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SNB & CHF

Will the BRICS Dethrone the U.S. Dollar?

The summit of the so-called BRICS (Brazil, Russia, India, China, and South Africa) has closed with an invitation to join the group extended to the Emirates, Egypt, Iran, Saudi Arabia, Argentina, and Ethiopia. The summit has generated a lot of headlines about the impact of this widespread group of nations, including speculation about the end of the U.S. dollar as a global reserve currency if this group is perceived as a threat to the United States or even the...

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Forced Isolation of Patients in the ICU Is Barbaric and Counterproductive

Healthcare providers have known for years that contact between patients and family members are essential for good outcomes during intensive care unit (ICU) stays. The ABCDEF bundle is generally accepted as best practice in ICU care. The F stands for “family engagement and empowerment.” Yet, most (if not all) ICUs threw this practice out the window during covid. Family engagement and empowerment is not merely a humanitarian gesture but is necessary for the optimal...

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Family Flourishing and State Denigration

As family life descends into crisis in the USA, many conservatives call for state intervention to "fix" things. It's state intervention that created the problems in the first place. Original Article: "Family Flourishing and State Denigration" [embedded content] Tags: Featured,newsletter

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The Beltway Libertarians Are Too Smart for Oliver Anthony

Ryan McMaken joins Bob to discuss the surprisingly negative reaction (from a Reason writer and Tyler Cowen) to Oliver Anthony's hit song, "Rich Men North of Richmond." Ryan and Bob defend the lyrics, arguing that Anthony doesn't say anything objectionable from either a libertarian or economic perspective. Listen to Oliver Anthony's "Rich Men North of Richmond": Mises.org/HAP412a Christian Britschgi's article in Reason on Oliver Anthony: Mises.org/HAP412b Tyler...

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A Procapitalist Philosopher

Most contemporary political philosophers view free market capitalism with suspicion, if not outright loathing, but one exception is Gerald Gaus, who taught for many years at the University of Arizona. Gaus was by no means a Rothbardian but rather worked within the framework of “public reason” set forward by John Rawls, though Gaus greatly modified it. In this week’s column, I’d like to discuss some of the arguments about property that Gaus makes in Public Reason and...

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Let Staten Island Secede!

If Staten Island is allowed to secede, our national technocrats fear that might open up countless similar demands for self-determination across the nation. For the elites, the current status quo works quite well and they want to keep it that way.  Original Article: "Let Staten Island Secede!" [embedded content] Tags:...

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American Prosperity Is Greater than Most of Us Realize

Traveling was once a luxury for the rich, but today even working-class people enjoy vacations. In America, people have gotten so wealthy that planning summer vacations is a priority for many families. Living standards have improved so tremendously that elite amenities are now commonplace. Nearly 90 percent of American homes rely on air-conditioning, and 92 percent of households have access to at least one vehicle. Relative to the globe, most Americans are high-income...

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Yuan Sulks in to the Weekend, While Finishing Touches are Put on the Dollar Index’s Eighth Consecutive Weekly Gain

Overview: The greenback is lower against most currencies today as it consolidates ahead of the weekend. The Dollar Index's eight-week advance is the longest since a 12-week rally 2014. The Chinese yuan is an exception. Its losses were extended today. Against the offshore yuan, the dollar traded above the onshore band, which is most often respected. Equities ae extending this week's slump. All the large bourses in the Asia Pacific region but India fell. Europe's...

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The Imperial Russian Regime was Neither “Great” nor “Enlightened”

Pope Francis made headlines last week when he described the Russian Empire as "enlightened" and invoked the names of two expansionist Russian czars as examples of Russia's "great culture." In impromptu remarks, Francis said to a group of Russian Catholics,  “You are the heirs of the great Russia: the great Russia of saints, of kings, the great Russia of Peter the Great, of Catherine II, of that great, enlightened Russian empire, of great culture and great humanity.”...

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