The Week in Review: May 28, 2016
We at the Mises Institute wish all a happy Memorial Weekend, hopefully free from the horrors of the TSA.
We at the Mises Institute wish all a happy Memorial Weekend, hopefully free from the horrors of the TSA.
The current tempest in a teapot among the “rights” advocates is that no one should be restricted from using the gender specific bathroom of his choice. The “rights” advocates want to use the police power of the state to ensure this outcome. The federal government has come down on the side of the “rights” advocates, with regional and local governments sometimes taking the opposite side.
From time to time over the last thirty years, after I have talked or written about some new restriction on human liberty in the economic field, some new attack on private enterprise, I have been asked in person or received a letter asking, “What can I do” — to fight the inflationist or socialist trend? Other writers or lecturers, I find, are often asked the same question.
It looks like Donald Trump and Bernie Sanders are planning to debate each other. Drudge today is calling it “the debate of the century.”
In 2012, Barack Obama warned that the United States would fall into a depression if Ron Paul’s plan to cut $1 trillion from the federal budget were enacted.
Wait, I beg your pardon. It wasn’t Obama who warned that budget cuts would lead to a depression.
It was Mitt Romney.
Romney went on to become the nominee of the self-described free-market party.
An ideological rout is complete when both sides of respectable opinion take its basic ideas for granted. That’s how complete the Keynesian victory has been.
The Tenth Amendment Center covers a recent podcast by Jeff Deist:
Last week, Mises Institute President Jeff Deist released a podcast featuring a discussion about the political future of libertarianism, advising libertarian activists to embrace decentralization and de-federalization as a foundational strategic goal.
For anyone who’s been following Major League Baseball in recent years, it’s apparent that the memo has gone out that now is the time to wring one’s hands over a lack of African-American players. Just this month, Hank Aaron lamented that MLB is “a dying sport as far as African-Americans [are concerned.]”
The crisis in Venezuela is the most modern illustration of the horrific consequences of socialism and the devastating reality of hyperinflation. What makes this disaster all the more infuriating is that it could have been avoided with a basic understanding of history.