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Politics

The Federal Reserve might be experiencing a change of leadership, but the process of currency debasement that began more than a century ago continues.

Politics

Even the federal government’s official data shows that price growth is well above the Federal Reserve’s two-percent target. In fact, price inflation is now...

Politics

Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.

Politics

Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit...

Politics

Record-low consumer confidence and record-strong corporate earnings aren’t a paradox: they’re the Cantillon effect in real time. Mark Thornton explains who inflation rewards, who...

Editor's Pick

Walter Olson President Donald Trump’s attempt to engineer a $1.8 billion taxpayer-funded slush fund for those in legal trouble for promoting his interests, as...

Editor's Pick

David J. Bier The Department of Homeland Security (DHS) announced Friday that it will cease granting green card applications except in extraordinary circumstances. In...

Editor's Pick

Thomas A. Berry and Alexander Xenos The government must be neutral when it sets rules for what private citizens may say, but the government...

Politics

Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.

Politics

Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.

Editor's Pick

Jai Kedia and Norbert J. Michel Kevin Warsh was sworn in as the new Federal Reserve chair today. He has described his goal as...

Politics

RMP is not QE, nor is it QT. It is an unprecedented, interventionist, unsound policy. The Fed is no longer backstopping the long end,...

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