#HankeInflationDashboard: This week’s top 5 inflators by my measure: 
🇻🇪 Venezuela — 258.9%/yr
🇸🇸 South Sudan — 104.3%/yr
🇮🇷 Iran — 57.5%/yr
🇿🇼 Zimbabwe — 53.6%/yr
🇲🇲 Myanmar — 47.7%/yr pic.twitter.com/z6XKsRREeU

— Steve Hanke (@steve_hanke) July 1, 2025

The worst case would be to turn Fannie and Freddie back into government-sponsored enterprises again, with a free government guarantee to subsidize the investors.

This year the Ron Paul Institute will host its sixth class of Ron Paul Scholars and that means if you are a student interested in peace and prosperity, a non-interventionist foreign policy, liberty, and in making contacts among like-minded peers, we welcome your application to be a 2025 Ron Paul Scholar!

What is it?

The US Senate worked through the weekend on the “Big Beautiful Bill.” The goal was to pass it quickly to ensure the House will then pass it and send it to President Trump’s desk before the July 4th holiday.

However, disagreements among Republican Senators over reductions in spending on programs including Medicaid and food stamps as well as language in the bill eliminating “clean energy” tax credits were preventing Senate Republican leadership from getting enough votes to pass the bill.

The Ron Paul Scholars Seminar is a one-day, interactive foreign policy and civil liberties “boot camp,” with lectures from some of the most thoughtful pro-liberty/pro-peace experts.

In my remarks this evening, I would like to set the stage for the Rothbard Graduate Seminar by addressing a pernicious and deeply entrenched myth about Murray Rothbard and Man, Economy, and State: namely, that Rothbard possessed a superficial knowledge of mainstream economics when writing his treatise. Nothing could be further from the truth. In fact, Rothbard deeply engaged with mainstream economic theory throughout his treatise.

Methodological individualism is best known for its applications in economics, and its importance for historical analysis is often overlooked. The main significance for historical inquiry lies in rejecting the dominant discourse which explains historical events purely by reference to collective group identity such as race or class.