America’s “monthly federal deficit hit a record $249 billion in November—$57 billion more than the same month last year—with federal spending also hitting new heights in consecutive months, while tax revenues dropped,” reports the London Daily Mail. The deficit is $57billion higher than it was in November of 2021—which is a record-breaking year-on-year change. Federal spending is up $28billion from last year to $501billion in November 2022, according to the Treasury...
Read More »Money Laundering: Another Noncrime Pursued by Criminal Authorities
Money laundering is illegal in the USA, but like so many other federal crimes, it is difficult to identify and define. That is the perfect recipe for government abuse of innocent people. Original Article: "Money Laundering: Another Noncrime Pursued by Criminal Authorities" This Audio Mises Wire is generously sponsored by Christopher Condon. [embedded content]...
Read More »Since Covid Lockdowns, New York Lost More of Its Population than Any Other State
Florida Governor Ron DeSantis has frequently bragged that Florida is in high demand among people looking to relocate. In a new report released this week from the Census Bureau, it seems that he's been correct. According to the Bureau's report: After decades of rapid population increase, Florida now is the nation’s fastest-growing state for the first time since 1957, according to the U.S. Census Bureau’s Vintage 2022 population estimates released today. Florida's...
Read More »R.G. Collingwood on the Collapse of Civilization
R.G. Collingwood, a philosopher, historian, and archaeologist who taught at Oxford in the first half of the twentieth century, was much esteemed by Ludwig von Mises, especially for his essay “Economics as a Philosophical Science” and, more generally, for his work in the philosophy of history. In this week’s column, I’d like to consider a point that Collingwood makes in his “Fascism and Nazism,” published in Philosophy in 1940, that helps us answer a vital question...
Read More »Jeff Deist on What 2023 Portends
This week's show features a bare-knuckle discussion between Jeff and José Niño of "El Niño Speaks" on the biggest political, economic, and cultural events of 2022—and what they portend for 2023. You don't want to miss Jeff's unvarnished thoughts on the Left, the Right, the economy, and what is sure to be a turbulent New Year. Read José's Substack: josbcf.substack.com [embedded content] [embedded content]...
Read More »The Reichsbank: Germany’s Central Bank Lays Foundation of Monetary Disaster
Long before there was the infamous German inflation of 1923, the Reichsbank created the scenario of monetary debasement. Original Article: "The Reichsbank: Germany's Central Bank Lays Foundation of Monetary Disaster" This Audio Mises Wire is generously sponsored by Christopher Condon. [embedded content] Tags: Featured,newsletter...
Read More »Notes from the Digital Gulag
As the author of Google Archipelago: The Digital Gulag and the Simulation of Freedom, I guess I should not be surprised to find myself squarely in the digital gulag—banished, perhaps permanently, from Twitter and Facebook. Twitter permanently suspended my account several weeks ago, mere days before Elon Musk took over the helm. Although I cannot be sure, I may have been banned because I suggested that the transgender movement is part of a multipronged neo-Malthusian...
Read More »Grover Cleveland Presented the Best Example of a True Liberal Populist
Six years after the election of Donald Trump, the Republican Party is still adrift. On the one hand, the GOP has embraced an antiestablishment and populist message. On the other hand, Republicans have not quite figured out how to balance populism with classically liberal values like constitutionalism and free markets. Indeed, populism and classical liberalism seem to be in direct conflict. Questions remain about how Republican populists will regulate (or not...
Read More »Student Debt: It Is and Has Been a Personal Choice
The Supreme Court of the United States will hear plaintiff and defendant oral arguments for Biden v. Nebraska in February 2023. That case will determine whether the Biden administration has the constitutional authority to forgive student loan debt and thereby make taxpayers responsible for the debts that students have incurred. This past year President Biden announced that his administration would forgive federal student loans. According to the Congressional Budget...
Read More »Secession: Why the Regime Tolerates Self-Determination for Foreigners, but Not for Americans
Opponents of secession in the United States often choose from several reasons as to why no member state of the United States should be allowed to separate from the rest of the confederation. Some antisecessionists say it’s bad for national security reasons. Others oppose secession for nationalistic reasons, declaring that “we”—whoever that is—shouldn’t “give up on America.” Antisecessionists Believe Self-Determination Leads to “Bad” Laws One of the most popular...
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