Super Tuesday saw Donald Trump sweep all possible state delegates except for the state of Vermont. However, hovering just below the surface were a series of propositions that were voted on by the Texas Republican Party. Various propositions touched on topics of gold as legal tender, border security, and school choice, but the most interesting was Proposition 6.

The US Supreme Court released its ruling on Trump v. Anderson this week and unanimously slapped down the Colorado Supreme Court which had tried to disqualify candidate Donald Trump from the Colorado ballot using section 3 of the Fourteenth Amendment to the US constitution.

The US Supreme Court’s ruling was so baseless in law that even the most Left and partisan members of SCOTUS joined the majority in declaring the Colorado ruling null and void. 

Thomas DiLorenzo, the president of the Mises Institute, has already reviewed Paul C. Graham’s Nonsense on Stilts: The Gettysburg Address and Lincoln’s Imaginary Nation (Shotwell Publishing, 2024) in characteristically excellent fashion, but the book is so insightful that some further comments are warranted. It is clear that Graham has a philosophical turn of mind and is a master of linguistic analysis.

[This article was first published in the New York Sun.]

Senior Fellow Alex Pollock drew my attention to an important quotation by Smedley Butler: 

The Ward and Massey Libraries, specializing in the works of the Austrian school of economics and classical liberalism, have been the grateful recipients of a number of valuable collections, including the books of Murray N.

On Thursday evening, President Joe Biden is set to give his third State of the Union address.

Stoked by ultra-loose monetary policy from the Federal Reserve, capital markets have been in a persistent bubble for several years. Printing trillions of new dollars and maintaining a zero-interest rate policy (“ZIRP”) was marketed by politicians and bureaucrats as supportive of the “main street economy,” but those trillions were directed primarily towards speculation in capital markets.