U.S. History

The Fed has abandoned its own rules on "price stability" in order to favor what are essentially higher inflation targets. The Fed is now headed down a road it traveled in the 1970s.

This CIA’s omnipotent power to assassinate people came into existence without even the semblance of a constitutional amendment. It was ostensibly enacted by Congress and later acceded to by the Supreme Court.

Thomas Sowell concluded that “A vastly expanded welfare state in the 1960s destroyed the black family, which had survived centuries of slavery and generations of racial oppression.”

The fact that Yalta can now clearly be seen to have been a betrayal is another reason to be wary when pundits and talk show hosts jump on the bandwagon for the next killing spree abroad

The original American progressive movement was split into two groups: the corporatists and the socialists. Woodrow Wilson was able to work with both. In Kamala Harris, he may have an heir.

While the Left believes itself to be the friend of the downtrodden, the fact is that the Left supports policies that hinder countless Americans of all backgrounds in attaining economic success for themselves and their families. 

The best way to think about tradition is to view it like capital accumulation. Knowledge is accumulated through countless centuries of trial and error. The state seeks to destroy historical consciousness and old ways of life to secure power.

Lockdowns, protests, decimated economy, unemployment, and raw animosity. What does it all mean for you, for freedom, and for the future of America—economic and otherwise?

Bob explains some of the highlights of his newly released chapter for the Mises Institute book on “Understanding Money Mechanics.”

The crisis we faced in 2008 has not gone away, as we failed to heed its warning to change course and reduce debt levels. Instead, it has become bigger and more dangerous.