Power & Market

Tariffs block the entrepreneurial discovery process that is essential for progress. Tariffs and protectionist policies are damaging in all respects.

Whatever the case, what the Decoupling America’s Artificial Intelligence Capabilities from China Act translates to is another example of an egregious overstep in government authority.

President Grant‘s efforts to annex Santo Domingo were, in part, a last gasp of earlier Republican efforts to send freed slaves off to “colonies” in Central America.

As Mises and other Austrian economists have reminded us, government cannot “invest” profitably because it directs funds toward ventures that were not chosen by voluntary investors.

In a bold and transformative move, President Donald Trump announced his administration’s intention to downsize the federal government by offering compensation to federal workers who voluntarily resign.

The 1929 Stock Market Crash led to the largest economic recession in modern world history.

Donald Trump’s coming trade war with China could ultimately topple the current US economic regime of monetary inflation which enables America’s bubble-monopolist capitalism. The road, though, is unlikely to be direct or smooth. 

The wailing sound you heard last Thursday was the chorus of the Beltway warmongers shrieking in despair at President Trump’s suggestion that there was no reason for the US to be spending one trillion dollars on “defense.”

February 11 would have been the 96th birthday of Burt Blumert, one of my greatest friends and a great champion of Rothbardian libertarianism.

With Central Bank Digital Currency (CBDC) banned by executive order, the Fed may have more incentive to explore alternatives in the cryptocurrency market.