Currently, 63 percent of American adults are on prescription drugs, according to a 2021 survey. Of this 63 percent of Americans, 26 percent say they have difficulty affording their prescriptions. Despite the prices of prescription drugs falling in recent years, an increasing number of Americans are concerned about high drug costs and demanding action be taken, 88 percent saying they want it to be easier for generic drugs to enter the market.

President Biden’s “maskless” State of the Union signifies the near-end of the COVID tyranny we have lived under for the past two years. Fortunately for Congress, the President, and the Federal Reserve, the Ukraine-Russia conflict is replacing COVID as a ready-made excuse for their failures and a justification for expanding their power.

Most of my readers are likely to think that socialism is morally wrong in that it violates people’s rights; but in this week’s article, I’d like to discuss an argument by one philosopher who thinks just the contrary, that morality requires socialism, as well as Ludwig von Mises’s refutation of this argument. The philosopher who came up with this argument is Hermann Cohen, a German Jewish philosopher who flourished in the late nineteenth and early twentieth centuries.

We now turn our attention to what happens with an increase in the money supply, rather than an increase in savings. This is critically important.

In the early days of the Russian invasion of Ukraine, the Kiev government issued a decree that men between the ages of eighteen and sixty were prohibited from leaving the country so as to conscript them into military service.

So-called liberal democracies have characterized the West for the past century and are viewed as the pinnacle of political development. So much so that Western elites are firmly convinced that this system of governance should be spread far and wide—be it indirectly (color revolutions) or directly (economic sanctions, kinetic military actions, or nation-building expeditions).