Be on the Lookout for These Lies in Biden’s State of the Union Address
The Mises Institute: How Capitalism Can Save America Again
Tom DiLorenzo recently appeared on Tom Mullen Talks Freedom to discuss the Mises Institute’s mission and the abysmal economics of the two major political parties.
CNN Is Wrong. Deflation Is a Good Thing
A recent video by CNN states that lower prices are bad for the United States economy and that consumers must get used to the newer, higher prices. The video goes so far as to say, “We’re never going to pay 2019 prices again.” The video claims that deflation is responsible for a long list of problems including layoffs, high unemployment, and falling incomes. Americans should simply get used to paying more and more each year and be happy about it.
How State Intervention Fueled Haiti’s Descent into Chaos
As the internationally recognized government in Haiti loses its grip on power, the small Caribbean country is descending into violence. The media reports about the situation are quick to, either implicitly or explicitly, place the overall blame for the violence on the absence of state institutions.
Tapping 401ks to Pay the Bills
For lower income folks the landing is already hard. Chief investment strategist at Charles Schwab Liz Ann Sonders posted on X (and reported by Almost Daily Grant’s) that the tally of domestic temporary help employees slipped to a three-plus-year low of 2.748 million down from 3.181 million as of March 2022. The 14% comes in 4th in the category’s downward drops percentage-wise since 1990; to the early 2000s, the 2008 financial crash and the Covid debacle, each coinciding with a recession.
Reimagining Public Safety – The Case for Privatizing Security
Since the conclusion of World War II, each biennial session of Congress has ushered in a staggering 4-6 million words of additional legislation. However, amidst this flood of legal text, the State’s focus on expanding regulations and enforcing compliance has overshadowed its fundamental obligation: provision of security—the cornerstone of what progressives call the social contract.
50 years of Democratic Marxism and the Illusion of “Liberty”
“One nice day in 1974 Europe woke up and heard that an army revolt was taking place in Portugal and that a large number of career officers turned out to be Marxists of all colors and stripes. We rubbed our eyes: officers in smart uniforms, coming from ‘nice, even noble families, and apparently a bit frivolous, falling prey to Marxism – a despicable XIX century pseudo religion, bankrupt, morally discredited as a murderous political philosophy responsible for pouring out rivers of blood… The leftist officers brought Portugal to the brink of a Red Tyranny.”
Price Inflation Accelerates for Second Month as Biden Blames “Greed”
According to the Bureau of Labor Statistics’ latest price inflation data, CPI inflation in February accelerated for the second month in a row, and price inflation hasn’t proven nearly as transitory as the regime’s economists have long predicted.
According to the BLS, Consumer Price Index (CPI) inflation rose 3.2 percent year over year during February, without seasonal adjustment. That’s the thirty-sixth month in a row of inflation well above the Fed’s arbitrary 2 percent inflation target.