Mises solved the circularity problem of money’s value by arguing, following Menger’s work, the original price of a money was established by its previous exchange ratios to other commodity goods in a barter economy which gave it purchasing power as a medium of exchange.

Early last month, the Democratic Socialists of America (DSA)sponsored a panel on the family at the organization’s Socialism Conference 2025. The organization described the topic this way: “How should the left relate to the family? Socialist analysis makes clear that the nuclear family form is an inherently repressive, racist, and hetero-sexist institution that functionally reinforces and reproduces capitalism.”

In The Struggle for Liberty, Ralph Raico presents a stirring and revisionist interpretation of European history that challenges both progressive disdain for the West and idealizations of its aristocratic past. At the heart of his narrative is a powerful thesis: Europe’s prosperity and preeminence—its “miracle”—was not the inevitable result of geography, imperialism, colonialism, or race but of its distinctive political architecture.

“According to federal data, 57% of workers’ pay grew faster than inflation in June, up from a monthly low of 44% during the height of inflation.”