Mises Wire

Trump has even dubbed himself “a Tariff Man.” This is nothing new, however, his frequent claims regarding the US economy during the Gilded Age need scrutiny.

When politicians claim they are “creating jobs,” they usually mean hiring people for tax-funded government employment. Jobs in private enterprise, however, help to create real wealth and contribute to economic growth and higher living standards.

If we accept the Peronist views of the late pontiff, we obviously cannot support the marketplace. But fortunately, there is a better option available to us.

The California Bullet Train has become the Eternal Project That Won‘t Go Away no matter how big a failure it has become. Political inertia is a powerful force and California politicians have used it to deceive voters and taxpayers, who will face a reckoning.

The first 100 days of the second Trump administration have made it clear that those who want the foreign policy status quo to continue are serious about doing what it takes to accomplish their goals, while those who want to change it are not.

On the 250th anniversary, we recall that the Americans were willing to disperse, but not to disarm. In 1775, they took up arms against one of the most powerful regimes on earth.

South Vietnam ceased to exist as a separate country 50 years ago. What followed was an object lesson on the failures of socialism, as Marxist ideology turned Vietnam into one of the world's poorest countries. Vietnam‘s “second revolution” was successfully embracing a market economy.

The first 100 days of the second Trump administration have made it clear that those who want the foreign policy status quo to continue are serious about doing what it takes to accomplish their goals, while those who want to change it are not.

How can we determine if a private company is a true partner of the state—truly benefiting from state power—or if the private company is really a victim of the state?

Higher education has become unaffordable and its curriculums hopelessly politicized. We should remember that all of this is a result of programs developed more than a half-century ago to make higher education more accessible.