When, and if, freedom progresses in the world, as states hopefully loosen their grip on societies, this process is unlikely to happen evenly. Indeed, a society could conceivably turn libertarian while all the rest of the world continues to practice statist interventionism to various degrees.
One of the most well-known documents produced by the Church in the contemporary era is Pope Leo XIII’s Rerum Novarum, published in 1891.
Fears over price inflation returned in a big way this week as bond yields rose in the wake of recent government reports on consumer and producer prices. The US-Israel war on Iran continues to take a toll on global supply chains, and related price hikes appear to be partly driving growth in long term yields for both US, British, and Japanese debt.
“President Donald Trump scooped up shares of surveillance-state software maker Palantir weeks before he famously praised the stock on Truth Social.”
Despite the fact that the government owes firms refunds due to Trump’s tariffs being declared illegal, companies are turning down the opportunity in fear of angering the president.
Finn Andreen recently wrote a Mises Wire article arguing that the values characterized as universally-applicable to all mankind by Enlightenment-era philosophers—notably political values like juridical equality, political freedom, natural rights, and religious tolerance—are not universal at all, but rather are mere expressions of Western culture, thus making assertions of such universality (and thus any claims of moral
Auction bidders are demanding higher fixed rates as compensation for the risk that inflation—stoked by rising energy prices since the U.S. attacked Iran in late February—will accelerate further.
