Populism was in the air this week as ranchers in the Western US opposed the spread of federally-owned lands, and reformers in Switzerland look to a referendum on fractional reserve banking.
Politicians can often be found saying that it would be bad to end a government program because it would unfairly punish those who benefit from the program. But what about those who are punished and disadvantaged by the unjust program in the first place?
In the latest episode of Mises Weekends, Jeff Deist and Yuri Maltsev discuss Socialism, Fascism, and Trumpism.
This week, the dangers of the authoritarian PC culture was driven to the forefront of the national conversation by students at Mizzou. Fortunately, Mises Scholars launched a pre-emptive strike against PC and the degenerating university system at last weekend's Mises Circle in Phoenix.
Social Security has never involved legally-binding contracts between the government and those who allegedly “pay in.” Nevertheless, the government has long pretended that there is a contract, except when it gets in the way of raising taxes to keep the program afloat.
There were many state and local elections in the US this week, but few of them will result in anything that will combat widely held and popular errors about central banking, drug prohibition, and the global environment.
Given the current state of the economy, the Fed appears quite unlikely to raise interest rates any time soon. But what will it do if the economy starts to really go south?
