Ludwig von Mises warned that socialists are constantly changing their terminology to disguise their schemes, all of which are designed to undermine individual liberty and private property. Regardless of the terminology they use, their ultimate goal is to vest as much property as possible in the hands of the state or—failing that—to grant the state increasing power to assign and control private property. One major way in which the state controls private property is through wealth redistribution.

In February of 2023, as price inflation soared above six percent, and only a few months earlier hit a forty-year high, a columnist at the Wall Street Journal presented a solution for rising food prices: just skip breakfast!

Ted Carpenter explains why NATO is now even more useless than before. 

President Trump is considering paying mothers $5000 per childbirth. The rationale behind this proposal is obvious. Paying mother’s for giving birth incentivizes higher birth rate. A higher birth rate may reverse the projected decline in the US population. Of course, $5000 covers only a small part of the expense of raising a child. However, the marginal effect of an extra $5K would nudge couples who are close to affording an additional child.

Democrats claim that USAID provides life saving funding to impoverished people all over the world. Republicans claim that USAID is a corrupt and criminal organization, which has failed to alleviate global poverty. What does evidence tell us about foreign aid, generally?

The gold price kissed $3,500 last week before backing off. The yellow metal’s price has churned violently up and down $50 to $100 daily. For some gold bugs, this price level seemed unimaginable without there being shooting in the streets. It’s the central banks that are violently depreciating the value of their currencies.