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President Trump and Hegseth are cashing a blank check for carnage that was written years earlier by President Barack Obama.
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Politics
The drive to religious freedom in America was carried out overwhelmingly in the state legislatures—and the federal First Amendment had almost nothing to do...
Editor's Pick
Peter Van Doren The Federal Emergency Management Agency (FEMA) recently denied a request for disaster assistance from Allegany County, Maryland, which voted for Donald...
Editor's Pick
Ian Vásquez A Hong Kong court today convicted Jimmy Lai, the territory’s most prominent champion of democracy and basic human rights, of breaching national...
Editor's Pick
Jon Hoffman This past weekend, the Islamic State (ISIS) killed three Americans in Syria—two US soldiers and one civilian contractor—marking the first US casualties...
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David J. Bier On December 4, the Department of Justice (DOJ) disseminated a memorandum to all federal prosecutors creating a strategy for arresting and charging...
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Mike Fox When the US Constitution was first drafted in 1787, it didn’t include a specific declaration of individual rights. Many of the Framers...
Editor's Pick
James A. Dorn The distinctive feature of capitalism, properly understood, is freedom: the freedom to own property (i.e., to be a capitalist); the freedom...
Politics
Bob uses clips from his recent interview with Eric Weinstein to explain why Weinstein thinks gauge theory can fix how economists measure the cost...
Politics
For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it hasn’t done...
Politics
The so-called K-shaped economy—where some experience positive growth and others negative growth—is perfectly explained by Austrian business cycle theory and the Cantillon effect.
Politics
Elon Musk recently claimed that artificial intelligence will make money itself obsolete. He needs to read the literature of Austrian economics.
Politics
Federal interest payments are now huge thanks to rising interest rates. The Fed may soon intervene in a big way in an effort to...
Politics
Japan says it will increase more bond-buying (and thus drive more inflation) to confront rising yields which threaten Japanese sovereign debt.
Politics
Gas is the cheapest since 2021. In a tepid economy, demand falls, and demand for oil is now outpaced by production. Gas then gets...