Man Shoots Intruder, Turns Out to Be Cop – Gets 13.5 Years

By: Tho Bishop Tyler Harrell was found guilty of a charge of aggravated assault today in a case that should concern anyone who cares about the right to self-defense. Back in 2016, Harken grabbed his AK-47 after being awaken by a loud bang.  With him and his mom believing his house was being […]

Pope Francis Endorses Slower Growth, More Poverty

By: Daniel J. Mitchell I almost feel guilty when I criticize the garbled economic thoughts of Pope Francis. After all, he was influenced by Peronist ideology as a youngster, so he was probably a lost cause from the beginning. Moreover, Walter Williams and Thomas Sowell have already dissected his irrational ramblings on economics and explained that free markets are […]

Federal Reserve Nominee Wants To Take Your Cash And Track How You Spend

By: Connor Boyack Central banks are shrouded in secrecy and few understand how they operate. These institutions handle economic matters that we’re told are far too complex for average people to understand. The Federal Reserve’s secrecy originated from its inception, when created by a group of elite men using secret […]

Ron Paul, Populism, and the Fed

By: Tho Bishop I’ve been really enjoying David Beckworth’s Macro Musings podcast – a nice, conveniently way of hearing some good econ discussions outside of my own personal bubble. There was an interesting interview with Neel Kashkari who talks about why there has been very little movement within the Fed to really explore NGDP Targeting or pushing up the inflation target, in […]

DeLong is Wrong on Trump’s Tax Cuts

By: Joseph T. Salerno, Mark Thornton Bradford DeLong posted a vicious rant on his blog recently accusing the signatories of a letter in support of President Trump’s economic policies of being “both 100% cynical and 100% deluded” as well as “moronic and easily grifted.” However, it turns out that Delong […]

Spare Me Claims Gina Haspel Will ‘Speak Truth to Power,’ Real Truth-Tellers Go to Jail

By: James Bovard In the Senate Intelligence Committee secret vote today on whether to confirm Trump nominee Gina Haspel as chief of the CIA, she will likely again be praised for promising to “speak truth to power.” This has recently become one of the favorite accolades in the least trusted city in America. […]

“Austrian” Money-Supply Growth Slowed in April

By: Ryan McMaken Last month, we reported that money-supply growth accelerated for the first time after a year-long period of falling growth rates, at the end of which money-supply growth fell to a near-ten-year low of 2.6 percent, year over year.  In March of this year growth rates had headed upward, […]

Russia First: Putin Continues to Pull Back on Military Spending

By: Tho Bishop Last year I noted that America would benefit from Trump acting more like Putin – at least in terms of military spending. After all, while Trump and Republicans were pushing for a $80 billion increase in the defense war budget, Putin’s government had reduced their’s to a […]

Jeff Deist on the Tom Woods Show: Is the Term “Libertarian” Still Useful?

By: Jeff Deist, Thomas E. Woods, Jr. Jeff Deist joined the Tom Woods Show yesterday to discuss whether the term “Libertarian” is still useful. To quote Tom Woods, “This one’s a doozy, my friends.” Listen here. Powered by WPeMatico

Trump’s Plan for Iran: Put Terrorists in Charge

By: Ron Paul Back in the 2008 presidential race, I explained to then-candidate Rudy Giuliani the concept of “blowback.” Years of US meddling and military occupation of parts of the Middle East motivated a group of terrorists to carry out attacks against the United States on 9/11. They didn’t do […]

Sports Fans Win Big from Legalizing Gambling, Now Keep Congress Out of It

By: Tho Bishop Very rarely do I have a reason to praise Chris Christie, but he delivered one today by winning his Supreme Court case granting states the power to legalize online gambling.  This move is a major win for sports fans, even those who don’t prefer to gamble. Why? Just […]

Back from Texas: On the Coastal Mindset

By: Ilana Mercer I recently traveled to Texas to speak about South Africa, at the Free Speech Forum of  the Texas A & M University. To travel from the Pacific Northwest all the way to College Station, Texas, without experiencing more of the “Lone Star State” was not an option. […]

The Ideological Push for Legalization

By: Mark Thornton Austrian economists have an great frustration of not being able to quickly change public policy in the short run despite having great theoretical insights on economics and policy.  However, we know that in the long run that we can help change public policy when we can use scientific insights […]

When Hayek was Harassed by the IRS

By: Richard M. Ebeling (The photo below) Friedrich A. Hayek arriving for one of the morning sessions at the second Austrian Economics conference at the University of Hartford in June 1977. The conference was sponsored by the Institute for Humane Studies, with Don Armentano as the conference director. Toward the […]

CEI: Federal Regulations Cost $1.9 Trillion Annually

By: Tho Bishop A recent report from the Competitive Enterprise Institute highlights the cost of America’s regulatory state. According to CEI: The estimate for regulatory compliance and economic effects of federal intervention is $1.9 trillion annually for purposes of comparison with federal spending and other economic metrics. This estimate was […]

Americans Pay for Washington Secrecy

By: James Bovard Secrecy is a knavery entitlement program. Thanks to the ludicrously named Congressional Accountability Act of 1995, victims of alleged sexual harassment by members of Congress receive secret taxpayer-funded settlements. That means constituents rarely learn that their tax dollars underwrite their representatives’ allegedly roaming hands. More than $17 […]

David Stockman on the Tom Woods Show: the Real Condition of the Trump Economy

By: David Stockman, Thomas E. Woods, Jr. This week David Stockman joined the Tom Woods Show to cut through the fake news about the US economy.  Powered by WPeMatico

The NSA Continues to Abuse Americans by Intercepting Their Telephone Calls

By: Ron Paul One of the few positive things in the ill-named USA FREEDOM Act, enacted in 2015 after the Snowden revelations on NSA domestic spying, is that it required the Director of National Intelligence to regularly report on its domestic surveillance activities. On Friday, the latest report was released […]

The Next Time You Read Central Bank Policies Create Growth…

By: Daniel Lacalle (From Daniel Lacalle on Twitter) His article last year “Are Central Banks Nationalising the Economy?” explains how the two charts are connected: The government is not issuing “productive money” just a promise of higher revenues from higher taxes, higher prices or confiscation of wealth in the future. […]

Cato’s Michael Cannon is Wrong about Baby Alfie

By: Michel Accad Michael Cannon, director of health care policy at the Cato Institute, has just published a piece where he criticizes conservatives for being “all wrong” about the Alfie Evans case which, according to him “had almost nothing to do with socialized medicine.” As hostile as libertarians are to […]