The transition team is rapidly revealing that Trump never had any intention of fundamentally changing how the American Empire functions.
World News
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The original Mont Pelerin Society meeting in 1947 featured Ludwig von Mises, whose warnings about the dangers of socialism and totalitarianism had gone unheeded. In the wreckage of World War…
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Even though DEI (Diversity, Equity, and Inclusion) has been taking a beating with some state legislatures, it still has a corrupting influence, especially in higher education. As Murray Rothbard pointed…
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While the US Constitution made the US a large free trade zone, prohibiting states from erecting trade barriers against each other, it also empowered the central government to erect tariffs…
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One sign of a fraying society is that its laws increasingly become political tools. The latest round involves Democrats trying to use criminal law in a very questionable way to…
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A common belief among economists is that the central bank determines what interest rates should be. But is that accurate? Indeed, there is more to the story.
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When the bankers called for a central bank in the US, they claimed to only want a way to stop bank runs. It turns out that they wanted—and got—much more.…
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Contra Marx, the laws of economics are immutable and are the same no matter what historical epoch exists. Economies cannot flourish unless market prices, private property rights, and profits and…