Tag Archives: newsletter

The monumental fiscal and monetary hole that Peronists Massa and Fernández have left for Javier Milei is difficult to replicate. Ex-president Mauricio Macri himself explained that the inheritance Milei receives is “worse” than the one he found from Cristina Fernández de Kirchner. Peronism leaves a country in ruins and with a massive time bomb for the next administration. The enormous economic problems of Argentina start with a primary fiscal deficit of 3% of GDP and...

According to a Brown University professor, ExxonMobil threatens our democratic republic by purchasing another company. The totalitarian woke atmosphere in American higher education is the real threat. Original Article: Is ExxonMobil's Acquisition of Pioneer Natural Resources a "Threat to Democracy"? [embedded content]...

Austria is one part of the name “Austrian economics.” How has the country of Austria prospered by applying Austrian economic concepts? The nation regained full sovereignty in 1955. Their form of government is a parliamentary coalition with a prime minister as head of state and a ceremonial office of president. How would Ludwig von Mises view Austria today implementing Austrian economics? He would not recognize the country he fled in 1934 ahead of the German war...

How States Think: The Rationality of Foreign Policyby John J. Mearsheimer and Sebastian RosatoYale University Press, 2023; 304 pp. How States Think surprised me. John Mearsheimer is a well-known critic of American foreign policy, and his analysis of the Ukraine war has been deservedly influential. As result, I anticipated that this book would expand his critique. The book does contain some critical discussion of American foreign policy, but, for the most part, the...

Der Wahlkampf ist vorbei. Der November bescherte uns grad zwei Anlässe. Am ersten LP-Stamm in Luzern besprachen wir die Möglichkeiten einer Freien Gemeinde: Wir wollen eine Stärkung von Föderalismus und Subsidiarität und begrüssen die Vielfalt von Lebensformen und den Wettbewerb untereinander. Erlaubt uns das Ausreizen der Gemeindeautonomie das erwünschte «Leben und leben lassen»? Johann erwähnte kurz eine konkrete Umsetzung in der Karibik: Guanaja Hills. Für alle, die nicht dabei sein...

Overview: The US dollar is narrowly mixed against the G10 currencies. The Canadian and Australian dollars lead the advancers, while the Scandis are pacing the losers off 0.1%-0.2% in quiet turnover. Most the freely accessible emerging market currencies are sporting softer profiles today, the Chinese yuan is among them. However, most Asia Pacific currencies, are firmer. Benchmark 10-year yields were softer in the Asia Pacific region in mostly a catch-up to the...

The eternal “climate emergency” is upon us. While doomsday is said to be around the corner, the reality is that the only thing rising is the level of government control.  Original Article: The "Climate Emergency": Fueled by 21st Century Marxism [embedded content] Tags: Featured,newsletter

From the onset of the current Israeli-Hamas conflict, the statements from the Joe Biden administration and Congress were crystal clear: America is the indispensable nation, and we’re rich and powerful enough to be able to afford two wars to guarantee the safety of the world. Even with the displeasure over an unstoppable growth in debt and a declining economy, the message to both the domestic and international audiences is DC will get involved wherever it need be. We...

The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low.  Original Article: The Federal Reserve is Running Losses. Does This Cost Anyone Anything? [embedded content] Tags: Featured,newsletter

The leviathan does not rest in pursuing free universities, creeping ahead unchecked by either reason, law, or accounting principles. Why is student assessment of their federal-debt-financed degrees so low? Why are 26 percent of past payments delinquent? More than 50 percent of students agree that they either studied the wrong major or wasted time and money. Less than half have found work in their major field of study. Public dialogue is lured into discussing...