Donald Trump has won the Iowa caucuses and the New Hampshire primary and is leading in the polls to become the Republican candidate for the presidency in the upcoming general election. His status as the most likely contender to challenge Joe Biden is upsetting establishment figures who think that Trump’s ascent threatens democracy.
Americans were jolted last week to learn that the Joe Biden administration viewed purchasing a Bible as a potential terrorist warning sign. Representative Jim Jordan (R-OH), chairman of the House Judiciary Committee, revealed that the Treasury Department’s Financial Crimes Enforcement Network stretched its “suspicious behavior” definition to include purchasing a Bass Pro Shop hat, as well as items sold by Cabella’s and Dick’s Sporting Goods.
Most mainstream economists believe the application of quantitative methods on historical data can explain the state of the economy. Others such as Ludwig von Mises held that the data utilized by economists is a historical display, which by itself cannot provide the facts of economics. Ludwig von Mises wrote, “Experience of economic history is always the experience of complex phenomena. It can never convey knowledge of the kind the experimenter abstracts from a laboratory experiment.”
“Balls, we need balls” is probably the most famous phrase of German goalkeeping legend Oliver Kahn. Balls, too, are needed by someone who is patronizingly introduced by Klaus “The Great Reset” Schwab in Davos, only to tell the assembled political and economic elite to their faces that they betray the liberal-libertarian principles that have made the West great. And Javier Milei, Argentine president, and a goalkeeper in his youth got these balls.
Select politicians, government officials, economic elites, and experts arriving at the annual World Economic Forum meeting in Davos, Switzerland were greeted with an open letter signed by more than 250 billionaires and millionaires. The signers request their respective governments raise their taxes.
This article is a revised version of a talk given at the Oxford University Mises Society on January 16, 2024. The talk drew upon themes discussed in David Gordon and Wanjiru Njoya, Redressing Historical Injustice: Self-Ownership, Property Rights and Economic Equality (Palgrave Macmillan, 2023).
The situation in the Middle East is growing more and more dangerous for the Americans stationed there. Two Navy SEALs are dead after being lost at sea off the coast of Somalia while searching a boat that was allegedly carrying weapons bound for Yemen.
Socialism: A Logical Introduction
Scott R. Sehon
Oxford University Press, 2024; 268 pp.
Philipp Bagus and I are delighted to announce the launch of a book series dedicated to advancing scholarship in Austrian Economics. We invite you to be a part of this exciting endeavor. The “Palgrave Studies in Austrian Economics” series, published by Palgrave Macmillan, gives prospective authors a prestigious outlet for their book-length manuscripts. Owned by Springer, one of the most reputable publishing houses of academic works, Palgrave is committed to promoting Austrian economics to wide audiences.
