Although manipulating housing finance is not among the Federal Reserve’s statutory objectives, the U.S. central bank has long been an essential factor in the behavior of mortgage markets, for better or worse, often for worse.
Video: Mises Institute Senior Fellow Alex Pollock moderates a panel discussion on Lawrence White’s new book Better Money: Gold, Fiat, Or Bitcoin?. The event is sponsored by the Federalist Society.
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.
Super Tuesday saw Donald Trump sweep all possible state delegates except for the state of Vermont. However, hovering just below the surface were a series of propositions that were voted on by the Texas Republican Party. Various propositions touched on topics of gold as legal tender, border security, and school choice, but the most interesting was Proposition 6.
The US Supreme Court released its ruling on Trump v. Anderson this week and unanimously slapped down the Colorado Supreme Court which had tried to disqualify candidate Donald Trump from the Colorado ballot using section 3 of the Fourteenth Amendment to the US constitution.
The US Supreme Court’s ruling was so baseless in law that even the most Left and partisan members of SCOTUS joined the majority in declaring the Colorado ruling null and void.
Thomas DiLorenzo, the president of the Mises Institute, has already reviewed Paul C. Graham’s Nonsense on Stilts: The Gettysburg Address and Lincoln’s Imaginary Nation (Shotwell Publishing, 2024) in characteristically excellent fashion, but the book is so insightful that some further comments are warranted. It is clear that Graham has a philosophical turn of mind and is a master of linguistic analysis.
Senior Fellow Alex Pollock drew my attention to an important quotation by Smedley Butler:
