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One of the most repeated lessons we see over and over again throughout human history is that bumbling politicians almost invariably try to ‘fix’ inflation with price controls. Emperor Diocletian famously imposed strict price controls across the Roman Empire in 301 AD to fight off inflation that had resulted from a massive debasement
On Wednesday July 3rd in the year 1315, King Louis X of France– also know as “Louis the Headstrong”– issued a groundbreaking edict. “Whereas, according to natural right, everyone should be born free. . .” he began. “Many persons amongst our common people have fallen into the bonds of slavery, which much displeaseth
Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Oregon Schools To Provide Tampons in Boys’ Bathrooms A new law taking effect this fall requires all schools in Oregon to provide free menstrual
Zhang Hongbing was 14 years old when the Cultural Revolution began to sweep China in 1966. But even though the Chinese Communist Party had already been in power for nearly two decades by that point, Chairman Mao still believed that there was too much capitalist influence in China. So he decided to completely
By the early Spring of 1696, England was on the brink of a major currency crisis that had been building for decades. This was back in an era where English money was primarily silver; more than 1,000 years ago, in fact, Britain’s pound sterling was originally struck by Anglo-Saxon kings in the British
Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. CDC Secretly Tracked Americans’ Locations During COVID Lockdowns During the pandemic, the CDC (Centers for Disease Control and Prevention) secretly tracked Americans’ locations, according
Elon Musk may be the richest man in the world, but he has a long way to go before he catches up with Jakob “The Rich” Fugger—a powerful merchant banker who lived in the 1500s. (Fugger’s name rhymes with ‘cougar’, not ‘bugger’. But as you’ll see below, it was aptly spelled ‘Fucker’ on
Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. 71% Of Elementary Math Textbooks in Florida Contained Woke Indoctrination Earlier this month, Florida’s Education Commissioner announced that 132 text books had been submitted
In 1962, a movie theater in Ohio screened a French film called Les Amants, which contained a risque sex scene. And, simply for showing the movie, the theater’s manager was arrested and convicted of violating Ohio’s obscenity laws. The manager appealed his conviction, and the case made it all the way to the US
On April 8, 1985, a Texas-based energy company called Mesa Petroleum launched a hostile takeover bid for the Union Oil Company of California, or Unocal. Mesa had been founded in 1956 by legendary oilman T. Boone Pickens; and by the 1980s, Pickens had become a well-known corporate raider in the oil and gas
Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Rhode Island: Mandatory Vax or Pay Double Your Income Tax A bill introduced in the Rhode Island legislature would require every eligible person who
In the late 1960s, the central planners in the Soviet Union decided that they needed to do something to boost their winter food supplies. So they decided to build a massive greenhouse complex where they could grow year-round food. You’d think they would have picked a better location, perhaps in one of the
Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Palm Springs to Give Universal Basic Income to Trans Residents The city council of Palm Springs, California has unanimously approved funding for a new
[Editor’s note: This letter was written by Sovereign Man’s Chief Investment Strategist Tim Staermose from Dar es Salaam, Tanzania] One of my favorite things about being a full-time frontier markets investor who actually lives on the ground here in Africa is that it’s like stepping back in time. I started my investment career
On the morning of September 2, 1715, Philippe d’Orleans prepared for an impossible task. King Louis XIV had just died the day before after a painful struggle with gangrene, leaving his five-year old great grandson to inherit the throne. Philippe had been appointed regent the week prior, meaning that he would rule France
