On Sunday, after the Colombian government turned away two US military aircraft full of detained migrants, Trump announced he would place an emergency 25 percent tariff on all goods imported from Colombia.

Much of the debate over so-called “birthright citizenship” is over interpretations of the Fourteenth Amendment to the US constitution. Most of the people currently in power claim that the text means every baby born to every foreign national on American soil is an automatic US citizen. Others—like myself—believe that this interpretation is dubious and has always been a matter of debate. 

As we begin the new year, pessimism is rife in the liberty movement. Many are struck by a pervasive and overwhelming feeling that the enemies of freedom are winning and our movement is in disarray. However, not all news from recent times has been grim. A particular sphere of American politics stands out as a place where liberty is winning.

Richard Feynman, one of the greatest physicists of the 20th century, used to say: “Imagine how much harder physics would be if electrons had feelings.” This witty remark invites us to reflect on the difference between the immutable laws of nature and human behavior—always unpredictable, emotional, and diverse. But what happens when we try to impose centralized hegemonic control over millions of people who act according to their own interests and emotions?

Here comes Javier Milei’s definition of the market:

The recent decision of the Supreme Court to uphold the ban on TikTok in the United States creates an entirely new dimension of change in the balance of power and individual freedoms in the country. This is very disturbing as it replicates the very authoritarian behavior of China, which has been exercising full control over digital platforms and personal data.

History is more than a mere litany of facts. It also involves a story, or a narrative, which provides the organizing framework or unifying idea for the particular facts selected. No single historical account can report all known facts—each account selects the facts most relevant to the argument being presented. It attempts to explain why specific events occurred, and the causal factors that gave rise to those events. John V.

Milton Friedman famously said, “monetary changes have their effect only after a considerable lag and over a long period and that the lag is rather variable.” This lingo has infected macroeconomic discourse and the speeches of Federal Reserve officials.

If inflation is a general increase in prices, as most experts hold, then why is it regarded as bad news? What kind of damage does it do? Most experts are of the view that inflation causes speculative buying, which generates waste. Inflation, it is maintained, also erodes the real incomes of low-income earners and causes a misallocation of resources. Inflation weakens real economic growth.

What a week! Before being accused of Trump-cheerleading, the elephant in the room must be acknowledged: the Federal Reserve, its role in the inevitable boom-bust cycle, and Trump’s evolving stance on tariffs.