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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
More than ninety central banks worldwide are increasing interest rates. Bloomberg predicts that by mid-2023, the global policy rate, calculated as the average of major central...
Politics
There appears to be a six-million-man gap between the number of men in the prime age group—age 25–54—and the number of those men actually...
Politics
December 16, 2022, is the fifteenth anniversary of the modern Tea Party. That fact will come as a surprise to many readers who take...
Politics
It’s been said there’s no such thing as a controlled experiment in the social sciences, including economics. But we had something close to a...
Politics
While many market participants are concerned about rate increases, they appear to be ignoring the largest risk: the potential for a massive liquidity drain in...
Politics
Like the police in similar communities, the Moscow, Idaho Police have long focused on petty drug offenses while more serious violent crime and property crime receives...
