillion in just 73 days.

AI doomerism and neo-Luddite sentiments have become increasingly prevalent in recent discourse.

One of the great ironies of anti-capitalist resentment is that the envy and contempt results from a fundamental misunderstanding of the difference between liberty and statism.

Bankers will be bankers, and AI can only add to their hubris.

The white metal’s price chaos of the last week has many similarities with the 1980 Hunt Brothers’ squeeze.

History suggests that abuse of power is an inevitable feature of the modern welfare-warfare-regulatory state.

If the individual cannot keep what they earn, cannot build, cannot invest, cannot act without permission, then the income from tourism is nothing but a fleeting consumption and a steady stream of rent for the ruling class.

Ironically, normal market pressures would make housing more affordable, but easy money undermines that prospect.