Silver as an investment

Category Archives: National Association for Business Economics

Don’t Fight the Fed

Alexander Hamilton, George Washington’s Treasury Secretary, in his first “Report on the Public Credit” in 1790, put forth the concepts of “assumption” and “redemption.” He argued that the federal government should assume the Revolutionary War debt and pay those debts at “face value”  in full to the bearers of such debt on demand. In order […]

Nobel Prize Winning Economist Blasts America’s “Rent-Seeking” Economy

Via Mike Krieger of Liberty Blitzkrieg blog, I’m really grateful Angus Deaton was willing to come out and state the obvious. That is, the fact this economy isn’t what we’ve been told. In reality, it’s largely a rent-seeking based system, in which a meaningful percentage of the people who earn the most money are not only not adding value […]