Politics
For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even...
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Politics
What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is...
Politics
With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in...
Politics
Tom Luongo explains the different factions among bankers, including rivalries between New York and San Francisco, and the US versus Europe.
Politics
John Maynard Keynes was an English “economist” who spawned a revolution in economic thinking that emerged out of a cesspool of socialist thinking in...
Politics
“In 1998, Murray Rothbard wrote a great monograph called Ludwig von Mises: Scholar, Creator, Hero. I’d like to concentrate today on the third of...
Politics
One of the outcomes of the American Civil War was the movement toward centralization of political power in Washington. The Reconstruction regime imposed upon...
Politics
Regulators with the European Union want people to believe that the “dead hand” of government regulation actually enhances competition. The only thing their actions...
Politics
It’s Ludwig von Mises’s 143rd birthday! On the 100th anniversary of his birth (1981), George Reisman penned this tribute honoring Mises’s brilliance, courage, and...
Politics
Thanks to increasingly broad car-seat laws, a third child often requires the purchase of a larger, more expensive vehicle. At the margins, this has...
Politics
When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common sense.” That...
Politics
While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was...
