Tag Archives: Featured

Last week, President Joe Biden and a number of top American and European officials met in Normandy to attend a ceremony marking the eightieth anniversary of the D-day invasion. In a pair of speeches, Biden recounted the operation that he said marked the beginning of the “great crusade to liberate Europe from tyranny” before drawing a direct connection to where things stand with the war in Ukraine.Biden called Russian president Vladamir Putin a tyrant who invaded...

Best-selling author and economist Bryan Caplan joins the podcast to discuss why housing prices continue to rise, what we can do about it, and why everyone seems to hate markets. Follow Bryan on Twitter @Bryan_Caplan Connect with Monetary Metals on Twitter: @Monetary_Metals [embedded content] Additional Resources Books by Bryan Caplan Bryan Caplan’s Substack: Bet on It Earn Passive Income in Gold Gold Bonds to Avert Financial Armageddon Arthur Jensen Book Podcast...

In September 2024, undergraduate students will have an opportunity to participate in the Fall Mises Book Club, a program that promotes deep reading in Austrian economics.The reading for this book club will be Murray Rothbard’s Egalitarianism as a Revolt Against Nature and Other Essays. This year marks its 50th anniversary.Rothbard smashes myth after myth in this collection of essays. In the first essay, Rothbard questions the goals of egalitarianism...

In recent days, we have had brought home to us what “show trials” are like. They are not confined to Soviet Russia and it satellite countries during the Cold War but are a very present reality to us in America today. Political opponents of Donald Trump charged him with felonies for acts that were entirely legal. The judge in the case was a political opponent of Trump and worked artfully to prevent the trial jury from hearing testimony that would have exposed the...

Robert Reich has embarked on an intellectual journey- he intends to debunk 10 economic myths. The first of these 10 supposed myths is the idea that economics is a value free objective science. Reich offers a brief history lesson, in which he describes how Adam Smith developed economics as a branch of moral philosophy . Patrick Carroll has pointed out that Reich’s argument entails a fallacious appeal to tradition. Reich’s reference to Adam Smith is also argument by...

The individual’s natural right to life antedates the state apparatus.Let us not commit the Sin of Abstraction—the sin of escaping into theory, and in so doing, avoiding reality—the reality of Israel’s real sins, real crimes, the crime of all crimes.When Americans reflect on history’s tragedies and travesties, they habitually extol the virtue of Pax Americana, but never the horrors of it. Having shaped the annals of the past, regime historians, naturally, speak a...

Price discovery in commercial real estate, which had been frozen while sellers insisted on prices from the good ol’ ZIRP days, is starting to thaw. Real Estate giant Related Companies has unloaded the property at 321 W. 44th St., New York, New York for less than $50 million, reports Bloomberg. Not only is that a 67% discount from the nearly $153 million that Related Fund Management paid for it in 2018, but the lenders including Canadian Imperial Bank of Commerce...

Low-tax and wealthy Zug is invariably a net contributor to the Swiss financial equalistion system. Keystone / Urs Flueeler Redistribution payments between regions will rise by 4.8% to CHF6.2 billion ($6.91 billion) in 2025, the Federal Finance Administration (FFA) said on Tuesday. According to provisional calculations, annual compensation payments to cantons with low resource potential – the main component of the equalisation scheme – will climb by CHF331 million...

American Compass, a think tank promoting a conservatism lacking even a rhetorical commitment to free markets, recently called for Republicans to support tax increases. The organization claims a GOP embrace of higher taxes will enable the uniparty’s left (Democratic) and right (Republican) wings to create a deficit reduction plan balancing tax increase with spending cuts.American Compass is correct that both parties need to prioritize deficit reduction. The 35...

Gold rolls over after retesting key resistance as the outlook for US interest rates remains elevated.  This keeps the opportunity cost of holding non-yielding Gold high, making it less attractive to investors.  Gold (XAU/USD) trades a quarter of a percent lower on Tuesday after being rejected by key support-turned-resistance at $2,315 late Monday. Higher interest-rate expectations in the US are weighing on the precious metal. The release of better-than-expected US...