“I Have Bills to Pay,” Or Why the Fed Really Cut Interest Rates

Disclaimer: The following is a parody of a “leaked” transcript of a recent telephone conversation between Federal Reserve Chairman Jerome Powell and Secretary of the Treasury Janet Yellen.

Powell (answering phone): Powell here.

Yellen: Jay, how you doing, Janet here, been meaning to call you one of these days.

Powell: What’s on your mind over there at Treasury?

Adrian Shephard is a libertarian Youtuber who writes and produces content for the channel Springtime of Nations

Underdog Moicano Wins UFC Fight, Bashes Macron in France, Promotes Hoppe

This past February, Brazilian UFC fighter Renato Moicano went viral after taking the microphone after a victorious fight to promote the work of Ludwig von Mises. In his own words, “If you care about your motherf******* country, read Ludwig von Mises and the six lessons of the Austrian school.”

Today, at UFC Fight Night 243, Moicano returned to the octagon as a strong underdog against French fighter Benoit Saint Denis. What odds-makers didn’t take into account was there was no way Renato Moicano was going to lose on Ludwig von Mises’s birthday weekend.

Ludwig von Mises, Hero

In 1981, when I was thinking about starting the Mises Institute, the two things that really motivated me were, one, that I thought that the Austrian school was diminishing in influence in this country and other countries. The other thing: I thought that Mises, who I thought was such a great hero, was no longer being recognized. I thought that was an alarming and quite a terrible thing.

Ctrl+Alt+Regulate: The DMA’s Misguided Reboot of Competition

The European Union’s Digital Markets Act (DMA) represents a misguided attempt to regulate digital marketplaces, resurrecting the outdated and deeply flawed Structure-Conduct-Performance (SCP) paradigm. This essay argues that the DMA’s structural approach is not merely ill-suited to the dynamic nature of digital markets, but actively harmful, threatening to stifle innovation, impede market progress, and ultimately harm the very consumers it purports to protect.

Centralizing Federal Power through Southern Reconstruction

Many historians have commented on the extent to which Abraham Lincoln centralized federal power in the course of his war against the South. Less often remarked upon is the fact that this trend continued during the Reconstruction era, 1865 to 1877. In his essay “Wichita Justice? On Denationalizing the Courts,” Murray Rothbard observes that the Reconstruction Era provided convenient cover for the expansion of federal authority and further centralization of political power.