Merger of Union Pacific, Norfolk Southern Highlights the Need to End Amtrak Subsidies

Founded in 1971, Amtrak set out on a bold adventure to see if passenger trains could be profitable. Fast forward to today, and this experiment has been unsuccessful. Politicians have often chosen routes to win votes rather than attract riders. As a result, Amtrak has been squandering taxpayer money for 54 years.

Stuck in Jackson Hole

The Federal Reserve has what the New York Times called its “biggest shindig” of the year at Jackson Hole, Wyoming next week. Curiously, the once sleepy, small, mountain town area is now a playground for billionaires and (for our purposes) hosts the most important monetary policy conference in the world for central bankers.

Resignation from the Scientific Advisory Board of the Ludwig von Mises Institute Germany

On 13 July 2025, Prof. Dr. Rolf W. Puster, Prof. Dr. Jörg Guido Hülsmann and Prof. Dr. Hans-Hermann Hoppe declared their resignation from the Scientific Advisory Board of the Ludwig von Mises Institute Germany. Only two of the original five members remain on that Board.

Below, Puster, Hülsmann, and Hoppe explain the reasons for their resignation.

Nothing to Hide: The Risks and Realities of Transparent Currencies

No freedom is so passionately defended in rhetoric, yet so passively surrendered, as the right to privacy. Rooted in self-sovereignty, it is our natural right. If we own our bodies and are free to do as we wish with our private property, then we can logically derive that we possess the right to conceal our personal information and actions from the prying eyes of others—whether governments, corporations, or simply our fellow man. This ability to step outside public view is fundamental to a flourishing civilization.