Tom DiLorenzo recently appeared on Tom Mullen Talks Freedom to discuss the Mises Institute’s mission and the abysmal economics of the two major political parties.

Listen online here.

A recent video by CNN states that lower prices are bad for the United States economy and that consumers must get used to the newer, higher prices. The video goes so far as to say, “We’re never going to pay 2019 prices again.” The video claims that deflation is responsible for a long list of problems including layoffs, high unemployment, and falling incomes. Americans should simply get used to paying more and more each year and be happy about it.

As the internationally recognized government in Haiti loses its grip on power, the small Caribbean country is descending into violence. The media reports about the situation are quick to, either implicitly or explicitly, place the overall blame for the violence on the absence of state institutions.

For lower income folks the landing is already hard. Chief investment strategist at Charles Schwab Liz Ann Sonders posted on X (and reported by Almost Daily Grant’s) that the tally of domestic temporary help employees slipped to a three-plus-year low of 2.748 million down from 3.181 million as of March 2022. The 14% comes in 4th in the category’s downward drops percentage-wise since 1990; to the early 2000s, the 2008 financial crash and the Covid debacle, each coinciding with a recession. 

Since the conclusion of World War II, each biennial session of Congress has ushered in a staggering 4-6 million words of additional legislation. However, amidst this flood of legal text, the State’s focus on expanding regulations and enforcing compliance has overshadowed its fundamental obligation: provision of security—the cornerstone of what progressives call the social contract.