“If things are to change, one must realize the extent to which the foundation of tyranny lies in the vast networks of corrupted people with an interest in maintaining tyranny.”—

Donald Trump’s proposals to annex Greenland, the Panama Canal, and/or Canada—and now an executive order renaming the “Gulf of Mexico” to the “Gulf of America”—represents another ridiculous betrayal of the “America First” ideology he ran on and further illustrates another example of his difficulty in understanding economics (e.g., his proposed protectionist tariffs). Not only would these moves towards annexation be frowned upon constitutionally, ethically, and economically, but they would only serve to expand a globalist agenda, and destabilize both the US and the world altogether.

In recent years, anti-market policies, such as tariffs and industrial policies, have resurged in popularity in the United States. Advocates for these measures submit they are essential to protecting domestic industries, fostering economic growth, and ensuring national security. However, historical evidence and economic analyses tell a different story—one in which these policies often fail to deliver their promised benefits. To understand why, we will examine the historical failures of tariffs in the United States and the ineffectiveness of industrial policies in Japan and China.

In The Ethics of Liberty, Murray Rothbard conceptualizes “the defense of the rights of person and property” as the foundation of libertarian law. This serves as an ethical benchmark against which to ensure that the law does not stray into becoming an instrument of aggression.

We are in the fourth day of Joe Biden’s ex-presidency, and the motorcade taking him back to his mansion in Delaware shrinks in our rearview mirrors. It can’t disappear quickly enough.

A key reason that developing countries have often been unable to catch up to their developed counterparts is because of their refusal to accept the free market. In many parts of the world, free markets are considered unnecessary for economic growth. Governments of developing countries attempt to thrust their country into prosperity through various statist measures, but their efforts are doomed because they do not understand economics.

EU policymakers have created new regulation for the aviation sector. ReFuelEU Aviation mandates the use of sustainable aviation fuels (SAF) and bans fuel tankering—a common practice globally. It is another climate-related initiative that will hamper native industry, increase prices, and reduce choice for consumers.

The US government is aghast that there is a new grouping of nations that seeks to form an alternative to the US trade bloc and trade settlement system that uses the dollar. These nations have been driven to this extreme, time-consuming, and difficult project by clueless US leaders who have imposed sanctions on Russian assets (literally stealing them) and have denied Russia and other nations from using the SWIFT messaging system for trade settlement.

On Monday, in their final hours in office, former President Biden’s team chose to issue a blanket pardon to a number of close political allies and family members. Among that group was former Director of the National Institute of Allergy and Infectious Diseases Anthony Fauci.