The Lighthouse Weekly Newsletter: June 23, 2033 Fed Interest Hikes May End Up Having Unintended Consequences

Fed Interest Hikes May End Up Having Unintended Consequences

Judy Shelton (Wall Street Journal)

The latest data makes it clear. Inflation isn’t coming down. So, with a fiat currency, the Fed’s only remedy is to make the nominal interest rate higher than the inflation rate. But are we ready for the mass bankruptcies and defaults that would ensue? If we had sound money, we wouldn’t be here. READ MORE »

Money and the Nation State

The Financial Revolution, Government and the World Monetary System

Edited by Kevin Dowd, Richard H. Timberlake, Jr.

Four Reasons Biden’s Student Loans ‘Forgiveness’ Plan is Wrong

Richard K. Vedder (

Biden’s student-loan forgiveness plan is immoral, inequitable, not to mention probably illegal, and would weaken already shaky government finances. So why propose it? Simple. Higher education is a fervent ally of progressive elements within the Democratic Party. Yes, the president wants to go on a vote-buying spree. READ MORE »

Restoring the Promise

Higher Education in America

By Richard K. Vedder

The Pangloss Presidency

K. Lloyd Billingsley (American Greatness)

President Biden is fundamentally transforming a nation of abundance into a place of scarcity. A nation known for stability is being fundamentally transformed into a nation of insecurity. But the Delaware Democrat insists his administration is an unalloyed success and expects the people to clap approval. Mr. President, we are not seals, and American families are struggling. READ MORE »


Cooperation, Enterprise, and Human Action

By Robert P. Murphy

What the January 6 Committee Might Have Been

Victor Davis Hanson (American Greatness)

During the summer of 2020, antifa and BLM radicals looted and burned US cities, resulting in over 35 dead, some 1,500 police officers injured, and up to $2 billion in property damage. Congress is currently investigating the January 6 riot at the Capitol—but not these other riots. Why? Because the committee’s role is not inquiry but confirmation of a useful narrative. READ MORE »
WATCH: Victor Davis Hanson | Restoring the Idea of Liberty in America

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