The tremendous merit of gold is, if we want to put it that way, a negative one: It is not a managed paper money that can ruin everyone who is legally forced to accept it or who puts his confidence in it. The technical criticisms of the gold standard become utterly trivial when compared with this single merit.
– Henry Hazlitt
HORNBERGER'S BLOG
February 15, 2023
Thank You, Americans, for Our Tax-Funded Largess
I want to thank all of you taxpayers out there for providing me with the benefits of gigantic amounts of welfare-warfare-state largess that is being heaped on those of us living here in Virginia. The Wall Street Journal recently reported that the states surrounding Washington, D.C., had the nation’s biggest decline in unemployment benefits. In Virginia, “total new applications for unemployment ...
The State of the Union
by Jacob G. Hornberger and Richard M. Ebeling
What is the state of the union as per President Biden's State of the Union address? FFF ...
The Federal Dietary Wrecking Ball
by James Bovard
Politicians are hellbent on intruding further into Americans’ stomachs. In September, President Biden hosted a White House Summit on Hunger, Nutrition, and Health. A ...
The Deadly Toll of Warrior Policing on Steroids
by John W. Whitehead
That the police officers charged with the beating death of 29-year-old Tyre Nichols are Black is a distraction. Don’t be distracted....
The Wealth of Nations
by Jacob G. Hornberger and Richard M. Ebeling
Why are some nations wealthier than other nations? Adam Smith addressed this question in his opus of ...