Politics

Not raising the debt ceiling will not mean default, instead it will mean other federal spending will get cut

The policy response to the European debt crisis is critical and that response is function of European politics. There have been a number of developments in European politics that investors should be aware of.

If the facts go against us, we just dismiss them by selective editing or simply making stuff up to support our original thinking. When it comes to politics, when it comes to economics, the facts don't really matter. Human reasoning is not…

Here's Ron Paul on Chris Matthews' show talking about giving people greater liberty and freedom on a number of different issues. I agree with much of what he says. But here's the part I want to focus in on: property rights. I am all for…

I ran across a post by Robert Murphy over at the Mises Institute blog on Modern Monetary Theory. Since I have been pushing the idea that the centrality of secular debt accumulation makes some ideas from MMT and Austrian Economics…

The following editorial by Timo Soini, the head of the True Finns party in Finland, on perceived corporatism in the EU bailouts of the eurozone periphery appeared in Monday's Wall Street Journal. We are reprinting it here because the…

Once politicians set policy and commit to it by signing it into existence, they would rather risk losing office than change course.

On Friday I spoke to RT America about the mockery of a sham that is US public discourse on the debt ceiling issue. First of all, the US government creates dollars. They can always manufacture more if they so choose. It's a rubbish argument…

This is making the rounds on the Internet because it is very funny. Take a look.

Partisans have a well-developed political world view. Facts don't change that view. How does one deal with that? If you're wrong, you will be confronted with a decision on how to react. The insidious thing about this is that when we are…