Estimated Reading Time: 4 minutes
Gallatin played a key role in America’s early days. Here are some of his noteworthy accomplishments. A Tennessee town and counties in Kentucky and Montana are named after him. His statue graces one of the entrances to the US Treasury building in Washington, DC. One of the three rivers that converge to form the Missouri […]
Estimated Reading Time: 3 minutes
The phrase that was popular during America’s own revolution owes a hat tip to a famous Englishman, who took a stand against King Charles I’s “ship tax”. Ask most Americans where the slogan “No taxation without representation!” came from and the likely response will be “American colonists protesting against Britain in the 1760s.” But the […]
Estimated Reading Time: 4 minutes
December 7, 1941 will forever be remembered as, in the words of Franklin Delano Roosevelt, “a date that will live in infamy.” Another infamous date is April 5, 1933—the day that FDR ordered the seizure of the private gold holdings of the American people. By attacking innocent citizens, he bombed the country’s gold standard just […]
Estimated Reading Time: 7 minutes
Joe Biden knows the true history of segregation quite well, which makes his false claims that Georgia’s election law was ‘Jim Crow on steroids’ all the more egregious. What are “Jim Crow” laws? President Biden apparently thinks they are synonymous with election integrity. In fact, when Georgia’s Governor Brian Kemp signed a bill in 2021 […]
Estimated Reading Time: 4 minutes
Americans today are once again the victims of price inflation brought on by runaway government spending and printing of unbacked paper money. According to the most recent polling data, the American public’s approval of Congress stands at a dismal 21 percent. Almost four times as many people disapprove of the job it’s doing. That’s par for […]
Estimated Reading Time: 4 minutes
Two of England’s most famous kings—Henry I and Henry VIII—took very different approaches to money. Once there was a king who was only twelve inches tall. As the story goes, he was a lousy king but he made a great ruler. You’re groaning, I know. Cut me some slack. I’m an economist and historian, not […]
Estimated Reading Time: 2 minutes
Joe and Janet the robber barons Imagine if oil companies got together and agreed to charge consumers no less than $3.50 per gallon for gas. Let’s call it a “global minimum price.” How long—in minutes—do you think it would take for the news media to cry foul and for the Justice Department to file an […]
Estimated Reading Time: 4 minutes
The principle that ends justify means is one where the ethics of individualists and collectivists collide, F.A. Hayek saw. Born in Vienna on this date (May 8) in 1899, Austrian economist and political philosopher Friedrich August von Hayek lived to see almost the entirety of the 20th Century. He won a Nobel Prize for Economics […]
Estimated Reading Time: 4 minutes
If mass mail-in voting takes hold in this country, we can add yet another of our hard-won rights to the growing pile we don’t much care for anymore. And if a walk to the mailbox gets too onerous, we could just vote by phone.