Seattle Mayor Katie Wilson recently dismissed concerns about wealthy residents leaving Washington over higher taxes with a simple “bye.” The remark was meant as confidence. It revealed something else—one of the most persistent errors behind progressive tax policy: the assumption that productive people are interchangeable, that capital is captive, and that wealth will continue flowing into government coffers no matter how it is treated.

The military consequences of the Iran War have precedence in the 1415 Battle of Agincourt, in which an inferior number of English archers defeated a much superior number of French armored knights. Its implications reverberated for centuries. Heavily armored French knights became bogged down in mud and were slaughtered in great numbers.

In January 2025, a lawsuit was filed by the NAACP against the Governor of Alabama and members of the University of Alabama Board of Trustees, seeking to injunct state legislation banning diversity, equity, and inclusion and critical race theories.

The lawsuit opens with a preliminary statement that,

Should the Federal Constitution be ratified, there would be ‘no checks, no real balances,’ thundered Patrick Henry. Instead, the country would live under a ‘powerful and mighty empire.’

On the eve of the federal convention, and following its adjournment in September of 1787, the Anti-Federalists made the case that the Constitution makers in Philadelphia had exceeded the mandate they were given to amend the Articles of Confederation, and nothing more.

She is another right-leaning president, following Colombia’s new president-elect Abelardo de la Espriella, elected last month. 

Lew Rockwell is a pioneer in education. Well before YouTube came along, the Mises Institute was recording lectures and seminars given by Institute scholars, not only for preservation, but to spread the word and educate as many people as possible about Austrian economics. In those days, the Institute recorded on cassette and VHS tape. Then, when the internet came along, we put them on mises.org.

The view that an increase in the money supply could revive an economy is based on the idea that money transmits its effect through the aggregate expenditure. With more money in their pockets, people will be able to spend more, and the rest will follow suit. Money, however, only enables one producer to exchange his produce with another producer. According to Murray Rothbard,

Months ago, as a result of the train accident in Adamuz, Spain, I wrote an article entitled “Bureaucracy increases accidents and risks“. And, precisely, now the earthquake in Venezuela had such serious consequences, not because of the geology that is part of nature known and preventable in advance by man, but because of this bureaucracy.

On July 4, 2026 Americans celebrated various people for their role in founding this country. We can start with Washington, Jefferson, Adams, Madison, Franklin, Henry, and continue debating into the night. Somewhere on the list would be Paine—Robert Treat Paine, a Harvard graduate and signer of the Declaration. And, grudgingly for some, another Paine but without a middle name—Thomas Paine—who lacked any of the usual credentials to be considered a founder.