The Federal Reserve decided to cut rates by 50 basis points despite what Chairman Powell considers “no risk of a recession or downturn,” a “solid economy,” and a “strong job market.”

After ignoring the impact of monetary aggregates and the warning signs of inflation, the Federal Reserve has breached its price stability mandate for three consecutive years, preferring to prioritize liquidity injections, i.e., printing money, to the recovery of the currency’s purchasing power.

Some have argued that new technological ideas, unlike material inputs and labor, are not in themselves scarce. Consequently, it is further argued that new ideas for more efficient processes and new products can make continuous economic growth possible. So-called experts, however, are of the view that in a fully competitive environment, firms are likely to be concerned that competitors are going to copy any innovations they introduce.

Various justifications have been advanced by those removing or destroying Confederate monuments to explain why they deem it necessary to dismantle the Confederate heritage.

If it is portrayed as a war crime; genocide—the methodical, malicious murder of the many—can be dismissed as incidental to battle; a mere case of, “Oops, bad things happen in war.” You hear the last phrase all the time from Israel’s supporters, as they gush their enthusiasm for the state’s crimes.

The genocide-as-a-war-crime conceptualization provides cover and lends imprimatur for criminals and criminality. You mitigate and minimize genocide when you call it a war crime.

The third Star Trek series—Deep Space 9—is set on a distant space station-city. The producers had to be creative with the scripts because they are not visiting “strange, new worlds” all the time. In season 3, episodes 11 and 12, titled “Past Tense” they dealt with—thirty years ago in the mid-1990s, mind you—with the US homeless problem of their distant past, set in our future of late August of the year 2024. The script rings all too true of our present situation regarding homelessness, poverty, technology, and government. Very prescient. 

Henri Bergson (1859–1941) was a towering figure in the intellectual world of the late 19th and early 20th centuries. Born in Paris in 1859, Bergson became one of the most celebrated philosophers of his time, known for his innovative ideas on time, consciousness, and the nature of life itself. His work earned him widespread acclaim, including the Nobel Prize in Literature in 1927.

The mission of the Mises Institute is simple. We want to spread the ideas of Ludwig von Mises and the scholars he inspired. Ideas that are vital for a free and prosperous civilization.

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