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June 19, 2023

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** By Daniel Lacalle
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** More Federal Debt Means More Taxes, Less Growth, and Weaker Real Wages ([link removed])
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2022 was a warning sign that debunked the myth of eternal monetization of debt with low inflation. It is time to be serious. High deficit spending is not a tool for growth, but a tool for cronyism and a burden on the future.

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** By Steven Cinelli
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** Is the Banking Crisis Being Orchestrated? ([link removed])
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With each iteration of the banking crisis, the Federal Reserve System and federal regulators gain in power and authority. Maybe the banking crisis isn’t an accident.

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** By David Gordon
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** Misreading Mill ([link removed])
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Patrick Deneen writes that the nonaggression principle promotes a liberalism that is harmful to society, as evidenced by John Stuart Mill's idea of the tyranny of public opinion.

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