Jason Scheurer

Jason Scheurer

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AP Photo/Lynne Sladky

There Is No Peak Oil–But We Are Approaching Peak Low-Cost Oil

We will finally learn, after more than 40 years of not knowing, what the free market supply/demand price of crude truly is. This knowledge will make it harder for secretive governments and corporations to manipulate prices in the future, while strengthening domestic production to weather supply shocks in the future.

AFP PHOTO / FABRICE COFFRINI

Switzerland May Be Preparing for the End of the Euro

Something is brewing in Europe now that has the Swiss National Bank worried. If you haven’t been paying attention in the last 24 hours, the currency and equity markets have been rocked by a surprise move to delink the existing currency peg

The War on Libertarians and Independents

The War on Libertarians and Independents

The U.S. electoral system is a farce. It is controlled with the same mastery with which Coke and Pepsi dominate the soda market. It is sold to the American public as if the free and open exchange of ideas is

IRS Retroactively Taxes Bitcoin

IRS Retroactively Taxes Bitcoin

Last week the IRS announced that Bitcoin is not a currency and is, instead, property. This has effectively turned tens of thousands of Americans into tax cheats and endangered the adoption of Bitcoin by wider audiences – even more so

The 77-Cent Gender Wage Gap Lie

The 77-Cent Gender Wage Gap Lie

During President Obama’s State of the Union, he decided to roll out another of those bold-faced distortions in an attempt to convince the public that the government must be called in to correct some “injustice” that simply does not exist.

The Death of Bitcoin or Another MF Global?

The Death of Bitcoin or Another MF Global?

The free market is a bitch. Yes I said it–no white washing, no fairytales. Just like real life, the free market is a harsh teacher. Those who grew up having always been told they’re “special” and having received trophies for

Obama Worse than Bush on Civil Liberties Abuses

Obama Worse than Bush on Civil Liberties Abuses

The emperor has no clothes. Now that the President has been exposed by the likes of concerned patriots like Edward Snowden, he is running around trying to rescue his legacy and save face to the staunch leftists who once supported

Minimum Wage and Unemployment: A Zero-Sum Game

Minimum Wage and Unemployment: A Zero-Sum Game

It is astounding that after decades of empirical evidence, there continues to exist misguided minds who fail to understand simple supply and demand and how these forces shape the minimum wage debate. Numerous studies across different times and locations have

Bitcoin: The Currency of the Internet

Bitcoin: The Currency of the Internet

Bitcoin will change the landscape of monetary transactions across the world for those seeking increased privacy. It may even threaten elements of the existing monetary system so much in the next few years that it fuels its own demise.  This

100 Years of Government Theft

100 Years of Government Theft

The United States gave birth to an abomination on December 23, 1913. It was conceived by a group of men right out of Rosemary’s Baby and consummated in a secret gathering place known as Jekyll Island. Some of the richest and

The Fracking Renaissance

The Fracking Renaissance

There is a boom coming from the private sector thatlooks to rewrite the American story for the next generation. It is possibly the life preserver this country needs as it attempts tocorrect itself from decades of expanding debts. These two

To Taper, or Not to Taper, That Is the Question

To Taper, or Not to Taper, That Is the Question

Our financial system is in such a state of myopia that rather than eyeing corporate earnings and other barometers of economic health, the market is solely fixated on how much longer the Fed is going to continue with its Quantitative

Drunks and Keynesians

Drunks and Keynesians

I have known my fair share of drunks in my day, real hardcore addicts who continue to believe they have their problem handled as their world crumbles around them. It is painful to watch and even harder to live through

Bubbles

Bubbles

The unprecedented expansion of the Fed’s balance sheet over the last few years looks like it may be setting us up for a bond bubble and future currency crisis of historic proportions. Looking over the $17 trillion in national debt, and the Fed’s

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