Currently, more people seem to be waking up to the state of educational institutions. Complaints of indoctrination in schools by both parents and teachers have increased in public debate in recent years, with various discussions relating to topics such as critical race theory and gender ideology.In addition to political indoctrination, issues such as the drop in reading and math proficiency and policies of prolonged school closures during covid lockdowns have also...
Read More »Greenback Surges after BOJ Hikes and Ends YCC and RBA Delivers a Dovish Hold
Overview: The US dollar is surging today against most of the G10 currencies, and although the intraday momentum is stretched ahead of start of the North American session, there may be little incentive to resist before the end of the FOMC meeting tomorrow. The Bank of Japan's rate hike and the end of Yield Curve Control were not seen as the start of the tightening cycle. The two-year JGB yield slipped to a two-week low and settled below its 20-day moving average for...
Read More »Blackout Of Buybacks Threatens Bullish Run
With the last half of March upon us, the blackout of stock buybacks threatens to reduce one of the liquidity sources supporting the bullish run this year. If you don’t understand the importance of corporate share buybacks and the blackout periods, here is a snippet of a 2023 article I previously wrote. “The chart below via Pavilion Global Markets shows the impact stock buybacks have had on the market over the last decade. The decomposition of returns for the...
Read More »New Video: My Lecture on Secession at Oklahoma State University
The Free Enterprise Society at Oklahoma State University was kind enough to recently invite me to lecture on secession at the University on March 13, 2024. This talk is significantly different from the secession debate at LibertyCon in February because this lecture covers historical, theoretical, and international aspects of secession in much greater detail. The talk is approximately an hour long: Remote video URL [embedded content]...
Read More »Price Inflation Accelerates for Second Month as Biden Blames “Greed”
According to the Bureau of Labor Statistics' latest price inflation data, CPI inflation in February accelerated for the second month in a row, and price inflation hasn't proven nearly as transitory as the regime's economists have long predicted. According to the BLS, Consumer Price Index (CPI) inflation rose 3.2 percent year over year during February, without seasonal adjustment. That’s the thirty-sixth month in a row of inflation well above the Fed’s arbitrary 2...
Read More »Police Dogs Have Abolished Constitutional Due Process
The Fifth Amendment declares, “No person shall be . . . deprived of life, liberty, or property, without due process of law.”Except by dogs.The Supreme Court declared in 1967, “Wherever a man may be, he is entitled to know that he will remain free from unreasonable searches and seizures.”Except by dogs.The Fourth Amendment prohibits warrantless unreasonable searches, but canines now provide push-button vetoes for constitutional rights. Last month in my piece “Highway...
Read More »State Militias and the Second Amendment: Decentralizing Military Power
Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436 [embedded content] Tags: Featured,newsletter
Read More »Connecticut’s Housing Shortage Is Rooted in Government Policies
There is no shortage of experts that the government is willing to hire to gain public favor for a particular policy. For Connecticut, that expert is a man named Cameron Rifkin, a policy associate for the National Council of State Legislatures. On December 4, 2023, at a legislative roundtable discussion on housing, Mr. Rifkin spoke of the grim reality of the housing situation in Connecticut, stating, “Sixty-eight percent of renters in Connecticut with extremely low...
Read More »Janet Is Yellin’ Nonsense. Stagflation Is around the Corner
The canary in the coal mine, is the consumer in our current economic period. We can still hear it, but it is growing weaker.We clearly hear Janet Yellen telling us in a March interview that rapidly increasing credit card use by consumers is normative. Is it normative to use credit card debt to offset “transitory” inflation?America has used credit to promote a recovery. Household debt rose to 17.5 trillion in the 4th quarter 2023. Debit and Credit card balances...
Read More »Marx, Class Conflict, and the Ideological Fallacy
Our present cultural landscape is filled with the language of class conflict, ideology, bias (conscious or unconscious), and the politicization of everything. While there are many contributors to this, we can largely thank (or blame) Karl Marx and his theory of class consciousness and class conflict. While not necessarily following Marx in his economics, these concepts have captured the imagination of many, especially in the modern Western world.The claim is rather...
Read More »