Lord of the Manor
For this week‘s version of Friday Philosophy, Dr. David Gordon reviews Mary Grabar‘s Debunking FDR, which examines Roosevelt‘s paternalistic worldview and how it shaped his political life and his presidency.
Mises Wire
Relearning the Lessons We Never Learned from World War I
The 20th century gave us two world wars that have altered the world's political landscape to this day. We would do well to remember the main lesson from World War I: there is no “honor” in warfare. It is pure murder.
Student Loans: A New Sheriff in Town
Forbes called this explosive loan situation, a “perfect storm…of heavier debt loads, higher payments, and an unforgiving economy.”
MMT and US History: Redefining Chartalism
MMT uses chartalism and a few dubious examples to appeal to history to establish the theory‘s authority and validity, only to discard this element as irrelevant and unnecessary.
Interest Rates Rise Again as Treasury Auction Comes Up Short
On Wednesday, the Treasury bonds auction was so weak that 20-year and 30-year yields continued to rise as investors expect a rising wave of mounting federal deficits and debt.
Thomas Malthus’s Disciples: The Pro-Natalists
Progressives have repeated the Malthus theme of overpopulation for six decades. However, the real demographic problem facing modern industrial nations has been the dearth of population growth fueled by an inflation culture.
Regime Uncertainty and the Trump New Deal
President Trump has made a lot of noise in the business community in the first few months of his administration. Unfortunately, his actions and rhetoric have created a lot of uncertainty in the economy, threatening capital development.
What the Biden Health Coverup Reveals About the Political Class
The reaction to Biden’s cancer announcement reveals how little trust the public has in the people who spent years claiming that Biden’s mental decline was fabricated by right-wing propagandists. That lack of trust is well deserved.
The Spanish Blackout and the Costs of Renewable Energy
The usual suspects from the American and European elites are claiming that Spain‘s recent blackout was the result of unusual weather conditions. In truth, Spain‘s dependence upon renewable energy was to blame.
Diploma Inflation and the Erosion of Academic Signaling
Economists have said that a higher education degree is a form of “signaling” by the person holding the diploma. Thanks to government attempts to make higher education readily available, the value of a college degree has been severely degraded.
