President Biden claims that spending money to send weapons and ammunition around the world is good for the US economy. Original Article: Don't Fall for Biden's Latest Talking Point
“Whenever and however [government] is instituted, the people must cede to it some of their natural rights in order to vest it with requisite powers.” (emphasis added) —John Jay, “Federalist No. 2” “Like breathing, [government] is not permitted to depend on our volition. Necessity will force it
David J. Bier According to new data published this month, the Biden Department of
Thanks to the exponential growth of government and regulation, the optimistic society of Back to the Future is fast becoming the dystopian world of Escape from New York or Death Wish. Original Article: Back to the Future Morphs into Dystopia
At the end of September, I reported how a recent article in the Army War College academic journal examined lessons learned from the war in Ukraine and that one of the most concerning was the claim that the military might need to reinstate the draft
Marc Joffe The New York Metropolitan Transportation Authority is moving forward with plans to
This article is a brief analysis of the US economic situation from the point of view of the Austrian School of Economics. It is strictly macroeconomic: a deductive hypothesis of what is happening in the aggregates. Let us place ourselves in the months immediately after the
Jeffrey Miron This article appeared on Substack on November 2, 2023. The Biden administration recently announced its intention to expand the border wall between Mexico and the United States; the goal is to limit illegal immigration. This effort will fail. The US‐Mexico border is nearly 2,000 miles long with a terrain
Is a true populist US government on the horizon? Probably not. Original Article: The Spirit of the Establishment Will Thrive under a "Populist Opposition" Government
The New York Federal Reserve said on Tuesday, September 5, 2023, that the estimate for the neutral rate for Q2 has eased to 0.57 percent from 0.68 percent in Q1. Analysts typically translate that rate into a real-world setting by adding the neutral rate to