The countries seen as targets to follow Brexit are Austria, Hungary, Italy and Poland, according to leaked details of the US national security strategy.

On Wednesday, the silver price hit $63.86 per ounce — nearly double its level a year ago — after the Federal Reserve trimmed rates by 25 basis points.

Christopher Chantrill: Most every corrupt government program begins as a moral crusade and ends up as a spoils system: Social Security, Medicare, Obamacare, etc. 

Federal workers are a powerful lobby in Washington, and taxpayers pay the bills for federal bureaucrats’ wages inflated through federal laws favoring federal unions. 

President Trump is planning to appoint a two-star US general to lead the international force that may be deployed to Gaza under the US ceasefire deal.

From the Quarterly Journal of Austrian Economics:

From the Journal of Libertarian Studies.

Abstract:

Perhaps it’s just for convenience that most macroeconomics textbooks still teach and discuss monetary and banking policy as if the 2008 and 2020 changes never happened. But when I recently supplemented a classroom discussion with the actual framework, I fell down a rabbit hole so disturbing that Bob Lee Swagger’s horrified line from Shooter, “What kind of sick mind would think of something like this?” (this is the TV version of the original), has been looping in my head ever since.