William F. Buckley, Jr. wrote in 1952, “We have to accept Big Government for the duration [of the Cold War]—for neither an offensive nor a defensive war can be waged . . . except through the instrument of a totalitarian bureaucracy within our shores.” Since, the conservative establishment has sacrificed the nation at the altar of defeating the latest boogeyman abroad. They have accepted bureaucracy in place of markets, technocracy in place of community, the welfare state in place of charity, and the cult of state in place of church.

Episode 2604 of The Tom Woods Show released on February 8, 2025, entitled, “Is the U.S. Headed for Breakup (in the Long Run)?” interviewed Ryan McMaken, Senior Editor of The Mises Institute. The main topic was the breakup of the United States in the long run, also called secession.

Over the weekend, President Trump made headlines for refusing, on two occasions, to rule out the possibility that the US will experience a recession this year. The comments came days after the Atlanta Fed announced it now projects GDP to fall by nearly three percent in the first quarter of this year.

Columbia University student and legal US resident, Mahmoud Khalil, was arrested last week by federal agents. Although Khalil is a legal resident with a green card, and has not even been accused of any immigration-related infraction, he is being held at an immigration detention center.

Five years ago, politicians and bureaucrats went berserk and pointlessly ravaged Americans’ freedom. The Covid-19 pandemic provided the pretext to destroy hundreds of thousands of businesses, padlock churches, close down schools, and effectively place hundreds of millions of Americans under house arrest. Despite all the forced sacrifices, most Americans contracted covid and more than a million were listed as dying from the virus.

The Federal Reserve Bank of Atlanta’s GDPNow model projection for real GDP growth in the first quarter of 2025 (Q1 2025) is now showing a slump to -1.5 percent. This marks a significant downward revision from the previous estimate of 2.3 percent on February 19, 2025.

Such an enormous decline is strange. How did we go from +2.3 percent to -1.5 percent in less than a month? That kind of collapse in an economy as large as the United States is exceedingly rare.

David Lammy, the UK’s Foreign Secretary, has lent his voice to the growing call for reparations for former colonies in the British West Indies. Advocates argue that financial compensation would provide a much-needed economic boost to these nations, helping them overcome the burden of low economic growth. However, this view is fundamentally flawed. Akin to foreign aid, reparations are unlikely to catalyze genuine economic development. Decades of evidence demonstrate that foreign aid has been unable to foster sustainable growth in developing countries and reparations would function as such.

Since the financial crisis, industrial policy has experienced a renaissance in the Western world. “Missions” or “moonshots” are put in place by policymakers in order to address societal challenges. Government programs are launched, then large pools of subsidies, targeted R&D funds, and cheap loans are made available for corporations.