The original adherents of “America First” grounded themselves in a liberal tradition, arguing that entanglement in foreign wars would erode freedom at home and threaten our constitutional republic.
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Monthly Archive: June 2025
The Entrepreneur and the Summer Blockbuster
Creating a hit movie series, television show, or video game is a phenomenon that not only strikes without warning, but can also strike in unexpected places—or fail to strike where it is intended. Austrian economics provides some key insights.
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SCOTUS Strikes a Blow against Public School Indoctrination of Young Children
The Supreme Court has told Maryland parents their children do not have to sit through militant LGBTQ+ indoctrination classes, violating their religious values. Previous courts had forbidden parents from “opting out” of such sessions. This is a blow against government tyranny.
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The Entrepreneur and the Summer Blockbuster
This summer, Hollywood is celebrating the 50th anniversary of its summer blockbuster “Jaws.” The making of such films provides a good analysis of how entrepreneurs operate in a world of uncertainty. Austrian economists are best able to understand how this process works.
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Mexico’s Energy Sector Goes Backward
The government argues that restoring state control protects Mexico’s resources from foreign exploitation and ensures that profits benefit Mexican citizens. However, removing competition and transparency lead to inefficiencies, increased costs, and an unreliable energy supply.
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A New Online Resource: Libertarian Literary and Media Criticism
The site can also host blogs and announcements related to Austrian economics and libertarianism in the humanities.
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Why Recessions Are Not about Declining GDP
A recession is defined by negative economic activity over several months with an accompanying decline in GDP. However, given the actual makeup of GDP, it is inaccurate to directly tie recessions to GDP at all.
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The Greenback is Finishing the Month Quietly, while PBOC Fixes the Dollar at New Lows for the Year
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Dollar Index Slumps 10.8% in Biggest First-Half Loss Since 1973
The US dollar index tumbled in the first six months of the year, posting its worst first-half performance since 1973 when Richard Nixon was president.
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SLR: Could It End The Bond Bear Market
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Shadow Fed Chair: Good Idea?
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Federal Reserve technocrats spent millions on new opulent offices
The chair of the Senate Banking Committee, branded the renovations “luxury upgrades that feel more like they belong in the Palace of Versailles.”
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Why Recessions Are Not about Declining GDP
A recession is defined by negative economic activity over several months with an accompanying decline in GDP. However, given the actual makeup of GDP, it is inaccurate to directly tie recessions to GDP at all.
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Unemployment Claims Reach the Highest Since 2018 (Ex Covid)
With the exception of the “covid panic” and the mandated lockdowns, etc., last week was the highest total for ongoing unemployment claims since early 2018.
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80% of House Price Appreciation Since 1990 Was Due To Falling Mortgage Interest Rates
Low interest rates are a type of subsidy to home prices, and rising prices reflect falling mortgage rates.
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Mexico’s Energy Sector Goes Backward
The government argues that restoring state control protects Mexico’s resources from foreign exploitation and ensures that profits benefit Mexican citizens. However, removing competition and transparency lead to inefficiencies, increased costs, and an unreliable energy supply.
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Trump pens handwritten note to Powell demanding lower interest rates
Trump continues his campaign demanding more inflation and the further devaluation of the dollar.
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Two Sixties Rock Songs That Celebrate Capitalism’s Greatest Creation
For millennia prior to the dawn of the Industrial Revolution, the vast majority of men, women, and children toiled from dusk to dawn and beyond just to keep body and soul together.
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Review of Greatness and Ruin by Ricardo Duchesne
Western Civilization has brought great advances in culture and economics, yet no one is more relentless in trying to destroy this civilization than western intellectuals. Ricardo Duchesne lays it out in his book, Greatness and Ruin.
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President Trump: End the War Now!
Unfortunately, President Trump has severely damaged his credibility by embroiling us in a war that is not our war.
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On Swiss National Bank
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SNB Sight Deposits: increased by 1.7 billion francs compared to the previous week
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
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2025-06-25 – Quarterly Bulletin 2/2025
Main SNB Background Info
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