Month: December 2024

The watchword among progressives this election season is: “Nothing less than our democracy is at stake.” In truth, democracy itself is not in danger, but one can accurately say that “democracy,” as practiced in the US, endangers our lives.

Original article: The Limits to Public Opinion and the Failure of Democracy

Not all news from the gold and monetary fronts is bad. In fact, gold made a number of advancements in seven states, including exemptions from taxes and attempts by states to restrict Federal Reserve behavior. Gold is alive and well.

Original article: Sound Money Movement Chalks Up Seven State Legislative Victories in 2024

Employing the Labor Theory of Value, Marx claimed that entrepreneurial profits arise from exploitation of workers. In reality, entrepreneurs earn profits when they correctly gauge markets. Exploitation has nothing to do with it.

Original article: Entrepreneurial Profit Follows Good Decisions, Not Exploitation

Progressives blame the free market for insulin prices and want to impose price controls. But, government regulation is to blame. 

Original article: How the Government Created Exorbitant Insulin Prices

Historical revisionism is nothing new, and recent attempts to label an “antiracist” approach to history have wrongly been called “revisionist.” To better understand revisionism, one must first be grounded in reality, then apply reality-based thought to studying the past.

Original article: Historical Revisionism: What It Is and What It Is Not

Birkin bags are pricey and the producer restricts its potential buyers. Unfortunately, disgruntled customers who don’t want to follow the company’s rules are now appealing to US antitrust law.

Original article: Contrived Scarcity and Antitrust Lawsuits—“It’s Not a Bag, It’s a Birkin”