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Javier Milei is trying to undo the damage created by nearly a century of socialism in Argentina. Mises, Rothbard, and Hayek were good teachers.

Many economics textbooks claim that a function of money is to measure the value of goods. In fact, the value an individual attaches to a given sum of money or to any kind of good (including gold) is based on a subjective judgment and is without physical dimensions.

The most common news to come out of the Federal Reserve is the result of FOMC meetings and changes to the Federal Funds Rate.

The jobs report is only something to brag about if one's definition of a strong jobs economy is one in which fewer people have jobs, full-time jobs are disappearing, and government jobs are a growing component of overall job growth.

In a recent statement, the Federal Reserve declared that US banks are "sound and resilient," but a lot of markets, including real estate, testify to a very different situation.

At the urging of a progressive prosecutor, a Michigan jury this week vastly expanded criminal law to convict parents of a school shooter who themselves had not broken the law.

Thursday offered a remarkable contrast between the two world leaders.

In his new book, Paul C. Graham describes the 1789 Constitution as an attempted coup by the nationalists to consolidate power in the national capitol. At the constitutional convention Alexander Hamilton proposed a permanent president who would appoint all governors.

While the German HIstorical School might not have the intellectual influence it once did, its doctrines caused enough damage to alter the direction of world history. And not in a good way.

Another Pentagon audit, another massive failure. But the Pentagon's problems are not just simple accounting. They reflect the reality of an unaccountable rogue empire that tries to prop up the US empire.