Previewing President Biden’s trip to Europe last week, US National Security Advisor Jake Sullivan said that, “the president is traveling to Europe to make sure we stay united.” That sure didn’t go as planned. This may have been the most disastrous – and dangerous – Presidential overseas trip ever. The US and its NATO allies have repeatedly
The US Senate will soon vote on Federal Reserve Chairman Jerome Powell’s nomination to a second term. One of the senators opposing Powell is Elizabeth Warren. I don’t often agree with Senator Warren, but I do agree with her assessment that Powell is “dangerous.” However, Warren actually doesn’t understand what makes Powell, or any Fed chairman,
President Biden may have recently made history as the first president to discuss snack chips in the State of the Union message. He used snack chips to illustrate the phenomenon of shrinkflation. Shrinkflation occurs when businesses reduce the amount of goods sold in order to avoid raising prices. President Biden pointed out that businesses hope
President Joe Biden announced last week that the United States would be funding – and possibly fighting - three wars in three different parts of the world at the same time. It is an ambitious foreign policy for a president who doesn’t even seem to be able to express a coherent thought without the help of a teleprompter. Nearly every word of
Louisiana Republican Mike Johnson has been chosen as the new Speaker of the House of Representatives, ending the three-week drama. Representative Johnson has a reputation as a fiscal and social conservative. He has at times opposed funding the Ukraine war, suggesting he may be open to non-interventionist arguments or at least unwilling to give the
Federal spending is so out of control that it only took three months for the federal debt to increase by one trillion dollars to over 33 trillion dollars. In contrast, it took almost 200 years for the federal debt to reach one trillion dollars. So the federal government racked up more debt in the last three months than it did from the ratification
Last week we witnessed a dramatic, historical first: A Speaker of the US House of Representatives was removed from that position by a vote from Members of that body. US Rep. Matt Gaetz was able to gather enough Republicans dissatisfied with the leadership of then-Speaker Kevin McCarthy to send him packing. What was the last straw? According to
Those who called Hamas’s attack on Israel “Israel’s 9/11” were more accurate than they realized. Just as the US reacted to 9/11 by fulfilling Osama bin Laden’s wish that the US would get bogged down in no-win wars, Israel’s reaction to the Hamas attack fulfills Hamas’s likely goal of radicalizing more Palestinians. The result of Hamas’s attack
The clash between the Biden Administration and Texas spilled out into the open last week, when the US Supreme Court ruled that Federal authorities could remove razor wire that Texas Governor Greg Abbott had been installing along the border with Mexico to stop the millions of illegal immigrants from crossing over to the United States. This time
A rare instance of an unexpected consequence of a bad policy advancing liberty is the growth in private schools enrollment and homeschooling that occurred as a result of the covid lockdowns. An October 2023 study by Eloise Burtis and Sofoklis Goulas of the Brookings Institution found that 79 percent of American school-age children were enrolled in
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.