The American TFP

Is the World Economy Trapped in a “Death Spiral”?

by John Horvat II December 16, 2020February 16, 2016

Everybody is looking for ways to describe the dire state of the world economy. Some have used Crisis with a capital C, a sinking Titanic or a perfect storm. These are all dramatic expressions to describe a very serious situation. However, the latest metaphor being used is even more dramatic. Leading economists … Read more

Whatever Budapest Wants

by Plinio Corrêa de Oliveira October 11, 2016October 20, 1974

On the basis of the memoirs of Cardinal Mindszenty published in The Sunday Telegraph, I wrote last Sunday about the simultaneous moves of Paul VI and Nixon, carried out according to the imperative desire of the Communist government of Budapest, in order to uproot the glorious Prelate from Hungarian soil. I described … Read more