Mises Wire

David Brady, Jr. reviews The Magic Coin by Dr. Jonathan Newman, a children‘s book that explains money in a way that even modern adults can understand.

Establishment figures erroneously claim Trump’s recent frustrations with Putin prove them right—that Putin can’t be reasoned with.

It is easy to think of inflation as just being economic in scope. Yet, as inflation becomes an expected part of the body politic, it affects the culture as well, encouraging everyone to try to live beyond their means.

Keynesian “economics” is not just wrong; its precepts are not just based upon fallacies but also on lies. Since Keynes self-described as an “immoralist,” we shouldn‘t be surprised that his economics is immoral, too.

Thanks to massive federal intervention into the housing markets for more than 20 years, the housing crisis is worse than ever. The outlook for multi-family housing is especially bad with a bleak future.

Israel’s televised genocide has corroborated the reality of the Palestinians; their reasons for rage and their rights to resistance and recompense.

Rumor has it that the Federal Reserve was able to resist the president‘s demands to enable funding of the Korean War. However, a look at the record demonstrates conclusively that the Fed bowed to Harry Truman‘s wishes to do what it has done for a century: finance America‘s wars.

Members of the establishment are trying to seize on Trump’s recent frustrations with Putin to act like they’ve been right all along that the Russian president cannot be reasoned with. In truth, the difficult situation Trump finds himself in is almost entirely their fault.

State-funded media has been a hallmark of the Soviet Union and of all other oppressive, totalitarian regimes in history.

President Trump‘s so-called “One Big, Beautiful Bill” is more of the same: big and bloated. It adds billions to the federal deficit and does nothing to deal with the government‘s ruinous debt. Naturally, the Republicans support it.