A recent surge in breakdowns, delays and overcrowding at New York’s subway system — in conjunction with a steady stream of rate hikes — has left many New Yorkers fuming and seeking answers.

A hundred years ago, the First World War was reaching its crisis. Though we tend to think of the war in terms of stalemate and attrition, the war was a complex web of human activities and human choices that seemed anything but static to most of the millions of participants. An illustration of this idea, in the broadest sense, can be seen in trends and events during the first half of 1917, just one hundred years ago. Taken as as a whole, the first six months of 1917 represents a startling shift in the shape of the war.

This week the Mises Institute held our annual Rothbard Graduate Seminar, a week-long event where scholars dedicated a week to studying and discussing a great economic treatise. This year’s focus was Human Action, Ludwig von Mises’s masterpiece that built the intellectual foundation for modern Austrian economics. Discussion focused not only on what makes the Misesian framework different from other economic schools of thought, but also applied those ideas to modern day debates on topics such as the proper use of economic modeling, deflation, and NGDP targeting.

Former Navy SEAL and Blackwater founder, Erik Prince, recently penned an Op-Ed for the Wall Street Journal calling for a MacArthur Plan for Afghanistan that rests on two pillars: a central Viceroy acting with complete authority to direct development activities and a privatized East India Company model for securing key areas to bolster economic growth.

Yes, it has happened. A mere 23 years after the 1994 transition, in South Africa, to raw ripe democracy, six years following the publication of a wide-ranging analysis of that catastrophe, Into the Cannibal’s Pot: Lessons for America from Post-Apartheid South Africa, a Beltway libertarian think tank has convened to address the problem that is South Africa.

Amtrak’s Penn Station in New York City, once one of the most glorious cathedrals of commerce built by one of the most successful transportation companies in history, is collapsing. Tracks are in disrepair. That’s because they have not been properly maintained over decades since Amtrak, despite promises to the contrary at its founding in the 1970s, has consistently lost tons of money.

Are you concerned about the poor’s economic welfare? If so, you should celebrate President Trump’s announcement that the United States will withdraw itself from the Paris Agreement.

The Paris climate accord, which was ratified last year, attempts to “brings all nations into a common cause to undertake ambitious efforts to combat climate change and adapt to its effects.” Supporters of the agreement claim it is necessary to avert the disastrous consequences of climate change.

The ECB’s regular policy statement was announced today by President Mario Draghi and it was the typical central banking balance beam act of self-congratulation for the strong economy coupled with the conditional warning that was inflation was too low. This way, everyone should be thrilled that the economy is strong and yet the central planners don’t have to cut back on the monetary addiction.