The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data Tuesday, and according to the report, price inflation during May decelerated, coming in at the lowest year-over-year increase in twenty-six months. According to the BLS, Consumer Price Index (CPI) inflation rose 4.0 percent year over year in May before seasonal adjustment. That’s down from April’s year-over-year increase of 4.9 percent, and May is the twenty-seventh month in a...
Read More »China Calls Out the USA for Instigating the Infamous Color Revolutions
Despite America’s attention abroad being largely Russia-focused recently, the bigger fish to fry in Washington’s eyes is China. Even as the US pours aid package after aid package into the Ukraine conflict with one hand, it still manages to raise its other hand to wag a finger across the Pacific Ocean at its rival superpower. But like every other country in the world, China has been watching America’s cavalier foreign policy and interventionism in the past decades....
Read More »The Republican Debt-Ceiling “Deal” Is Exactly What We Expected
Contrary to the still-enduring myth about Republican budget cutting, there is no correlation whatsoever between Republican control of DC and the trajectory of federal spending. Original Article: "The Republican Debt-Ceiling "Deal" Is Exactly What We Expected" [embedded content] Tags: Featured,newsletter
Read More »Why Barbados Advanced Economically While Jamaica’s Growth Lagged
Onlookers often cannot fathom why Barbados and Jamaica have delivered such divergent outcomes despite their similar history as former colonies of England. Both countries achieved independence in the 1960s and inherited British law and institutions. Yet Barbados eclipsed her peers to become the pride of the developing world, whereas Jamaica recorded years of anemic growth and institutional degradation. However, digging deeper into history reveals that Barbados pursued...
Read More »Austrian Economics Research Conference 2024
The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian school, bringing together leading scholars doing research in this vibrant and influential intellectual tradition. 2024 marks the 50th anniversary of the South Royalton Austrian Economics Conference. In honor of this landmark event, there will be sessions and lectures dedicated to evaluating the advances of Austrian economics over the last half century. The...
Read More »Don’t Get on the Nationalist Bus
Like so many others in the "national greatness" movement, Christopher Buskirk understands some of the problems the country faces but fails to grasp the solutions. Original Article: "Don’t Get on the Nationalist Bus" [embedded content] Tags: Featured,newsletter
Read More »Current Socialists Should Support Government Default: Their Forebears Certainly Did
Bernie Sanders, in a recent opinion piece, attacked Republicans for trying to get concessions out of the Biden administration under threat of debt default, stating, “Defaulting on our nation’s debt would be a disaster.” Writers at Jacobin echo Bernie’s sentiment. Unfortunately, it seems like modern socialists are against default; however, historic socialists are not on the same page as our contemporaries. Karl Marx, Vladimir Lenin, and other socialists were in favor...
Read More »Taxation as a Weapon against Prosperity
The current regime wants to use taxation not simply as a means to collect revenue for the government, but as a weapon against economic prosperity itself. Original Article: "Taxation as a Weapon against Prosperity" [embedded content] Tags: Featured,newsletter
Read More »The GDPR Paradox: Empowering Government in the Name of Data Protection
The European Union’s General Data Protection Regulation (GDPR), which became effective in 2016, is one of the most detailed legislative schemes in the field of data protection. This article discusses two libertarian-minded objections to its approach. First, I argue that the notion of “right” adopted in the GDPR is flawed. Second, it shows that the GDPR doesn’t protect individuals from data-hungry governments and corporations. In the end, data protection legislation...
Read More »How “Squatter Democracy” Created America’s First Welfare Program
With the rise of homeless camps and tent cities in many American cities, the issue of squatting has become a cause for alarm among many residents and policymakers. In many cases parks, sidewalks, and other public rights-of-way have been taken over by people living in tents or makeshift shelters, rendering the areas unusable to most area residents. In other cases, some of these homeless people have taken over empty businesses and homes that were left unattended long...
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