Tag Archives: Featured

One of the great myths of US history is that Herbert Hoover was a laissez-faire president. In truth, he intervened in the economy more than any of his predecessors, creating the crisis known as the Great Depression. His successor made things even worse. [embedded content] Tags: Featured,newsletter

Frédéric Bastiat is well known for his radical free-market positions as expressed in his still-famous book The Law and in insightful essays such as "That Which Is Seen and That Which Is Not Seen." Joseph Schumpeter called Bastiat "the most brilliant economic journalist who ever lived." Bastiat's radicalism did not end with economic policy, however. Bastiat, like most other radical liberals of his period—such as Richard Cobden, John Bright and Charles Dunoyer—was a...

When the latest CPI number came in hot at 0.4% for March and the annual core CPI inflation rate held at 3.8%, Betsey Stevenson, professor of economics at the University of Michigan appearing on CNBC’s Squawk Box said nonchalantly “Three percent inflation is no big deal.” The comment got a rise out of co-host Becky Quick who reminded the professor that the three percent was adding on to the already higher prices consumers continue to suffer with. To Ms. Quick’s point,...

A recent undercover video interview with a Fed economist by a Daily Caller reporter contains explosive revelations about the profoundly anti-democratic doings of the Fed.    In the video, Federal Reserve principal economist Aurel Hizmo, a speech writer for Fed Chair Jerome Powell, reveals “classified information” about how Powell deliberately acted to undermine President Trump and expand Fed activities far beyond its legislated monetary policy mission...

House Speaker Mike Johnson betrayed liberty and the Constitution by making a full-court press to get a “clean” reauthorization of Section 702 of the Foreign Intelligence Surveillance (FISA) Act through the House.Section 702 authorizes warrantless surveillance of foreign citizens. When the FISA Act was passed, surveillance state boosters promised that 702 warrantless surveillances would never be used against American citizens. However, intelligence agencies have used...

Where’s Jerry Garcia of the Grateful Dead? Seriously, what list of the greatest rock guitarists of all time would not—could not—include him? Sure, I know the internet article was just some teaser to get me to mindlessly click through an ad-laden list. But still, no Garcia. I object: Who wrote this article?And that is the question of the day: “Who wrote this article?” Was it really written by the suspicious name on the byline—as if the author is the protagonist in...

There is little doubt that John Mearsheimer is one of the most prominent, and controversial, thinkers in the field of international relations alive today. His most important work, The Tragedy of Great Power Politics (2014, New York: Norton), continues to be the de facto handbook to the theory of offensive realism and this theoretical lens has played a very prominent role in the debate over the underlying causes of the ongoing war between Russia and...

USD/CHF hovers below 0.9152, the highest since October reached on Monday. US Dollar strengthened as higher Retail Sales amplified expectations of the Fed prolonging higher policy rates. Swiss Franc faces challenges due to the likelihood of SNB implementing another rate cut in the June meeting. USD/CHF recovers its recent losses registered in the previous session, trading near 0.9120 during the early European hours on Tuesday. The strength of the US Dollar (USD)...

"Over the past three years, the word sedition has again become popular among regime agents and their friends in the media. It's not the first time the word has been frequently used. In the American context, it's frequently employed whenever the ruling class wishes us to become hysterical about some real and imagined enemy, both domestic and foreign."This event was co-hosted by the Mises Institute and the Ron Paul Institute, and recorded in Lake...

In a 1964 article in the Yale Law Journal titled The New Property Charles Reich argued that “government largesse” is an increasingly important source of wealth and should thus be understood and regulated as a new form of property. Reich argued that “Property is a legal institution, the essence of which is the creation and protection of certain private rights in wealth of any kind” and that “Property is not a natural right but a deliberate construction by...