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President Trump is levying high tariffs without consent of Congress, despite the fact that the US Constitution gives only Congress the power to set...
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Politics
Dr. Fegley is a Fellow of the Mises Institute and chair of business and economics at Montreat College. In 2023, he joined the Mises...
Politics
The success of the American Revolution struck a heavy blow against the mercantilist system. But unfortunately, the wound was not mortal.
Politics
Marx failed to grasp that there are laws of human action that apply universally. His understanding of economics was far inferior to that of...
Politics
The Central bankers of the world, apparently losing confidence that they can fix the inflation they created, are turning to Plan B: blame the...
Politics
Official Washington and its Court Media are up in arms that someone has told the truth via leaking government documents. They won’t rest until...
Politics
A mom in the neighborhood recently made trouble. Macroeconomic trouble. Here is a way to spot such trouble, and how to help nurture the...
Politics
Last week the House passed legislation increasing the debt ceiling. The bill was supported by all but four Republicans. For some Republicans, this was...
Politics
The Austrian business cycle theory teaches us that low interest rates manipulated by the central bank lead to malinvestments, which are cleared when the...
Politics
Even when currency is backed by gold, governments have many political reasons to pursue national, territorial currencies. Now there are hundreds of national currencies....
Politics
Adherents of leftist dogma increasingly push the notion that teachers should be permitted to distract, confuse, or influence their students by discussing their personal...
Politics
Economists are becoming more appreciative of how historical episodes shape future events. The resurgence of history as an explanatory tool has led economists to...
Politics
Donald Trump legally pays hush money and prosecutors try to fashion a crime from it. However, if a president lies and thousands of people...
Politics
The taming of monetary policy necessary to slow price inflation has triggered a corrective trend in the valuation of financial instruments. Many big banks...
