Western and American culture can be said to have undergone a process of infantilization—reduction to a childish and immature state. The familiar maxim “hard times create strong men; strong men create good times; good times create weak men; weak men create hard times” has been applied quite a bit recently to American culture. This quote seems particularly apt regarding, not just economic ignorance, but economic immaturity.

In 1918, the Austrian political scientist Joseph Schumpeter delivered a now-famous lecture titled “The Crisis of the Tax State.” The question he addressed was whether or not the First World War would bring about a destructive fiscal crisis for European states. Would the burdens of post-war debt and taxation threaten to destroy these states?

Throughout history, there have been tyrannies that have been imposed on the citizenry through non-democratic means. Monarchies have been one example. Another example have been communist regimes in the Soviet Union, China, North Korea, and Cuba. Still other examples have been US-supported national-security-state coups in Iran, Guatemala, and Chile.

The U.S. directly purchased Argentine pesos and finalized a $20-billion currency swap to provide stability amid the country’s economic turmoil.

There are men who write books. And there are men who write worlds. Ludwig von Mises—exiled in his own land—single-handedly birthed an entire science, invisible to the eyes of an age bewitched by the tyranny of numbers.

For every $5 the government collected in taxes, about $1 went to pay interest.

The authors of multiple peer-reviewed studies in the British medical journal The Lancet, say the actual death toll is much higher.

“Institutional inflows and Fed rate cuts along with a weakened dollar create the perfect storm for demand in Bitcoin...”

Under President Milei, the interventions have rapidly depleted the Treasury’s hard currency holdings.