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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
It may not have been created in the lab of a mad scientist, but the euro is still a manufactured, cobbled-together currency made from...
Politics
While recent European Parliament elections have raised questions about Ireland’s role in the EU, the truth is that Ireland’s historical role in civilizing Europe...
Politics
Herbert Butterfield, who taught history at Cambridge, had many insights on the sea changes brought about by World War I and the collapse of...
Politics
Modern egalitarians play down the idea of free will, claiming that free will is relevant only if individuals have no interference with their choices....
Politics
Socialist regimes tend to follow the same playbook: promise much, deliver little, and, in the end, blame capitalism. Venezuela is the latest socialist entity...
Politics
The Mises Institute is creating lessons for young economists to better help them evaluate and interpret economic events. Of course, these lessons also apply...
Politics
Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality. Instead, it...
Politics
Despite claims from progressive historians that US slavery was a natural outgrowth of a free market economy, the reality is that slavery would have...
Politics
The total number of employed persons has fallen by 66,000 since August of 2023. Moreover, the new job growth is almost all in part-time...
