When most people speak of the founders of the United States, Thomas Paine rarely comes to mind. However, few men were more influential in rallying the American colonials to independence.
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Category Archive: 6b.) Mises.org
Major conservative split over Israel spills out into the open at NatCon
Conservatives increasingly oppose the socialist State of Israel, and want out of the US's pro-Israel wars. The old guard is very mad about this.
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What Happened to the Profit and Loss System?
Profits and losses play an important role in a free market system. However, as government intervenes to protect politically-connected firms from losses, the entire market becomes distorted and less reliable.
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DOJ Opens Criminal Investigation Into FOMC’s Lisa Cook
Cook allegedly committed mortgage fraud, but the prosecution is really part of an effort to put more Trump personnel on the Fed Board of Governors.
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The US Now Has More Unemployed People than Job Openings
This does not bode well for new potential workers entering the labor force. Remarkably, things look especially bad for recent college graduates.
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Most Trump tariffs are not legal, US appeals court rules
Trump claimed he could single-handedly raise taxes (tariffs) under the International Emergency Economic Powers Act. The appeals court disagreed.
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America Should Follow Iran’s Lead and Legalize Organ Sales
Unfortunately, the only country to have accepted a semi-free market in organs is Iran; however, the results there have been stunning.
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The Venezuela Military Deployment Is about Cronyism, Not National Security
President Trump has deployed naval vessels off the coast of Venezuela, citing its escalation of the war on drugs. However, the true motivation for Washington’s involvement in the region is likelier related to disputed oil claims affecting well-connected energy companies.
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The Short-Lived German Free Trade Movement
John Prince Smith, a British national who settled in Germany, led a free-trade movement in that country in the mid-19th century. Unfortunately, his movement ultimately was overpowered by the rise of Bismarck's Realpolitik.
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How Democratic Socialism Inverts the Logic of Civil Society
Portrayed as a socialist system that is established through the democratic voting system and not imposed by revolutionary violence, democratic socialism leads to an ossified, bureaucratic, iron-fisted system.
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The Venezuela Military Deployment Is About Cronyism, Not National Security
President Trump has deployed naval vessels off the coast of Venezuela, citing its escalation of the war on drugs. However, the true motivation for Washington’s involvement in the region is likelier related to disputed oil claims affecting well-connected energy companies.
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Political Context of Black Suffrage in the Reconstruction Era
Discussions about black suffrage following the Civil War usually are focused upon black voting rights in the South. However, during that same time, northern states passed laws limiting black suffrage, something that often escapes the history books.
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Steve Hanke join CapitalCosm to Discuss Trump and Powell, Interest rates, and Inflation
Following Jerome Powell’s latest signal on rate cuts, economist Steve Hanke explains why markets and policymakers keep fixating on the wrong variable. Interest rates don’t drive the cycle, he argues—changes in the money supply do, with long and variable lags.
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Ending a War That Never Should Have Started
President Trump’s recent efforts to end the Ukraine War have been made more difficult because the EU, NATO, and the US government encouraged Ukraine to fight no matter what. The result has been a bloody disaster.
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Democrats and Republicans Unite to Misuse Taxpayer Funds on Intercity Bus Subsidies
Who says Republicans and Democrats can’t agree on anything. They have both agreed to continue foolish and counterproductive subsidies for buses and other forms of inter-city public transportation.
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Department of War?
Last week President Trump took steps to re-name the Department of Defense the “Department of War”—arguably, a more appropriate name.
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What’s Good About Democracy?
Can a majority vote to end democracy? If it can, democracy would no longer exist. But if it can’t, then not all political issues are decided by majority vote.
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Deposit Insurance: Not an Assurance, But a Warning Label
The Federal Deposit Insurance Corporation (FDIC) is widely seen as a pillar of financial stability, but it is actually it is a warning label that confirms systemic fragility.
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On Swiss National Bank
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SNB Sight Deposits: decreased by 15 billion francs compared to the previous four weeks
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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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