Power & Market

Infrastructure can be built under freedom because freedom disciplines action. Under coercion, it becomes theater.

The operation is launched and the “objectives” are quickly reached. Or so they claim. But then it all falls apart. We become poorer as the special interests get richer.

Long before Soviet propaganda cynically rebranded the Nazis as “bourgeois,” and long before modern academics lazily stamped them “far-right,” Mises dismantled National Socialism with clinical precision.

Trump justifies his war on Venezuela by saying that “they” stole “our” oil. Unpacking this claim gives us insight into Trump’s version of crony capitalism.

The annexation of Texas was a preview of future foreign policy.

Margaret Thatcher’s famous quote spells doom for new socialist schemes, “The problem with socialism is that you eventually run out of other peoples’ money.”

President Trump recently signed an executive order changing marijuana’s Controlled Substances Act classification from Schedule I to Schedule III.

Among the many rationalizations that the Trump administration is using to initiate massive force and violence against the Venezuelan people is that the Venezuelan government nationalized American oil interests many years ago.

Jim Beam has been making whiskey for a long time, through thick and thin. But the Trump tariffs have shut down the venerable distillery.

A few days ago, cannabis stocks surged after news broke that President Donald Trump is considering ordering his administration to reclassify marijuana as a less dangerous drug, a move that would represent a significant shift in US policy.