The Consumer Price Index numbers have recently come in with a slight decline to 3.1 percent YOY in January 2023. This is down from a peak in June 2022 of 9.06 percent inflation. Federal Reserve officials laude this as a victory. “Inflation has been conquered! Long live rate cuts!” they cry.
There are many arguments against secession. Some of them are quite prudent, such as those that simply contend that national separation may not be a good idea at this time.
Argentina’s Javier Milei is racking up some solid wins, with the fiscal basket case seeing its first monthly budget surplus in 12 years.
Apparently, it took Milei just nine and a half weeks to balance a budget that was projected at 5% of GDP under the previous government. In US terms, he turned a 1.2 trillion-dollar annual deficit into a 400 billion surplus. In 9 and a half weeks.
Earlier this month, The New York Post reported that the mayor of New York is giving away pre-paid cash cards—each carrying “up to $10,000“— to foreign nationals in New York. Most of these foreign nationals—i.e., “illegal immigrants”—have arrived in New York with no invitation, no employment prospects, and no plan for housing. But most of them plan on staying. And why shouldn’t they?
The Failure of American Conservatism and the Road Not Taken
By Claes G. Ryn
Republic Book Publishers, 2023; 468 pp.
Welcome to the first issue of The Misesian.
We’ve decided to rename The Austrian magazine The Misesian to emphasize how Ludwig von Mises remains at the center of everything that that is today called the Austrian School of economics.
The Misesian (TM): The economics behind gift giving and charity have long been a neglected topic among researchers and economists. What prompted you to launch your own investigation into the topic?
