America

  Several important events occurred in the economy this June. Topping the list was the record initial public offering of SpaceX, which will be followed by two IPOs in the artificial intelligence sector: Anthropic and OpenAI. On the less positive side, inflation remains elevated and public debt continues to soar across the developed world, including […]

250 years ago, Thomas Paine’s Common Sense swayed the masses and set the stage for the U.S. Declaration of Independence.   “It is not because a part of the government is elective, that makes it less a despotism, if the persons so elected possess afterwards, as a parliament, unlimited powers. Election, in this case, becomes […]

  This article addresses America’s current financial and economic situation. What it is not, is a treatise on tariffs or US politics – those two topics have been very thoroughly covered by a plethora of commentators. Rather, our focus herein is to examine America’s situ by employing the Austrian business cycle’s theoretical framework to better […]