Top News

The federal government collects a lot more in taxes than the state governments do. And the feds also spend a lot more. This tells us a lot about how the federal government came to dominate all political systems in America.  Original

Despite an endless chain of monetary and fiscal stimuli, the eurozone consistently disappoints in growth and job creation. One of the reasons is demographics. No monetary and public spending stimulus can offset the impact on consumption and economic growth of an aging population,

During the pandemic, governments have gained in power at the expense of society. The many laws voted and decrees announced have severely limited individual freedoms in many countries, despite the fact that from the beginning many doubts existed regarding the

Unlike the ongoing price inflation that is typically caused by central-bank expansion of the money supply, the price inflation generated by diminished supplies of goods is a one-shot affair.  Original Article: "Is There Such a Thing as Good Inflation?" This Audio Mises

Under the Biden administration the US continued escalating the economic and geopolitical frictions with China. At the recent G7 Summit in Carbis Bay, President Biden sought to rally a “united front” against China with traditional G7 allies and new ones

As the epochal struggle for Massachusetts began, it was clear that the majority of the people of the state opposed the Constitution. Furthermore, in contrast to Pennsylvania where the Federalists had the important advantage of recently acquired control of the

The SALT tax deduction allows state and local taxes—like property taxes—to be deducted from federal taxes. To cap it is to pave the way for the federal government to tax income twice. Original Article: "Why Biden Wants a Cap on State

The experts claimed that if any state ended its stay-at-home orders “prematurely,” its economy would become even more devastated than if it remained locked down. The experts were wrong.  Original Article: "Experts Said Ending Lockdowns Would Be Worse for the Economy

If there is one thing every honest money-saving advisor would agree on, it's that a payday loan is a bad idea. Taking a high interest loan backed by nothing but your word to pay off your current account to fuel

Murray Rothbard's seminal 1965 essay "Left and Right: The Prospects for Liberty" reads every bit as well today as it did 50 years ago. Rothbard defines liberalism and conservatism against the backdrop of the European Old Order, and skewers the