Sadly, much of the Western world, and America especially, has become addicted to status symbols. This has been going on for generations now. When I was a boy people joked about "keeping up with the Joneses," but the joke was funny only because it
It was just a month and a half ago that Tesla approved an eye-popping long-term pay package, worth as much as $50 BILLION to founder and CEO Elon Musk.
I don't particularly like the phrase, "the one percent." It reeks of envy and thus of socialism. But at the same time, the wealthiest people in the West really have become much wealthier in the past decade or two, while working people have, per
There is a huge difference between disliking Bitcoin as an investment and disliking Bitcoin as a construct.
The crypto economy can't get here fast enough...In addition to writing, I manage businesses. And as I review the financial records of these businesses every year, I see corporate parasitism biting them worse and worse. But if pushed, the bosses of
Anthropologists say that humans became human about 200,000 years ago. Evolutionists say this was the result of a million years or so of evolution. Creationists say it was the result of creation. For purposes of this commentary, it doesn't matter
Political Correctness Hampers Honest Debate What would the world be like today had Europeans never colonized Americas, Africa, the Middle East, Australia, New Zealand, and South Asia?
The one of the document that can interest Morpheus' lawyer are this document was written by a Federal Magistrate Judge in Rochester, NY
According to the news, the economy is in bad shape. See here. Look! Chain retailers going out of business! Malls closing! Whole shopping malls abandoned! Another chain retail giant bites the dust! The end is near!
We are back with another edition of "Ask Ron Paul." Ron answers your toughest questions!
"What about the poor?" An interviewer just asked me the question following my usual call for markets in everything. It's probably the 100th time this has happened. The question amazes me because the implication behind it implies that markets s
If the media tell us that "the opening of XYZ mill has created 1,000 new jobs," we give a cheer. When the ABC company closes and 500 jobs are lost, we're sad. The politician who can provide a subsidy to save ABC is almost assured of widespread
Nothing may have had as bad of a year as the Internet. The Internet has been hit with an onslaught of criticism and suffered several setbacks in 2016: from relinquishment of American control over web address management, introduced surveillance measu
Ross Ulbricht is now serving (and appealing) a double life sentence for all non-violent charges, based on his alleged role in the Silk Road website/marketplace. We believe this is an enormous miscarriage of justice.
As Black Friday ushers in the year-end shopping rush, chains are touting larger price cuts than in 2015 -- a gamble that maintaining market share is worth squeezing margins. Based on a Market Track study of holiday circulars, Wal-Mart is offering an
I had to read the following WSJ article three times to make sure I wasn't hallucinating. It disabused me of three notions: one, that we have a market economy; two, that price-fixing is illegal; and three, that prices are set by supply and demand an
Justin Drake (DuoSear.ch/OpenBazaar) talks about the online free market - Scott Horton (Scott Horton Radio) provides a world news update - Pat Shannan (One Life/One Coin) on the global financial revolution with OneCoin cryptocurrency. Pat is also Edi
Want a Free Market? Abolish Cash … If you believe that government meddling in financial markets was responsible for the last recession and the lackluster recovery, you might be right. But probably not in the way you think. – Bloomberg
Beggar, thief, or trader? The choices are narrowing.
In 2012, Barack Obama warned that the United States would fall into a depression if Ron Paul's plan to cut $1 trillion from the federal budget were enacted.