“The Department of Defense continues to provide the President with robust options to continue military aid to Ukraine.”

More lawless new taxation without any debate or vote in Congress. “Today we’re doing copper,” he said at a Cabinet meeting, adding that he believed the rate will be 50%.

Do you wince when you hear someone rip “capitalism” for some alleged evil, then propose a new government program to correct it? Are you frustrated when hearing people demand the soaking of the rich to relieve the poor? Are you frustrated further when realizing the poor are still poor after government has intervened?

Mises Institute President Llewellyn H. Rockwell Jr.—while summarizing the views of Murray Rothbard on gold—said this,

In a gold standard, the “price of gold” is not unaccountably fixed by government intervention. Rather, the “dollar,” for the past half-century a mere paper ticket issued by the government, will become defined once again as a unit of weight of gold.

In his book, The Ultimate Foundation of Economic Science, Ludwig von Mises rejects the “mythology of methodological collectivism.” Collectivist mythology supposes that because humans are members of groups and form themselves into societies, human action is best understood as “social action.” Collectivists explain individual choices—or the historical events in which

Last week, we examined how half of the new jobs added in June were government jobs, according to the official data. It was the weakest month for private-sector jobs in nine months. We also saw that unemployment claims last month reached the highest levels since 2018 (ex covid). 

Retail sales were down for May with the AP reporting, “The figure was pulled down by a steep drop in auto sales, after Americans ramped up their car-buying in March to get ahead of Trump’s 25% duty on imported cars and car parts. Excluding autos, sales fell 0.3% in May.”