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“The triumph of persuasion over force is the sign of a civilized society.” In my pamphlet, “Persuasion vs. Force,” I made the point that when the U.S. president signs a bill forcing people to do things they don’t do voluntarily, it’s a sign of failure, not success, and Washington should be in mourning, not celebrating… […]
“Little else is required to carry a state to the highest degree of opulence but peace, easy taxes, and a tolerable administration of justice.” — Adam Smith
“If everyone enjoyed the unrestricted use of his faculties and the free disposition of the fruits of his labor, social progress would be ceaseless, uninterrupted, and unfailing.” — Frederic Bastiat, “The Law” (1850) […]
“You must trust and believe in people or life becomes impossible.”
— Anton Chekhov […]
Guns and ammo aren’t the only things Americans are buying in record amounts. Last week, the U.S. Mint announced that it has suspended sales of its 2013 American Eagle silver bullion coins after running out of stock due to soaring investor demand for the newly minted coins in the first two weeks of the year. […]
Today is Ben Franklin’s 307th birthday. What would this founding father extraordinaire, the first scientific American and financial guru say about America in 2013? As a sixth-generation grandson of the famous man, I imagined contacting the grandfather of our nation through modern technology and asking him directly. Here is the conversation: […]
Five Star Trader focuses on smart beta stocks. “Beta” measures volatility, while “smart beta” investing analyzes that volatility for massive gains and less risk. And by “massive,” we mean wins returning 15.2x your money. In addition to the inherent advantages of smart beta investing, each of Dr. Mark Skousen’s recommended plays must adhere to 5 core principles that serve as the service’s foundation. Learn what these 5 core principles are today.
I finished a productive trip to San Diego for the American Economic Association (AEA) meetings, where I met with several top economists, including Nobel Prize winners. One of the most popular sessions was a panel on the 100th anniversary of the Federal Reserve. […]
As we start a new year, I imagine, as John Lennon did in his famous song, a world of peace between nations, no major crimes or suicides, little inflation, low taxes and tolerable regulations. […]
after years of economic turmoil, of boom and bust in the global economy, the great Austrian Friedrich von Hayek (1899-1992) is making an impact as the premier challenger of John Maynard Keynes and Keynesian policies of easy money, stimulus and big government. […]
Like the rest of the world, I am deeply saddened and angered by the unfathomable mass killing of 20 children and six women at a school in Newtown, Conn., by a deranged gunman. My heart goes out to all of the victims and their families, as well as their friends. This tragedy already has led […]
Federal spending, especially under George W. Bush (2001-2009) and Barack Obama (2010-2012), is out of control. The 2001 budget, the last one under Bill Clinton, was the last year in surplus. […]
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