Fossil Fuels Enable Us to Better Fight Fires and Other Environmental Disasters
This week we’ve seen a relatively unprecedented environmental phenomenon in New York City. Canadian wildfires have led to the worst air quality New York has ever had—and the worst air quality anywhere in the world right now. The air has
David French Gets to Sit with the Cool Kids at the NYT Lunch Table
Most of us would like to forget many of the unpleasant aspects of our adolescence, and especially our days in middle and high school. No matter what the school setting, private or public, every place had its “cool kids” who
Commodity Prices Debunk the “Blame Ukraine” Excuse for Inflation
Most politicians have used the “Ukraine invasion card” to justify the massive inflationary burst in 2021-2023. It does not matter if inflation was already elevated prior to the war. Supply chain disruptions, demand recovery, wage growth… Many excuses were used to
Secession Means More Choices, More Freedom, Less Monopoly Power
[This article is Chapter 1 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities. Now available at Amazon and in the Mises Store.] Because of their physical size, large states are able to exercise more state-like power than geographically
Medicare Is Not Taxing or Coercing Merck, Just Reducing Its Government Subsidies
Michael F. Cannon Pharmaceutical giant Merck is suing Medicare, claiming new drug‐pricing reforms that Congress enacted in last year’s Inflation Reduction Act coerce the company into selling its wares to the program at below‐market prices. In the Wall Street Journal, attorney
Decentralization Defined: House Crypto Discussion Draft Offers a Glimmer of Hope for U.S. Crypto Policy
Jack Solowey and Jennifer J. Schulp While the Securities and Exchange Commission (SEC) leans into regulating crypto by enforcement, lawmakers in the House are looking to lay a foundation for rationalizing U.S. crypto policy—releasing a Digital Asset Market Structure Discussion Draft last Friday
Statement on Trump Indictment
Clark Neily Reports that Donald Trump has been indicted on federal charges of mishandling classified documents, obstruction of justice, and conspiracy raise a host of mind‐boggling questions, including whether it is possible for someone to run for president while incarcerated, whether a newly
Friday Feature: Oklahoma Parental Choice Tax Credit Program
Colleen Hroncich Oklahoma parents will soon have an easier time affording the educational options that work best for their children. On May 25, Governor Kevin Stitt signed legislation creating the Oklahoma Parental Choice Tax Credit Program. Previously, Oklahomans had access to
Can We Protect Ourselves from Inflation?
Despite all of the inflation-fighting talk from the Fed, the truth is that the government benefits from inflating the currency. We need to know how to defend ourselves. Original Article: "Can We Protect Ourselves from Inflation?"
Rothbard on Utilitarianism
No matter how many times you have read a book by Ludwig von Mises or Murray Rothbard, you will find new insights if you read the book again. I found this to be true when preparing for Rothbard Graduate Seminar