Trump Wants $500 Billion More for the Pentagon As Deficits Mount
Trump ways he wants to spend half a trillion more dollars on military spending, even as federal spending persists at Biden-Era levels and interest on the debt climbs ever upward.
Trump ways he wants to spend half a trillion more dollars on military spending, even as federal spending persists at Biden-Era levels and interest on the debt climbs ever upward.
Central bankers don’t fear Trump “politicizing” the Fed. They fear he’ll expose it already is.
This feud is little more than two factions within the Federal government fighting over how exactly to use the Fed’s many powers to inflate, exploit, and help fund an ever expanding federal government.
The current Washington tiff between Donald Trump and Jerome Powell is being reframed as Powell heroically defending the Fed’s “independence.” In truth, the Fed has always done the administration’s dirty work and pursued inflation when it might temporarily boost the economy.
"America, above all countries, was born in an explicitly libertarian revolution, a revolution against empire; against taxation, trade monopoly, and regulation; and against militarism and executive power."
The standard explanation for the Constitutional Convention was that the Articles of Confederation were a failure. However, the Articles actually worked the way they were supposed to work. Unfortunately, the advocates of a strong central government ultimately got their way.
Hyperinflation isn’t ancient history. It’s a recurring policy failure with war-level damage.
Vivek Ramaswamy promotes a fictional version of American history in which a handful of people created America and that culture and religion are canceled out by an ideological "creed." In truth, the American nation and the American state are two different things.
Anti-impact environmentalists want you dead; they will settle, in the short term, for you to feel guilty for existing, producing and consuming, and willing to comply with any degree of central planning and freedom curtailment to “save the planet” from you.
On this episode of Power & Market, the panel kicks off 2026 with a conversation about the arrest of Maduro. What's next for Venezuela? What's DC's next target? Does America really need a 1.5 trillion dollar defense budget? We look at these questions and more.
With American intervention in Venezuela, some are claiming that the Trump administration is simply invoking the Monroe Doctrine, or its corollary, the “Donroe” Doctrine. In reality, neither doctrine is an appropriate reason for US military intervention in Latin America.
Whatever advances Great Britain made during the Margaret Thatcher years have long been reversed as the UK finds itself in decline of its economy and social fabric. Big government, once again, is the culprit.
In his inaugural speech, New York Mayor Zohran Mamdani declared an end to “rugged individualism” and the embrace of “the warmth of collectivism.” New Yorkers are about to find out that collectivism will not produce what they need to have better lives.
The Trump administration wants Americans to believe that this latest intervention into Venezuela was a quick and definitive success. But, given enough time, there is essentially no way this can go well.
The Austrian School of economics isn’t a 20th century or even 19th century creation. Instead, Austrian economics is rooted in the logical thought, as developed by Aristotle and Thomas Aquinas.
Dr. Per Bylund explains how prosperity really comes from imaginative, risk-taking entrepreneurs rather than redistribution, and how regulations quietly kill off an unseen world of potential innovations and wealth that never gets a chance to exist.
Donald Trump’s war against Venezuela is truly a racket, as it looks to be little more than an attempt to loot the nation of Venezuela’s natural resources in the name of “liberation.”
The US seeks another puppet regime in South America, and all this talk about democracy, human rights, and noble causes is just cover for the exercise of raw power. But that doesn't stop Trump supporters from pretending it's all about freedom.
Sensing the dangers of tyranny by the majority, John C. Calhoun developed the doctrine of the concurrent majority which served to limit the powers of government.
Dr. Peter Klein explains why truly “liberating the American university” means cutting all state ownership, funding, and regulation—not just tweaking DEI programs or research grants—and letting genuinely private institutions compete to provide higher education.