Tag Archives: Featured

In 1991, when the Indian economy was on the brink, Narasimha Rao called upon the eminent economist Dr. Manmohan Singh. What followed is well-documented: the transformation of a $300 billion economy into a $3.5 trillion economy in just three decades. This marked India’s departure from the Nehruvian model of socialist economics and its embrace of the open market system. However, it remains debatable whether India has fully embraced capitalism or still retains socialist...

Le renouvellement et la modernisation du système pour la perception de la redevance sur le trafic des poids lourds liée aux prestations (RPLP) prennent forme. Les détenteurs de véhicules immatriculés en Suisse pourront à l’avenir choisir entre des systèmes de saisie proposés par différents prestataires. Le service de base relatif à la RPLP sera assuré par NATRAS AG, une société de saisie des données fondée en janvier 2024 et mandatée par l’Office fédéral de la douane...

President Nayib Bukele of El Salvador recently spoke at the Conservative Political Action Conference, receiving a hero’s welcome in the wake of his re-election victory. Yet he also delivered some hard truths as part of his speech that conservatives would do well to consider.While conceding that high taxes are a problem, Bukele said the deeper problem is that Americans “pay high taxes only to uphold the illusion that you are funding the government, which you are not.”...

Executives tried to explain themselves at Credit Suisse’s last AGM. KEYSTONE/© KEYSTONE / MICHAEL BUHOLZER In March 2023, Credit Suisse collapsed. An uncontrolled bankruptcy could only be prevented by big government aid and an emergency merger with competitor UBS. Switzerland is now waiting for a parliamentary inquiry report to reveal who was at fault as the bank disintegrated. For some, Credit Suisse’s management and ex-chairman Axel Lehmann are solely to blame for...

The Federal Reserve system, including its twelve regional district banks that issue our US currency, is a creature of Congress, which passed the Federal Reserve Act in 1913 to create our central bank. The Fed is neither part of the executive branch of the federal government, nor is it an independent federal agency within the government, although members of the Fed's Board of Governors are appointed by the Presidential and confirmed by Congress.The Fed's unique...

Overview: We have put emphasis on today's US retail sales report. A recovery from the weather-induced weakness in January should underscore the resilience of US demand after another 200k jobs were created and personal income jumped 1%. While the dollar has traded firmer in the first half of this week, given the 25 bp jump in the US two-year yield, its performance is somewhat disappointing. It is narrowly mixed in the European morning against the G10 currencies. The...

On this week's Radio Rothbard, Ryan McMaken and Tho Bishop reflect on the fourth anniversary of the political response to covid and discuss if any meaningful lessons were learned, could something similar could happen again, and why it is right to still be furious with the tyranny American's experienced from a variety of fronts.Discussed on the Show "Covid Showed Us Who Really Rules America" by Ryan McMaken: https://Mises.org/RR_177_A"Modern Medicine’s...

In recognition of the fourth anniversary of the US government's response to covid, a Mises Apprentice shares their experience as a student during this tumultuous time, highlighting five dates they will never forget.5.) April 2022: “Despite the University’s policy to relax mask mandates and no longer require masks, we will have an open vote in our class next week if we will all ‘commit’ ourselves to continue mask requirements during this course.” I was told this by...

In her dissenting opinion in the Supreme Court affirmative action case, Justice Ketanji Jackson began by announcing that “gulf-sized race-based gaps exist with respect to the health, wealth, and well-being of American citizens.”Justice Jackson argues that these race-based gaps are caused by legacies of oppression; in her view, the only question to be debated is how to eliminate those gaps. She considers it to be self-evident that race-based gaps are explained by...

Since the end of the Cold War, the US has overthrown Haiti’s government three times. In 1991 to remove President Jean-Bertrand Aristide from power. In 1994 to put Aristide back in. In 2004 to remove Jean-Bertrand Aristide again, followed by an invasion of Marines. This, followed by a 15-year United Nations occupation of the country. 20,000 American troops would bolster that occupation after the 2011 earthquake.The multinational occupation of the country introduced...