Today, after nearly two decades of implementation and delays, the federal government’s new identification requirements for traveling by plane domestically or entering federal buildings technically go into effect. This federally-compliant ID card—known as Real ID—can only be attained with specific records and documents laid out by the federal government. It’s labeled by a black or gold star in the upper right corner.
Unlike the US, Canada (at least on paper) recognizes a legal right to secession. Alberta gov’t now says it may vote on secession next year.
One of Trump’s more bizarre claims recently is that gasoline now costs less than $2 per gallon. As every casual observer knows, the price is closer to $3.
The government loads $328 billion of your tax care money on the EBT cards for SNAP recipients, and they go into the stores and they buy Coca Cola products, Frito Lay products, Pepsi products.
India claims it is attacking “terrorist infrastructure.” Both countries have nuclear weapons.
President of the Mises Institute Tom DiLorenzo joins Saifedean Ammous on The Bitcoin Standard Podcast to discuss his work on US history and economics, and the increasing influence of the Mises Institute and Austrian school economics.
Listen here: https://saifedean.com/podcast/272-mises-institutes-tom-dilorenzo
In the wake of the Trumpian tariffs, any number of fallacies in economic theory have resurfaced to justify and advance Trump’s agenda. Most are more egregious than optimal tariffs, but this particular fallacy needs especially to be exposed. Not primarily because it has been used by some defenders of Trump, but because it is a mainstay of modern economics, and as such exposes a weakness in mainstream defenses of free trade.
