The famous quote, “Insanity is doing the same thing over and over again and expecting different results,” is usually attributed to Albert Einstein. While intended as a parable for quantum insanity, such a quote could equally be a parable for inflation policy.

During the 1980s, millions of American children pored over the Toys ‘R’ Us catalog, daydreaming about what toys we hoped to receive in a few weeks on Christmas morning. After all, by the mid twentieth century, Christmas—for countless middle-class households with children— had become more or less synonymous with an enormous number of gifts for children in the form of toys and games.

I first became aware of the Property and Environment Research Center (PERC) after moving to Montana and was immediately intrigued by their work. The more I dug into PERC’s research, the more I realized they aligned with my worldview of free market conservation. The CEO of PERC, Brian Yablonski, graciously met with me to discuss PERC’s initiatives. Even after two hours, we had barely touched the surface of PERC’s free-market, conservation initiatives.

While the average person thinks economics begins with Adam Smith and his Wealth of Nations, readers of the Mises Wire know that the story goes back much further than that.

Florida Governor Ron DeSantis has frequently bragged that Florida is in high demand among people looking to relocate. In a new report released this week from the Census Bureau, it seems that he’s been correct. According to the Bureau’s report: 

Is it possible, or even desirable, for economic freedom and progress to be compatible with authoritarianism? Although some may believe so, this is a fallacy. Freedom is indivisible. Political and economic freedom cannot be separated.

Those in the antiwar movement are accustomed to disappointment in this long-standing environment of militarism, but this one truly stings. Up until the middle of December, there had been a strong push across many grassroots organizations to urge the US Congress to invoke the War Powers Resolution and end military support for the War in Yemen. Hopes were high that America would finally pull the plug on this terrible conflict.