The images are hard to watch: A young woman, Iryna Zarutska—a 23-year-old Ukrainian refugee—is sitting in her seat on the Charlotte, North Carolina, light rail, engrossed in her phone as she is riding home after work. A black male, Decarlos Brown, sits behind her and he suddenly stands up and quickly stabs her with a large pocketknife.
Testimony of Alex J. Pollock, Senior Fellow, Mises Institute
To the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, Of the Committee on Financial Services, U.S. House of Representatives
Hearing on “Less Mandates. More Independence.”
September 17, 2025
How Congress Should Oversee the Federal Reserve’s Mandates
Judge Napolitano: We cannot support the president’s extrajudicial killings and also claim to take the Constitution seriously.
Asset prices are near all-time highs, but the Fed cuts rates to pad the wealth of Wall Street, and to please the Trump administration.
Sec. of War Pete Hegseth says that the U.S. is “going to go on offense, not just on defense.”
The regression theorem demonstrates, as a praxeological law, that money must originate as a marketable commodity before it can evolve into a widely-accepted medium of exchange. Yet what is often missed is that this theorem—logically derived from the axiom of action—has broader implications for the genesis of all social institutions.
President Trump says that tariffs are good for American workers. He claims that because tariffs raise costs on products manufactured abroad, they will make it feasible for American firms to make these goods here. Economists who oppose tariffs argue that free trade is more “efficient” than protectionism, but what they ignore is that this alleged “efficiency” comes at the expense of American workers. We are Americans, and we should follow an “America First” policy.
For many years now it seems that the state of a nation’s economic health has been reduced, at least in the establishment press, to one metric—Gross National Product (GDP). Despite rising prices, increasing public and private debt, and other indications of a nation’s economic problems, governments and the legacy press everywhere hang on the latest GDP figures. If the number—always produced by government statistics offices—is positive, then all is well. If the number is on a downward trend, then government has an answer—increase government spending. This is the magic elixir.
