Economics
How Inflation Breaks Entire Nations
In his March 1914 Introduction to Andrew Dickson White’s classic essay, Fiat Money Inflation in France, John Mackay offered this ironclad wisdom every lawmaker should memorize: Legislatures are as powerless to abrogate moral and economic laws as…
Apple Launches TSA-ready Digital ID for Domestic Travel
AP Images Apple has launched Digital ID for the iPhone and Apple Watch. Drawing information from a user’s passport, the new feature is marketed as an “easy, secure, and private” way to verify identity during domestic travel, with…
Trump’s 50-year Mortgage Plan: Owning Less, Owing More
valentinrussanov/iStock/Getty Images Plus America’s housing dream keeps getting longer. After decades of stretching from 15-year to 30-year loans, President Donald Trump now wants to extend the horizon again – to 50 years. The idea, he…
I, Smartphone – The Stream
Make mine a cup of praseodymium with a terbium or two on the side, please. Make it snappy! Beautiful blue cobalt, a ferromagnetic metal with atomic number 27, is inside your smartphone, too. Presently, almost all of it comes from the African…
The Bible Is the One True Narrative of the World
“The question is not whether the whole of our lives will be shaped by some grand story. The only question is which grand story will shape our lives.” This critical question is asked at the conclusion of a 2006 public lecture given by Michael W.…
Aren’t Nobel Winners Supposed to Be Living? – Religion & Liberty Online
We live in an amazing time. As David Kotter recently noted in The Washington Times, we have flipped “extreme global poverty” in just the past 250 years: When the USA was founded, roughly 90% of earth’s population lived in—by today’s…
Billionaire: Wealth “Inequality” Is Helping Invite Autocracy
Diy13/iStock/Getty Images Plus Equality tells you nothing about quality. You can, after all, have equality in misery, ignorance, degradation, or infirmity. Despite this, equality has long been a rallying cry for millions and inequality an…