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Javier Milei Ended a DC-Sized Deficit in...Nine Weeks

Blog3 hours ago

How did he do it? Easy: he cut a host of central government agency budgets by 50% while slashing crony contracts and activist handouts.

ireland

The Worst Argument Against Secession: "We Tried It Before"

Blog4 hours ago

By the logic of "we tried it before," the Soviet victory over Lithuania in 1953 meant that the question of independence was settled forever, and that Irish secession was forever verboten after the Easter Rebellion failed. 

Anti-Wild Cards

5 hours agoMises Media

What will the next wild card be? Mark looks back at some historical examples.

Biblical Critical Theory Is Not Biblical. It’s Watered-Down Marxism

Blog5 hours ago

Christianity Today and other Christian publications are touting a book that claims to be based upon “biblical critical theory.” It’s yet another version of Marxism that is neither critical nor biblical. It’s just more Marxism.

The Tyranny of the 1964 Civil Rights Act

Blog5 hours ago

While “wokeness” seems to be a new phenomenon, the problems are tied to a sixty-year-old “landmark” law: the 1964 Civil Rights Act. This law, unfortunately, promotes government tyranny in the name of freedom.

Does Libertarianism Require Support for Open Borders?

02/23/2024Mises Media

Dave Smith makes the Rothbardian/Hoppean case for government restriction on immigration, arguing that it's a second-best solution given the undeniable fact of government control of "public" property.

US States Have a Long History of Defaulting

Blog02/23/2024

As the federal government's debt approaches $35 trillion, default one way or another is inevitable. Many US states already have used that method to eliminate their debts.

Misunderstanding Both Lincoln and Basic Economics

Blog02/23/2024

Princeton “historian” Allen C. Guelzo’s newest hagiography of Abraham Lincoln focuses on Lincoln’s supposed love affair with commerce, albeit “commerce” based upon protectionism and government tariffs. As David Gordon notes, Guelzo has a problem getting his economic history correct.

Hubris Runs Rampant at the Fed

Blog02/23/2024

In a recent interview with 60 Minutes, Fed chairman Jerome Powell gave assurances that the US banking system is sound. Ben Bernanke also claimed almost twenty years ago that real estate markets were not overextended. The hubris must be in the water at the Eccles Building.

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