When people start freezing to death in Europe this winter, who will be blamed? Regulations, Russia, the North Atlantic Treaty Organization? They all will be, but no one with a recognizable face or name will pay any price.
Last night Joe Biden was propped up behind the presidential seal in front of historic Independence Hall and gave the most provocative and divisive speech in modern American history. With the site of the signing of the Declaration of Independence cloaked in an ominous blood red, Biden sputtered his way through an attack on “insurrectionists” he labeled as threatening American democracy, political norms, and the rule of law.
Per Bylund’s new book How to Think about the Economy: A Primer is now available online, in the Mises Store, and at Amazon. It’s an excellent beginning text for anyone looking to gain a better grasp of sound economics and to better understand what makes the Austrian school method different (and better).
Taking advantage of their current majorities in Congress, which might not last beyond the midterms, and after eighteen months of marathon negotiations, the Democrats finally passed yet another plan to artificially and unfairly dope the US economy. The $430 billion plan was signed into law by President Joe Biden soon after.
