In a long and seemingly technical blog post on the Washington Post “wonkblog,” Roosevelt Institute fellow Mike Konczal suggests that raising the minimum wage will reduce poverty. He primarily relies on one meta study (Dube 2013, unpublished) to show that economists “do agree” “that raising the minimum wage would reduce poverty.”

  In this 1983 lecture, Ralph Raico teaches a Cato Summer Seminar group the history of World War I, the Great Depression, and World War II. He offers an in-depth look at the conditions which led to both wars and the ways in which governments throughout the 20th century have used war powers to justify and fuel their expansion.  

[Editor’s Note: Anyone who’s looking to perform a generous service to the scholarship of liberty might consider producing a transcript of this video.]

Gary Wolfram writes a New Year’s outlook about Mises’s message of peace and cooperation. He notes that Mises understood the coming of the Great Depression and WWII in his classic book Liberalism because he saw the nations of the world moving away from liberalism and towards various sorts of socialism.

Senior Fellow Thomas Woods interviews former Reagan budget director David Stockman on why Paul Krugman is wrong on the deficit and on monetary policy, how the Fed enriches and impoverishes, and where the U.S. economy is likely to go: