Mises Wire

While President Trump rails against US trade deficits, he forgets that they are due to the fact that the US dollar is the world‘s reserve currency. This, in turn, encourages deficit spending and a bloated national debt.

As President Trump racks up defeat after defeat before the federal courts, the legacy media claims that federal judges are protecting us from government overreach. In reality, government overreach as we know it has been made possible by the federal judiciary.

JD Vance is Palantir’s man and every call for “Vance 2028” is likely music to the ears of the deep state and its Big Tech allies.

Tom Paine is one of the forgotten names of the American Revolution, but it can be argued that no other man was as important in galvanizing the thoughts of American colonials toward independence.

Frederic Bastiat understood better than most how free markets and market prices actually promote social harmony. And unlike most, he understood why Paris, which had little agricultural land, had plenty of food for its inhabitants.

Elon Musk has found out the hard way that one can ferret out hundreds of billions of dollars that Congress wastes, but fail in getting its members to stop wasteful spending. Jim Bovard learned that hard lesson 30 years ago.

The mainstream economic belief is that a growing economy needs a growing money supply to ensure “price stability.” Austrian economists, however, believe that there is no “optimum” money supply, which means government should not engage in monetary expansion.

The pope must defend the family from the state‘s attacks while promoting peace and asserting independence from state power.

While this page has covered rail boondoggles in California and elsewhere, we also look at Seattle, which looked at building a monorail system, but then later wisely back off, saving the city‘s taxpayers hundreds of millions of dollars of future taxes.

“The only influence capable of resisting the feudal hierarchy was the ecclesiastical hierarchy; and they came into collision, when the process of feudalism threatened the independence of the Church...”