Peter's Blog

The High Cost of a Society Riddled With Debt

Whether for nations, businesses, or consumers, debt is highly marketed and highly utilized. While debt is a core driver of business success, the extent to which it is used is actually extremely harmful and is a market inefficiency driven by government incentives. The choice to embrace debt made by almost every modern nation has trickle-down […]

50-Year Mortgages Are A Trap

With the Trump administration increasingly desperate to create any illusion of prosperity, a new proposal was introduced to create federally-backed 50-year mortgages to make housing “more affordable.” The plan promises lower monthly payments that Trump says would open the door to millions of would-be buyers priced out of the current market.  But as ultra-long term […]

Is Capitalism Really to Blame for an Aesthetically Dreary Society?

Whether it is the right criticizing progressive or alternative forms of architecture, or the left criticizing the horrific style choices of right wing pundits, it is an undeniable fact that a lack of beauty is perceived as somehow linked to a lack of virtue. While it is common for party members to cherry-pick specific examples […]

Fed Governor Waller Calls for More Easing as Inflation Persists  

Federal Reserve Governor Christopher Waller told the Society of Professional Economists in London Monday night that he backs another 25-basis-point cut at the December FOMC meeting, calling the move “additional insurance” against a slowing labor market. His speech, delivered barely a month after a 43-day U.S. government shutdown halted many official releases, leaned heavily on […]

Why Division in the Right is Different this Time

The recent drama at the Heritage Foundation was a wakeup call to many on the right that the traditional conservative alignment had radically shifted. While it was ultimately a disagreement over tone, the controversy it caused made more evident fault lines that have begun to become far more visible since Trump’s inauguration in January. The […]

The Paradox of Mamdani’s Paradise

When Zohran Mamdani ran for mayor of New York City, his platform promised paradise: rent freezes on stabilized apartments, free city buses, universal childcare from six weeks to age five, city-run grocery stores not motivated by profit, and a minimum wage of $30 per hour by 2030, all funded by higher taxes on corporations and […]

The Lobbying Paradox: How Free Speech Can Undermine Economic Freedom

Lobbying is blamed for a multitude of evils by people from every area of the political spectrum. While it is extremely unpopular, its role in shaping the US’s regulation and national character is undeniable. This seems like a non-statement, but the normalization of lobbying as it is currently done has greatly damaged both America’s institutions […]

Why the Right Should be Boring Again

From the 1920s to 2016, one of the strongest factions of the right has always been the boring “small government conservative.” With notable exceptions, like an idealistic vision for world peace backed by US military supremacy, the party primarily stayed constant in their role as the adults in the room to push back against unrealistic […]

The Stability of Swiss Subsidiarity

What if I told you of a land in which people could vote on the state’s ability to tax them? If the state had not given anything worthwhile to the people, they could in principle refuse to be taxed until the state regained their trust. The states and towns are largely free to decide upon […]

Modern Silver Bull Markets: 1970s to Today

Silver has been long-maligned as the “poor man’s gold,” but history shows that when it runs, it often outperforms gold by multiples. In fact, silver has delivered some of the most dramatic bull markets in modern financial history. As we watch silver gather momentum in the current cycle, it’s worth looking back at previous silver […]