On May 14, 2025, the American Council for Education, backed by over 50 higher education groups, issued a statement titled “A Call to Reforge the Historic Compact Between Higher Education and the Federal Government.” They’re pushing back against the Trump administration’s plan to cut university funding and eliminate DEI programs, claiming the government-university partnership makes American higher education “the envy of the world.”
Everyone likes to be flattered by being called “great,” especially Donald Trump. Equally as flattering is to have one’s entire country called “great” if not “the greatest,” “exceptional,” or “indispensable.” Or perhaps even “a shining city on a hill,” reminiscent of “The Emerald City” of The Wizard of Oz.
Nominalist ideas influenced the scientific revolution, shaping its departure from metaphysics, its mechanistic perspective, and the mathematization of all sciences.
The story of Joe Biden’s mental decline—hidden in plain sight by the legacy media—has become The Story That Will Not Die. While the media are blaming Biden’s White House staff, as well as former First Lady Jill Biden, the real reason this scandal—and it is a scandal—has existed is the legacy media itself.
On Monday’s Episode of the Tucker Carlson Show, Carlson interviewed Catholic Bishop Robert Barron, largely to discuss topics related to the election of Pope Leo XIV. Most of the interview is unremarkable for our purposes here at mises.org, but at one point, the discussion touched on the problem of usury and the modern financial economy.
Thomas DiLorenzo joins CapitalCosm to discuss the growing interest in gold at the state level
Thomas DiLorenzo joins the New American’s Alex Newman to discuss “Federal Reserve: The Ultimate Deep State Tool of Control & Destruction“
As an economist, I am often asked how fast the money supply should grow. The answer is simple: it shouldn’t. In fact, once an economy has a money supply, any amount is optimal. This answer is often met with confusion because it is so far outside of their expectations. To build my case, let us make a simple argument.
The trade problem that America faces today is not new. It is rooted in what economists call the Triffin trilemma—also known as the Triffin dilemma or Triffin paradox—named after Belgian-American economist Robert Triffin. This principle highlights a fundamental contradiction: a national currency such as the US dollar cannot simultaneously serve as both a stable domestic currency and the world’s primary reserve currency without generating trade imbalances.
