One of the fallacies of modern academic neoclassical economics is that we can take cardinal measures of value. Austrian economists, beginning with Carl Menger, know better.

Interest rates, inflation, home prices, and federal spending all pose big challenges to a Trump administration that is ill-prepared to deal with the deep-seated problems in the US economy.

No one in the GOP leadership is going to do anything at all about true Fed reform until he fears that his re-election depends on it.

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The FBI has always acted as secret police for the established political class.

The Washington political establishment is alarmed that President-Elect Trump wants to appoint Kash Patel as FBI director, claiming that Trump's choice will "politicize" the FBI. However, the FBI has always acted as secret police for the established political class.

The biggest mistake America has ever made since the nation’s founding was the conversion of the federal government from a limited-government republic to a national-security state.