FDR against the Bill of Rights
In this week’s column, I’d like to raise two questions suggested by David Beito’s excellent book The New Deal’s War on the Bill of Rights, which I reviewed last week. First, how can it be that Franklin Roosevelt has acquired
Why Argentina Needs Free Cities
As the libertarian anarchocapitalist Javier Milei ascends to the Argentinian presidency, the parting of the ominous clouds of socialism has brought about the rising sun of libertarianism on the South American continent. The Argentine legislative system, consisting of the Senate
Why the Fed Sends Mixed Messages on Rate Cuts
The Fed's Federal Open Market Committee released the minutes to its December meeting yesterday, and the minutes further strengthen the view held by many Wall Street investors and observers that the Fed plans to implement rate cuts by the middle
Trump’s Immunity Claims Aren’t Likely To Let Him Escape Accountability
Walter Olson Before the U.S. Court of Appeals for the D.C. Circuit this week, Donald Trump is arguing sweeping claims of immunity from prosecution for acts he committed as president. The case raises questions of whether and when high officials may
Exposing the Price Level Myth
Price inflation statistics were a hot topic in 2023. Official measures, like the Personal Consumption Expenditures Price Index (PCE) and the Consumer Price Index (CPI), rose to levels not seen in over four decades. These measures were under commentators’ microscopes as
Culture, Ideas, and Growth: Reflections on Mokyr and Bauer
James A. Dorn Joel Mokyr’s widely acclaimed book A Culture of Growth (2018) has important parallels to the work of Peter Bauer (1915–2002), a pioneer in development economics. Both economists recognize the importance of culture and a competitive market for ideas
Truth Is the Biggest Threat to Democracy in DC
It seems U.S. government officials are entitled to blindfold and deceive the American people to avoid “intruding” on foreign leaders planning a military attack? This theory of democracy gets curiouser and curiouser. Original Article: Truth Is the Biggest Threat to Democracy in
Zoning Laws: Wolves in Sheep’s Clothing
While zoning laws do not explain all homelessness in this country, they help make housing less affordable, putting more people on the streets who no longer can pay for a place to live. Original Article: Zoning Laws: Wolves in Sheep's Clothing
The Bill of Rights: The Only Good Part of the Constitution
The Bill of Rights turns 232 years old today. Adopted in 1791 as a consolation prize for the Anti-Federalists, it has been the most important part of American legal history since the 18th century. Original Article: The Bill of Rights: The Only Good Part
Experiencing the Rothbard Graduate Seminar: Who Should Apply
Why did you want to attend RGS? I attended the Rothbard Graduate Seminar (RGS) in 2023 for several reasons. For one, it fulfilled a requirement as one of the final classes to complete the Mises graduate program. Additionally, RGS was part