Mises Wire

Trump says he wants the US central bank to be more like the European Central Bank which has been more aggressively forcing down interest rates in recent months.

Despite Trump‘s campaign promises and despite DOGE‘s so-called reputation of cutting government waste, the new administration is spending money faster than the supposed spendthrift Biden administration. This is Machiavellianism at its best.

Amtrak subsidies keep many of Amtrak‘s routes alive despite the fact that ridership is down on many of them. These subsidies guarantee that Amtrak will be a second-rate, undercapitalized passenger railroad system.

We speak of the “economy” as though it produces goods. Yet, the term really is a fiction, as purposeful individuals working in cooperation with each other are the real producers.

In a true free market economy, credentials would not matter, and certainly not to the extent that they matter today. Credentialism, unfortunately, is a product of government interventionism.

Daniel Lacalle joins Bob to tout the BBB as a pro-growth piece of legislation that is as good as libertarians are going to get.

Following the overtly anti-capitalist papacy of Pope Francis, one asks if Pope Leo XIV will follow his predecessor or steer the Roman Catholic Church‘s leadership back toward economic liberty and natural law. One hopes it is the latter.

With Fathers Day approaching, fatherhood is one more casualty of American progressivism, resulting in many social pathologies. Unfortunately, many conservatives and progressives seem united in the belief that the situation requires more government intervention.

In this week‘s Friday Philosophy, Dr. David Gordon looks at the methodology of Timothy Williamson. While Williamson might not like the implication, Dr. Gordon notes that Williamson‘s methodology can be used to defend the epistemological views of Murray Rothbard.

Industrial policy was once a relic of the 1980s, part of the failed presidential campaigns of Walter Mondale and Michael Dukakis. Unfortunately, it has reappeared in the form of policies being put forth by Donald Trump and the MAGA movement.