Tag Archives: newsletter

Although they professed to support "states' rights," many proslavery activists wanted a stronger federal government that could force slavery on the western territories and deny local sovereignty to territorial residents.  Original Article: "When Slave Owners Chose Federal Power over Local Sovereignty" [embedded content]...

On July 30, Yellow, one of the oldest and largest trucking businesses in the United States, ceased operations and moved to declare bankruptcy. According to reports, the final nail in the coffin of the ninety-nine-year-old business was a labor dispute with the Teamsters Union. Yellow’s executives also deserve some blame, however. The trucking networks acquired in the 2000s and 2010s were poorly managed, delaying their integration. That said, when the company finally...

Overview: Late yesterday, on the eve of the quarterly refunding announcement, Fitch cut the US rating to AA+ from AAA, citing project fiscal deterioration over the next few years and "the erosion of governance". S&P also has the US as an AA+ credit. Ironically, many observers who have been critical of the US monetary and fiscal policies, like former Treasury Secretary Summers and El-Erian, were also critical of Fitch's decision. The US 30-year yield reached its...

Economic exchange stands as the defining essence of any economy, epitomizing the intricate web of interconnected transactions that shape its very existence. In essence, an economy derives its essence from the culmination of individual exchanges. However, the profound impact of the crucial distinction between voluntary choice and coercion often goes unnoticed by many outside the realm of economic study. In this article, we delve deeper into the dynamics of economic...

The state is, first and foremost, an institution whose overarching goal is the forcible subjugation of all the people who inhabit a given territory. However, what makes the state different from other coercive entities, such as organized crime groups, is that it enjoys some form of popular legitimacy. In other words, in addition to enslaving its inhabitants physically, it needs to secure their mental servitude as well. Many forms of such servitude have been tested by...

Words matter and definitions often become imprecise and “slippery.” There is a natural evolution of language wherein words gradually change over time, but often a key meaning gets lost and there no longer remains a single word to describe a concept. This has been the case with the common word “inflation.” Over the last few years, I have kept a list of quotes about the accurate definition of inflation (and I am always looking for more quotes). What inspired this list...

Whether political elites promote outright socialism or interventionism, thanks to the reality of economic calculation, they are advocating a failed economy. Original Article: "Why Mises’s Theory of Economic Calculation Still Is Relevant Today" [embedded content] Tags: Featured,newsletter

n discussing the recent boycott of Target, University of Michigan economics professor Justin Wolfers recently told MSNBC: [If] Target caves into this, then it says that the moment you threaten the employees of even a very large corporation, you get to control its policies. This is economic terrorism, literally terrorism, creating fear among the workers and forcing the corporations to sell the things you want, not sell the things you don’t. Professor Wolfers is wrong...

Michael talks with Tom Woods about RFK, Jr., whether the elites are evil or just incompetent, and the secret of Tom's success. Out of the Woods? Video of Out of the Woods? [embedded content] Tags: Featured,newsletter

Dieser Flyer gibt interessierten Zeitgenossen eine erste Idee, was die Libertäre Partei ist. Ladet das pdf runter und schickt es Euren Bekannten, Freunden und der Familie. –> Flyer der Libertären Partei (pdf) Wer ist die Libertäre Partei?Die Libertäre Partei gibt es seit 2014. Damals hiessen wir noch “Unabhängigkeitspartei up!”. Unser Parteiprogramm ist unverändert und orientiert sich an der Österreichischen Schule. Was wollt ihr erreichen?Wir wollen mehr Menschen von...