Entries by David Brady,Jr.

The Myth of National Defense Spending

Estimated Reading Time: 7 minutes

Editors’ Note: Without discussing the wisdom of Ukraine’s military aid, the author is correct in taking on the persistent myth that defense spending is always good for the economy. Instead, it diverts resources that would have been spent by consumers and businesses and directs resources into things that are either blown up or that blow […]

Fossil Fuels Aren’t a Bad Habit We Can Just Kick. They’re a Critical Part of the Economy

Estimated Reading Time: 5 minutes

Editors Note: Portions of an excellent documentary series on energy created by Erik Townsend called Energy Transition Crisis have been presented in The Prickly Pear video section. You should take the time to view the series. Townsend, an accomplished energy futures trader and the producer of the excellent podcast Macrovoices believes that mankind is causing climate […]

FedNow Isn’t a CBDC [Central Bank Digital Currency], But It Is Dangerous

Estimated Reading Time: 4 minutes

Starting in July, the Federal Reserve will be rolling out a new payment service dubbed “FedNow.” Among many on the dissident side of politics, there is a growing worry that this new service may be a trojan horse for a central bank digital currency (CBDC). The concern is a valid one. A CBDC, depending on […]