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. 

While flying recently I decided to look at the price of plane tickets in Europe compared to the United States. For example, a non-stop flight of about 900 miles from Dusseldorf to Madrid costs on Expedia $125 and takes 2 hours and 45 minutes. A similar distance in the US from any airport in Chicago to any airport in New York City (789 miles) has a lowest fare of $160 and takes 2 hours and 11 minutes. I picked two of the busiest US airports, because I expected competition to be greatest there.

Many in Manchester are still reeling from the May 22nd suicide bombing that killed 23 people and left dozens more injured. Since then, thousands have come to visit a memorial in St. Ann’s square, a short distance from the site of the attack, to place flowers or to offer prayers for the victims and their loved ones. Such a peaceful response is inspiring, but the St.

When you’re a government agency, asking for a tax increase is always a hassle. 

For the most part, taxpayers don’t like taxes, and if asked if they want to pay more, they’re likely to often say “no.” 

Moreover, when public officials pass tax increases, they may face the wrath of taxpayers at the ballot box.

A very popular doctrine maintains that progressive lowering of the monetary unit’s purchasing power played a decisive role in historical evolution. It is asserted that mankind would not have reached its present state of well-being if the supply of money had not increased to a greater extent than the demand for money. The resulting fall in purchasing power, it is said, was a necessary condition of economic progress.

Now in mailboxes, the May-June issue of The Austrian is also now online [PDF]. 

In this issue, Ron Paul discusses some of the obstacles and most promising strategies for opposing war and aggressive foreign policy in the United States today. 

Historian Hunt Tooley also focuses on war and foreign policy with a look back at how the First World War has shaped American and global politics in the 100 years since the US entered that war. 

Data compiled by the New York Times has shown that the number of drug overdose deaths in 2016 exceeded the 59,000 mark.