The Pretense of Knowledge

Fifty years ago today, December 10, 1974, F.A. Hayek gave his Nobel Lecture in Sweden. The conflict between what the public expects

Can Trump Save the Dollar?

While the US dollar still is the world‘s “reserve” currency, its abuse by the Federal Reserve and federal government has weakened it

Book Review: The Age of Debt Bubbles

The world is awash in debt bubbles, but politicians continue to spend, which requires even more central bank intervention—and more bubbles. Max