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Last night’s debate showed how few Republicans who see themselves worthy of being president know what year they are living in.

In a free society, political crimes like treason and "seditious libel" are few and far between. Under despotic regimes, on the other hand, political crimes multiply. 

The Biden administration is unleashing the USDA on small farmers, attempting to regulate them out of business. This is done to protect not the public's health, but politically connected agriculture interests.

President Biden's new student debt "relief" plan will ensure that college graduates will seek low-paying, low-impact jobs. They would have done as well or better had they not gone to college.

The Ukraine war brings death and destruction with no end in sight. Instead of encouraging more fighting, Western political leaders need to face reality and find a way to end this conflict.

While unemployment currently is low and the rate of inflation has fallen somewhat, Bidenomics is setting off a boom that is unsustainable. We know what happens next.

The Federal Reserve System was originally conceived not as a unitary central bank, but as 12 regional reserve banks. It has evolved a long way toward being a unitary organization since then.

Adding more in private and public debt will increase pressure on the Fed to “do the impossible” - keep interest rates relatively low without creating price inflation.

Robert Ekelund was an outstanding scholar and a true Renaissance man. We will miss him greatly.

In the following diagram, Jesús Huerta de Soto has summarized the actions people take to recover from a disaster when people are free.