Politics

On the economy, Trump gives himself a grade of “A+++++,” which is reminiscent of Hoover and other politicians who interpreted their economic failures as successes.

For more than 40 years, US farm policy has socialized farm land and transferred wealth to politically-connected people. 

On this episode of Power and Market, Ryan, Connor, and Tho break down the latest FOMC meeting, the real takeaways from Powell’s Fed talk, and the continuing realities of Obamacare.

Americans like to think of themselves as peace-loving people. However, our nation’s war record since the American Civil War points to the US government’s affinity for unleashing total war.

Connor O’Keeffe explains why the New Right’s economic populists have adopted a progressive myth of “laissez-faire gone wrong,” and instead shows how a century of inflation, bailouts, regulation, and managed trade has rigged the system against younger Americans.

While classical liberalism is preferable to socialism and interventionism, it is, at best, a halfway house to total freedom.

Modern egalitarianism is incompatible with individual liberty, something that is not proclaimed in political life. Egalitarians understand this, which is why they want to erase individual liberty altogether.

While US politicians are presenting policy prescriptions to make life more affordable, none of them are proposing what really would end this crisis: free markets.

Politicians now are campaigning on “affordability,” but their idea of making things in life more “affordable” consists of numerous interventions into free markets that ultimately make things more costly.

Mises Institute Fellow Karl-Friedrich Israel appears on The Peter McCormack Show.