Milei’s Monetary Conundrum

The monetary route in Argentina appears to be entering a new phase, and some form of currency competition was implied in the July 2024 statements of Minister of Economy Luis Caputo. The route is akin to a regime where transactions are legal in multiple currencies, but only the peso holds legal tender status.

The Perpetual Struggle of Libertarian Candidates: Why They Face an Uphill Battle

The Libertarian Party was assembled in 1971 and has proven throughout its history to be a resoundingly-unsuccessful third-party venture in American politics. While libertarians are outspoken in their advocacy for individual liberties, limited government, and free markets, their presidential candidates have proven largely unsuccessful throughout history.

The New Minimum Wage Increase in Nigeria is a Pyrrhic Victory for Organized Labor

While organized labor across Nigeria is currently jubilant over their recent win in obtaining a minimum wage increase by fiat, every student of praxeology in Nigeria receives this news with mixed feelings and the utmost reservation, because we are cognizant of the outcomes which inevitably follow from such interventions in the free market.

Federal Jobs Report Slices Total Jobs in New Revision

The Bureau of Labor Statistics (BLS) today issued a major downward revision in total employment, telling us what more savvy observers of the federal jobs data already knew. Namely, that the employment situation isn’t nearly as strong as the federal establishment survey says it is.

The establishment survey is the employment survey that looks at total jobs—whether full time or part time—and not at total employed people. 

Kamala Harris Is Not a Radical Communist, but That Makes Her Even More Dangerous

Lately, Donald Trump and his team have taken to labeling their opponent, Vice President Kamala Harris, as a far-left socialist—even a full-on communist. The strategy comes after an uncharacteristic lull in messaging from the former president and his team as they worked out how to prudently attack the vice president.

It’s the job of a presidential campaign to make people terrified about what’s in store for the country if the other side were to win. But there are several problems with labeling Kamala Harris a communist.

Back to the Future With Price Controls

Democrat presidential candidate Kamala Harris is demonstrating why monetary debasement has always been a favorite way for government officials to plunder the citizenry. Rather than focusing on the Federal Reserve as the root cause of prices rising across society, she’s blaming rising food prices on grocery-store owners. Consequently, she says that if she is elected president, she’ll get a federal “anti-gouging” law enacted that prevents grocery stores from raising prices.