Doug Casey

International Man: There’s little doubt the self-anointed elite are hostile to the middle class, which is on its way to extinction thanks to soaring inflation and taxation.

A goodly part of the “strong” economy illusion derives from cherry-picking the hideously misleading numbers contained in the BLS establishment survey's monthly “jobs” count. As we noted in my previous piece, for instance, the index of hours worked in the high-pay, high-productivity goods-producing sector has actually contracted by 18% since peaking way back in 1978, but that has purportedly been more than off-set by a 128% rise in the hours index for the Leisure & Hospitality (L&H) sector, of which 75% is attributable to bars, restaurants and other food service operations.

In 1759, Scotsman Adam Smith, who is widely regarded as the world's first true economist, published his first great work, The Theory of Moral

International Man: The 2024 US presidential election is a short time away. What types of surprises or twists could we expect? Doug Casey: It’s long been said that there’s usually an October surprise. So what might happen between now and then? All things considered, I expect the Democrats to win. Despite the fact that voting for a pair of hard-core leftists is clinically insane on the part of the average American, I think that they’ll win. The capite censi support leftist views on almost all major issues; the collectivists and statists have long since captured the moral high ground. Plus, the Dems … Continue reading →

As should be evident by now, Donald Trump is about 90% bombast and 10% substance when it comes to policy matters. But every now and then one of his word bombs finds its mark, as this one did when he dissed the presumptuous little pissant who shuttled-in from Kiev last week to embark upon still another American treasure hunt. Referring to Zelensky, the Donald averred,

Like waves on the ocean, countries tend to go through economic cycles.

International Man: In the 2020 Presidential elections, there were allegations of cheating, voter fraud, and all sorts of shenanigans.

International Man: Whether it’s at the grocery store, the mall, restaurants, or airports—anywhere you turn—people are finding inferior goods and services at higher prices. Living standards have taken a big step backward recently and are trending even worse. What is really going on? Doug Casey: There’s an inclination on the part of people to blame the producers of products—the butcher, the baker, and the gasoline maker—but that’s actually very silly, insofar as these people create real wealth. They’re fighting the effects of government inflation, which doesn’t create anything but fiat currency and fiat credit, which is what actually takes the prices higher. … Continue reading →

The national elections this November 5 (Guy Fawkes Day, FWIW) have every chance of turning into a chaotic catastrophe. I’m not, therefore, going to discuss either candidate. Let’s instead talk about principles. That’s something few people discuss these days.

Democracy is vastly overrated. The national elections this November 5 (Guy Fawkes Day, FWIW) have every chance of turning into a chaotic catastrophe. I’m not, therefore, going to discuss either candidate. Let’s instead talk about principles. That’s something few people discuss these days. “Democracy” is not like the consensus of a few friends agreeing to …