My Long Journey to Rothbardian Sobriety
Everything possible is done to prevent the fraud of the monetary system from being exposed to the masses who suffer from it. —Rep. Ron Paul (R-TX), before the US House of Representatives, February 15, 2006 In the mid-sixties, having read about gold
The Carbon Capture Pipeline: The Latest Bridge to Nowhere
The carbon capture pipeline is the result of the latest gift to rent-seeking “titans of industry” and interestingly, may be used on some existing projects that came to be, years ago, due to rent seeking. More on this below. As we’ve
The Eurozone Falls into Recession as “Stimulus” Fails
Investor sentiment is clearly bullish. The CNN Fear and Greed Index for June 18th, 2023, stood at 82, which signals “extreme greed”. This is a drastic optimistic move after closing at “greed” (56 over 100) a month before and “extreme fear” (17
The Money Supply Keeps Falling After Its Biggest Drop Since the Great Depression
Money supply growth fell again in April, plummeting further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. April's drop continues a steep downward trend from the unprecedented highs experienced during much of
Rich Country, Poor Country. Why the Differences?
The scourge of poverty wounding citizens in the developing world has provoked much discussion in affluent countries. Quite unreasonably, rich countries have been indicted for inciting poverty in poor countries. Unfortunately, the assumption that prosperity stems from exploitation is still
Supreme Court Wrongly Upholds a Broadly Worded Speech Ban
Thomas A. Berry Today in United States v. Hansen, the Supreme Court upheld the federal criminal prohibition on encouraging or inducing violations of immigration law. To do so, the Court adopted a narrow interpretation of the statutory language at issue. The Court
Friday Feature: THRIVE Christian Academy
Colleen Hroncich Education entrepreneurs come from all walks of life. Monica Hall, founder of THRIVE Christian Academy near Atlanta, didn’t set out to start a school. She was serving as an Army chaplain and gradually realized her soldiers needed more support. This
MMT Says Government Debt Makes Private Saving Possible
Mises Institute Fellow Patrick Newman joins Bob to discuss a recent tweet from Stephanie Kelton, which argued that the government's "red ink makes our black ink possible." Patrick and Bob point out that these MMT tautologies are very misleading at
Deneen on Elitism
Last week, I discussed the way in which Patrick Deneen misreads John Stuart Mill in his book Regime Change. I’d like to continue the assault on Regime Change this week by looking at an argument he makes against libertarianism. Libertarians,
North Carolina Legislature Cracks Down on Delinquent Local Governments
Marc Joffe On June 21, the North Carolina State Senate overrode Governor Roy Cooper’s veto of SB 299, which imposes penalties on local governments that fail to file their financial audits within one year of the fiscal year’s end. The matter