Week in Review: February 25, 2017
Cutting back presidential power continues to be one of our most urgent challenges.
Mises Wire
Justice and “Social Justice” Are Two Very Different Things
There's no way to square the coercive positive rights of “social justice” with the concept of “liberty and justice for all.”
Four Agencies to Abolish along with the Dept. of Education
Cabinet-level departments enjoy more political prestige than other agencies. Getting rid of them is first step in cutting back federal spending.
Mises on Political Compromise
No truth is small enough to be sacrificed in the game of political compromise.
Why Government Spending Matters More than the Size of the Deficit
The only meaningful contribution the government can make to people’s living standards is by focusing on a reduction in government spending.
The “Washington Monument Syndrome” Strikes Again as Trump Imposes Hiring Freeze
In response to a hiring freeze on civilian staff — and to cause a public outcry — the Army immediately moved to cut the most popular programs.
Minouche Shafik: Apologist for the Experts
The global bureaucrats are noticing that the masses are becoming disillusioned with "the experts." And they feel the need to combat the trend.
Which is Worse — A Trade Surplus or a Trade Deficit?
Unlike commodity money, fiat currencies allow persistent trade imbalances which cause grave discrepancies in income, consumption, and investment.
We Need Hope
Just taking a moment to be cheerful is a powerful remedy from the misery of politics: in fact, such simple resistance is an almost revolutionary act.
FOMC Minutes: More of the Same
The FOMC minutes revealed a Fed that doesn't know what to do, but pretends like everything's under control.
