We're still living with the consequences of the massive monetary inflation by Trump and Biden. Prices are stubbornly high, and falling real wages are driving Americans to say things are getting worse.
"Woke" is not "fighting racism," no matter how it is phrased. It is about undermining a society and its economy, declaring our social and economic institutions as illegitimate.
Joe Biden likes taxes. So it should hardly be surprising that Biden has also embraced protectionism and is anti free-trade, which is fundamentally a pro-tax position.
Ludwig von Mises’s contributions to the development of the technical methods and apparatus of monetary theory continue to be neglected today,
Opponents of secession say secession is wrong if some people in the population don't want it and say they will be worse off. The American revolutionaries disagreed and seceded anyway.
Politicians and the media are blaming businesses for inflation when, in fact, the skyrocketing prices of nearly everything have a government stamp on them.
While the 1979 default was relatively small, the 1934 default affected millions of Americans who had bought Liberty Bonds mistakenly thinking the government would make good on its promises.
In the bizarro world of student loans, someone can borrow six figures without collateral or credit history—and then demand that taxpayers cover the loan.
At the heart of Keynesian business cycle theory is the so-called liquidity trap. Contra Keynes, however, economies don't falter because a sudden increase in the demand for money.
