Remnant Review Today is a big day for me. It probably isn’t a big day for you, but it is a big day for me. On this day, 40 years ago, the first issue of Remnant Review was mailed to subscribers. It was a technologically primitive newsletter. Most newsletters were, back in 1974. You can […] READ MORE
China’s Cement Shoes: The Crash Is Inevitable
The Chinese government is run by a bunch of old Communists who grew up under Mao. They believe in central planning. They sent their bright young men to study economics in America’s graduate schools. These young men came back Keynesians. The Chinese economy today is a mad mix of free market entrepreneurship, central bank counterfeiting, […] READ MORE
How Snowden’s Revelations Have Strengthened the NSA
It has been a year since Edward Snowden blew the whistle on the NSA. I appreciate what Snowden did. His decision to leak the stolen documents has done the conservative movement an enormous favor. It has blown to smithereens the greatest single myth of conservatism: “If the American people knew about this, there would be […] READ MORE
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They are under $450 per bitcoin, down from $1,242 in December. The trend remains down. The number of worldwide transactions remains miniscule: under 75,000 a day. In the United States, total money flows are about $14 trillion per day. Anyone who tells you that bitcoins will soon become an alternative to the U.S. dollar has […] READ MORE
Why Tenure-Seeking Non-Keynesian Economists Hate Rothbard
In a recent article, I described the tenure-seeking and tenured university economists’ attacks on Murray Rothbard. There is a reason for this hostility: Rothbard embarrasses them. He wrote things like this: The intellectual arguments used by the State throughout history to “engineer consent” by the public can be classified into two parts: 1) that rule […] READ MORE
Houses Built by 3D Printers for $5,000 Each
A Chinese firm can build ten houses a day for under $5,000 each. The construction is based on cement and used materials. You can see them here. This is a revolution. Give this another decade — maybe less. This will hit the construction industry like a ton of 3D-made bricks. Want a weekend getaway home […] READ MORE
University Economists vs. Rothbard
For over 40 years, I have watched university economists attack Murray Rothbard in print. They never laid a glove on him. They had certain things in common. They never published anything comparable to his book, Man, Economy, and State (1962). They never published anything comparable to America’s Great Depression (1963). They did not publish widely […] READ MORE
Government-Created Drought in California: A Long, Dry Summer
Prices for agricultural produce in U.S. supermarkets will be up this summer. Why? Drought, plus government planning. Call it a drought of liberty. Utility rates in California will rise. Small businesses in the state will be hit hard. There will be 50% unemployment in some agricultural towns. Farmers are not planting. The water costs too […] READ MORE
A Jewish Farmer Has Re-Invented the Wheel
I realize that this sounds unbelievable. But it’s true. The media have covered it. There really is a Jewish farmer. He broke his pelvis in 2008. He bought a wheelchair. And he didn’t like the way it felt. It was too bumpy. So, he thought about this. What if he could design spokes that would […] READ MORE
Former Fed Employee Is Charged With Felony For Threatening To Kill Boss
Perhaps we should be more measured with our criticism of the Federal Reserve System. It is an emotional topic for many Americans, and it’s not hard to understand why. The Federal Reserve System is a direct cause of the systematic devaluation of the average citizen’s money and exacerbates the income gap by funneling freshly printed […] READ MORE
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