I live in a small village at the edge of lands surrounded by very harsh nature. Those who occupied these valleys in ages past lived ruthlessly dangerous lives, where starvation was a constant worry, the sea just as often nurtured as it took away, and the winters were long and perilous. Nowadays, while I’m walking the desolate mountains or admiring the fierce storms from inside my nice, sheltered existence, echoing in my head is Thomas Hobbes’s descriptions of man’s precivilizational life: “Solitary, poor, nasty, brutish, and short.”

Biden’s newest proposal for steel tariffs join a long list of tariff policies that ignore the unseen damage that will be done to the U.S. economy by raising them.

Ludwig Von Mises gave six lectures in 1959 in Buenos Aires, Argentina where, “he spoke in nontechnical terms suitable for his audience of business professionals, professors, teachers, and students. He illustrates theory with homespun examples. He explains simple truths of history in terms of economic principles. He describes how capitalism destroyed the hierarchical order of European feudalism and discusses the political consequences of various kinds of government.

During the 2016 and 2020 campaigns, Trump’s opponents in the Democratic party (and elsewhere) often pointed out that Trump’s protectionism hobbles private markets and the economy overall. Yet, the allegedly anti-protectionist Biden administration has done virtually nothing to end Trump’s protectionists policies put in place from 2017 to 2020. The motivation is unclear, but it is possible that the Biden administration realized that protectionism is a useful political tool.

On April 4, 2024, senior leaders of the Indian National Congress (hereinafter referred to as the “Congress”) either faced expulsion from the party or voluntarily departed. Former National Spokesperson of the Congress, Mr. Gaurav Vallabh, recently joined the incumbent Bharatiya Janata Party (hereinafter referred to as the “BJP”). On April 3, 2024, the Congress expelled Senior Leader of Maharashtra Congress, Mr. Sanjay Nirupam, citing indiscipline and deviation from the party line. Another senior spokesperson and Gujarat Congress leader, Mr.

Earlier this year, the Academy of Motion Picture Arts and Sciences nominated Island in Between in the Best Documentary Short Film category at the ninety-sixth Academy Awards. Although it didn’t end up taking home the Oscar, the documentary drew attention to the little-known Kinmen Island and its precarious position as an inflection point in the relationship between Taiwan, mainland China, and the continuing involvement of the United States.

The consequences of this short-lived paradise [inflation] are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment, social resentment, discontent, upheaval and riots, bankruptcy, increased governmental controls, and eventual collapse. — Hazlitt, Henry. Man vs. The Welfare State (LvMI) (p. 136). Ludwig von Mises Institute. Kindle Edition.

“A few months, at most.”