Economics articles featuring analysis of the global censorship industrial complex, impacts on public health, free trade, liberty, and policy.
All Brownstone Institute economics articles are translated into multiple languages.
Since money-printing went into permanent high gear after the dotcom crash in 2000, the top 1% of households have gained $20 million each in inflation-adjusted net worth. Likewise, the top 0.1% or 131,000 households at the tippy top of the economic ladder have gained $88 million each in inflation-adjusted net worth.
The Destruction of the American Middle Class Read More »
Dr. Milei is basically an intellectual academic who became a truth warrior in response to the damage he saw being done to his country by a parasitic administrative state. In other words, he is yet another intellectual critic who is mad as hell and not going to take it anymore.
Javier Milei’s Battle Cry for the People Read More »
It’s time to re-assess the “need” for half of America to go to college as a vital path to the middle class. For some, sure, it’s a great plan, always was. But for many, this is not a sail; it’s an anchor. It’s just cargo cult baggage.
How Did Higher Education Become a Cargo Cult? Read More »
Functionally, unlike either industry (market forces) or the military (failed wars), there are no external forces currently limiting the expansion of the dysfunctional, counterproductive, and parasitic behavior of today’s Executive branch.
Bureaucracy’s Unstoppable Parasitic Growth Read More »
In the Munk debate, no one mentioned COVID restrictions. No one mentioned the decline of the rule of law and weaponization of the legal system for political ends. No one mentioned government censorship or media collusion.
The Munk Debate on the Crisis of Liberalism Read More »
It’s unlikely that the authorities did not know they were loading the inflation cannon. But instead of warning people, they were encouraged to max out their debts with low interst rates and new mortgages for the lowest earners. The complicity didn’t stop there.
Inflation and the Elephant in the Room Read More »
The jackboot and the sandal were graphic symbols of authority subjugating conquered peoples. If programmable CBDCs are introduced, your own digital financial footprint will be used to control you. The means of control change over time but the insatiable desire for total control remains constant.
CBDCs: Ultimate Tool of Oppression Read More »
What AI cannot do is incorporate into a single entity all of the specialized skills that the entrepreneur has; the abilities to calculate, plan, and execute, the personal acceptance of profit or loss, and the continued span of consciousness over time which makes the pursuit of wealth purposeful.
Can AI Plan the Economy? Read More »
The same dynamic that Jesus encountered in Nazareth held true today; bringing “glad tidings to the poor” is a popular slogan but very often those who embrace it most quickly care little for being called out for their own sins which prevent delivery of these glad tidings. Sadly, this is precisely what has happened to those whose political history has been tied up with what was once called the labor movement.
The Dignity of Labor Requires Freedom and Truth Read More »
The administrative state is horrible and it deserves to be called out. The next President can and should cut the administrative state in half (one could do so with no loss in services). But reading When McKinsey Comes to Town I realized that management consultants likely make up a larger share of the deep state than bureaucrats.
Is McKinsey & Company Part of the Deep State? Read More »
All of the “Covid Relief” numbers are far too big to understand unless one has a good numbers sense and sits quietly in a room with some blank paper and does some ciphering. People thought it was a good idea to spend limitlessly and futilely on Grandma without considering the costs to her adult children and grandkids. Hey, Grandma used to make us cookies; she’s worth whatever we’ve got. And even what we don’t got. Even if we can’t, through the full range of “mitigation,” keep her alive for another two months in a nursing home, where she’s seldom visited. If she has to live in isolation and die alone to “stop the spread,” so be it.
$10 Trillion Stolen Right Under Our Noses Read More »
For those who are researchers, writers, academics, or just curious people who want to understand the world better – even improve it – to have one’s intellectual operating system so profoundly disturbed is an occasion of profound disorientation. It is also a time to embrace the adventure, recalibrate, and set about correcting and finding a new path.
How Have You Changed? Read More »
