126 Parole Orders over 7 Decades: A Historical Review of Immigration Parole Orders
David J. Bier President Biden has used the immigration authority known as “parole” to permit many immigrants to enter the country or remain in the country legally. But his actions have deep historical precedent. Under section 212(d)(5) of the Immigration and
Censorship through the Centuries: Free Speech Suppression by the Government and the Mainstream Media
The United States government, which prides itself in being the leading force in defending freedom throughout the world, has a history of putting a muzzle on news organizations and individuals throughout its history. From the early colonial period to the
House Appropriations Subcommittee Zeroes Out California High‐Speed Rail
Marc Joffe Last week the House Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies approved a Fiscal Year 2024 budget that forbids the Biden administration from granting additional funds to the California High‐Speed Rail project. The marked‐up budget bill
Wasn’t Lower Inflation Supposed to Be Impossible without Higher Unemployment?
Alan Reynolds A paper on “Managing Disinflation” was recently presented at Chicago Booth by former Fed Governor Frederic Mishkin, and four distinguished co‐authors. “There is no post‐1950 precedent for a sizable central‐bank induced disinflation,” they concluded, “that does not entail substantial economic
How US States Could Pave the Way for Currency Competition
The fiat US dollar, while still the world's "reserve" currency, is being imperiled by reckless actions by monetary authorities. Other countries are taking notice—and action. Original Article: "How US States Could Pave the Way for Currency Competition"
Myth #7: Deflation — Falling Prices — Is Unthinkable, and Would Cause a Catastrophic Depression
Recorded by the Mises Institute in the mid-1980s, The Mises Report provided radio commentary from leading non-interventionists, economists, and political scientists. In this program, we present another part of "Ten Great Economic Myths". This material was prepared by Murray N.
The BRICS Currency Project Picks Up Speed
On Friday, July 7, 2023, news broke in the financial market media that the “BRICS” (that is, Brazil, Russia, India, China, and South Africa) will implement their plan to create a new international currency for trading and financial transactions,
The Government vs. the People, Kamala Harris Version
It is no surprise to libertarians that what is in the interest of the government might not be in the interest of people in general. More often than not, the government’s interest is directly at odds with the interests of
The Dollar is Down
In this episode, Mark looks at the "minor issue" of the value of the dollar. While everything in the economy seems great—including stock markets, price inflation, unemployment, and consumer confidence—the value of the dollar index has fallen 12% during the
Mercantilism: A Lesson for Our Times?
Mercantilism has had a "good press" in recent decades, in contrast to 19th-century opinion. In the days of Adam Smith and the classical economists, mercantilism was properly regarded as a blend of economic fallacy and state creation of special privilege.