This article was originally published by the Federalist Society. 

Taken from the Minor Issues Podcast

People can’t stop the Federal Reserve from inflating the money supply, nor can we prevent them from adding more fuel to their fire.

We can only fight the fire started by the arsonists at the Fed from spreading further into our lives.

In this article, I want to review the ways that people fight the Fed’s fire—higher prices everywhere and the reasons why everyone should be actively fighting against inflation.

From Section XXIII of “A Letter to Grover Cleveland” (1886).

The Tennessee Board of Regents (TBOR) promoted an initiative in 2023 which was meant to better ensure that black males in the state have greater access to higher education, and the support needed to graduate in higher numbers.

Last week, Donald Trump was convicted of falsifying business records with the intent to commit, aid, or conceal another crime. The Manhattan jury found him guilty on all thirty-four counts.

“Additional units of a homogeneous good must go toward less important ends.” Is this an ethical claim? Does it fall under political science? Or is it an economic law?

According to Robert Reich, economics, properly considered, is in a mush with politics and morality. He has started a new ten-week series debunking economic myths, and the first one is “Economics is Objective.” I wouldn’t say he is off to a good start.

The practice of law enforcement agencies in the United States seizing private property is one of the clearest examples of how much power the government has been permitted to gain. Although the idea of forcibly appropriating the assets of citizens as punishment for violation of the law has been practiced on the North American continent for hundreds of years, for a long time it was only used infrequently and was generally ignored by law enforcement.

Private property is the foundation of the libertarian society, and in Rothbardian theory, a libertarian society is one founded on absolute private property rights. In the libertarian society, all property is private property. Libertarianism is thus constructed on the principle of self-ownership: the libertarian society is a free society in which each individual is a self-owner.

In 1972, members of the newly created Libertarian Party wanted Murray Rothbard to be their candidate in the coming presidential run. During an interview, when asked about this possibility, Rothbard first had a long laugh.

Tucker Carlson is apparently warming up to Austrian economics and the work of the Mises Institute. In 2019, when he was still on Fox News, he made a quick dig at Austrian economics, and he was critical of “libertarian economics” as recently as December of last year.