Why is the Trump administration levying tariffs? Are they for tax purposes? Protecting domestic industries? Bargaining chips for international deal making? The administration and its supporters have floated mutually-exclusive reasons…
World News
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During 2024 taxpayers were on the hook for $1.13 trillion in interest on the debt. That’s nearly $7,400 for each of the 153 million people who file tax returns.
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Amtrak subsidies keep many of Amtrak‘s routes alive despite the fact that ridership is down on many of them. These subsidies guarantee that Amtrak will be a second-rate, undercapitalized passenger…
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If wealth could be created out of scraps of paper or their digital equivalent, world poverty would be a thing of the past. Remember, the commodity money takes care of…
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The United States is dangerously close to entering yet another war in the Middle East. But this one has the potential to be a lot costlier for the American people…
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Before he revolutionized economics, Rothbard mastered the mainstream. Salerno traces Rothbard’s path from neoclassical insider to Austrian iconoclast.
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Trump says he wants the US central bank to be more like the European Central Bank which has been more aggressively forcing down interest rates in recent months.
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Bitcoin and gold are now playing the essential role that central banks should be enforcing.
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Trump is now weighing sending in the US military. This presidency looks like an extension of George W. Bush’s.
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Bitcoin and gold are now playing the essential role that central banks should be enforcing.