Default by Inflation Is the Real Drama in the Global Debt Market
The real drama of default in global markets has not been the federal debt ceiling negotiations in Washington but the write-off by inflation. The issue of whether it turns out that the US Treasury for a few weeks has been
What’s in the Republican Economic Tax Package?
Adam N. Michel Ways and Means Committee Republicans recently introduced the American Families and Jobs Act, an economic tax package that addresses significant ongoing tax increases on domestic investment built into the 2017 Tax Cuts and Jobs Act. Most of
On Investigating Presidents
Patrick G. Eddington As you probably have heard or otherwise know by now, the 37‐count indictment against former President Trump has been released (WARNING: large file). I’ve highlighted a number of sections in yellow that I think are particularly telling. For the benefit of
Trade in Real Life: Sorry Charlie (and Senator Warner) for Terrible Tuna Tariffs
Gabriella Beaumont-Smith During the pandemic, Senator Mark Warner (D‑VA) released a video showcasing his tuna melt recipe—complete with a surprising amount of mayonnaise and heated in a microwave (no judgement). The “unhinged” recipe video went viral and three years later, Washingtonian sat down with
Myth #2: Deficits Do Not Have a Crowding-Out Effect on Private Investment
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.
Licensing Laws Deepen South Africa’s Electricity Crisis
Since 2007, South Africa has been experiencing an electricity crisis. Eskom (a South African state-owned company) cannot produce enough electricity to meet increasing demand, so Eskom has implemented rolling blackouts, which is also called “load shedding” by the South African
Hit by Scandal, Petro Can Still Ruin Colombia
Daniel Raisbeck Less than a year ago, I wrote of the almost certain regret that awaited the prosperous, urban, multiple‐degree‐holding types who voted for Gustavo Petro, Colombia’s Chavista president. They thought they had supported a Nordic‐style social democrat—failing to notice that they had helped
Individualism in the US Has Helped Make It an Economic Success
Individualism, while condemned in some cultures, has helped make this country economically successful. Will the influx of immigrants from cultures that devalue individualism reverse that success? Original Article: "Individualism in the US Has Helped Make It an Economic Success"
Higher Corporate Profit Margins Aren’t Causing Inflation
The usual suspects such as Robert Reich claim that corporate profits are causing inflation. Actually, increases in corporate profits are tied to increases in inflation. Original Article: "Higher Corporate Profit Margins Aren't Causing Inflation"
“Trans Rights” Means Trans Entitlements and the End of Civil Society
The trans rights movement has quickly moved into government coercion and outright violence. There is nothing libertarian about what is happening in this movement today. Original Article: "“Trans Rights” Means Trans Entitlements and the End of Civil Society"