Gilmore and Sugrue On American History
Two well-known historians, in a just published history of the United States, show gross ignorance of US-French relations in WWII.
Mises Wire
No, the Military Has Not Withered Away Under Obama
Numerous pundits within the Conservative media are telling us that the military is facing cuts of historic proportions. In fact, military spending remains at near historic highs and Obama has spent more tax money on national defense than Reagan did during the Cold War.
Can You Find the Crisis?
Free Fed money has led to an unprecedented corporate credit binge of excess spending, especially on share buybacks.
Don’t Worry, Everyone Will Get Plenty of Tax-Funded Stuff in the Latest Budget Deal
The voters are getting what they want: more government spending.
“True Money Supply” Growth Falls to Seven-Year Low in October
During October 2015 (the most recent data available), the TMS increased 6.9 percent over October 2014's TMS value. October's growth rate was the lowest rate of growth shown in 7 years (84 months).
Pope Francis Contradicts Himself on Religious Liberty and Capitalism
When the Soviet Union wanted to take away the rights of Catholics to worship, it confiscated their churches. The Soviets knew that the right to own property is intimately connected to a right of religious freedom. Pope Francis appears to not understand this.
California and New York Are Poorer than You Think
This week a number of wire services picked up a story in whi
Social Security: The Long Slow Default
Social Security has never involved legally-binding contracts between the government and those who allegedly “pay in.” Nevertheless, the government has long pretended that there is a contract, except when it gets in the way of raising taxes to keep the program afloat.
Academic Welfare Queens
During Monday’s chaotic day of demonstrations at the University of Missouri, professor Melissa Click accomplished something she may ha
