Land Ho!
Savvy investors – having realized that the stock market is not necessarily the way to generate terrific riches – are going back to the land. The dominant social theme might be, "Who can trust these paper products? Give us tangible, pro...
Markets Reject EU Austerity?
The UK Telegraph remains a mainstream anomaly; articles by Ambrose Evans-Pritchard often do not buttress the dominant social themes that the power elite is trying to promote. On the other hand, Evans-Pritchard is no free-market monetarist. He seems to ...
The Rise of Iran
Is it jaw-jaw rather than war-war with Iran? Portions of the US military industrial complex obviously want war-war, but the pushback from other US military, intelligence and civilian sectors seem to mitigate against it. We remember when it seemed certa...
Property Rights and Law
Some have been demeaning the right to private property - which is very closely linked to America's political tradition and if sufficiently discredited would also help destroy the country - because such a right is supposedly created by a legal syste...
Tony Judt's Last Prevarications
As a loyal though reluctant reader of The New York Review of Books – too masochistic an experience at times but in my line of work unavoidable – I have read a lot of essays by the recently deceased public intellectual and NYU professor Tony...
Gold: The Anti-Bubble
The Gold Council research makes the point that "The gold price is consistent with its long-run average level compared with a range of different assets, including equity indices and hard assets like oil." Or to put it another way, there is a n...
Is the Tea Party a Modern-Day Renaissance?
We can only repeat that what is happening is a process, not a series of inexplicable, serial events. Of course, we may yet be wrong. Perhaps the power elite can - via censorship and military force - reverse the trends that we see continuing to grow. Bu...
Tibor Machan on the US Tea Party, Its Influence and What the Future May Hold
The editors of The Daily Bell are pleased to present an interview with well-known libertarian philosopher Tibor R. Machan. Dr. Machan is currently Professor Emeritus, Department of Philosophy, Auburn University, Alabama, and holds the R. C. Hoiles Endo...
Why Does the US Need a Consumer Czar?
There is so much that is strange about this consumer financial protection bureau that it is not easy to know where to start. First of all transactions between someone borrowing money and someone lending it do not strike us as "consumption." W...
Swiss Institutions Ask: Where's the Gold?
Have you ever wondered what would happen if most of the claimed US gold reserves do not really exist? Can Washington continue to operate under its own questionable and often non-existent accounting rules if it doesn't have the gold reserves as prom...