"There is no doubt that when a fractional reserve bank discounts commercial paper (real bills) it creates money (perfect monetary substitutes)."

Calhoun’s 173-year-old treatise is not just a diagnosis of how we got here, but a roadmap for escaping from this tyranny and being rid of the “woke” totalitarians among us.

While Social Security is not exactly a pension system, it has had a negative effect on private pension plans and has discouraged people from engaging in long-term savings. In the end, its negative effects outweigh the positive ones.

Thomas Woods has reminded us more than once that “no matter who you vote for, you get John McCain.” House Speaker Mike Johnson is the latest example.

Few ideas are as closely associated with Marxism, writes Ralph Raico, as the concepts of class and class conflict. But the concept itself, with a more realistic understanding, originates in liberal theory.

Thomas Woods has reminded us more than once that "no matter who you vote for, you get John McCain." House Speaker Mike Johnson is the latest example.

As Murray Rothbard noted, reason is a powerful tool to help us discern how to thrive in our world. Government, through propaganda and interference with education, seeks to stifle reason and replace it with obedience to the state.

How many people in our history―a couple hundred years―took the oath of office, and how many times did they violate the oath of office?

In return for power, positions, and money, intellectuals persuade the majority that their government is good, wise, and at least inevitable.