Keyword: misesinstitute
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One reporter has proven brave enough not to take the deal. The deal is: you can interview Trump provided you don’t ask perfectly obvious questions about his COVID response that shredded the Bill of Rights, wrecked his presidency, enabled mass mail-in ballots, elevated agencies to the status of dictators, and kicked off the biggest national crisis of our lifetimes from which we aren’t even close to recovering. We still do not know when or if we will get the Constitution back. Inflation still rages, education nationwide is slipping more by the day, there is a resulting crime epidemic, and the...
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Earlier this month, Larry Kudlow insisted that it is "it's incumbent on the U.S. government, no matter who's in power, to maintain the reserve currency status of the dollar." Kudlow laments that a toppling of the dollar from that perch "seems to be the direction we're going in." Kudlow's remarks came a day after Donald Trump declared that China is trying to displace the U.S. Dollar [sic] as the NUMBER ONE CURRENCY" and that if this occurs, it would be the biggest defeat for our Country [sic] in its history." Neither Trump nor Kudlow actually explain why maintaining reserve currency...
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I wrote five years ago about the growing threat of a wealth tax. Some friends at the time told me I was being paranoid. The crowd in Washington, they assured me, would never be foolish enough to impose such a levy, especially when other nations such as Sweden have repealed wealth taxes because of their harmful impact. But, to paraphrase H.L. Mencken, nobody ever went broke underestimating the foolishness of politicians. I already wrote this year about how folks on the left are demonizing wealth in hopes of creating a receptive environment for this extra layer of tax. And some...
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During this partial government shutdown, it's become nearly impossible to avoid news articles, and segments on television and radio outlining the many ways that federal employees are apparently suffering financially as a result of the partial government shutdown.The stories are very diverse in topic. Some take a "human interest story" angle, simply looking at how the daily lives of some of these employees have been affected. Others look at the apparent injustice of the fact that some workers are "being told to work without pay." Still other suggest that the lack of federal paychecks will drive down economic growth figures....
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The “Ron Paul Revolution,” as it is sometimes called, is a self-described Libertarian movement that preaches individual liberty, limited government, and – above all else – personal freedoms. Such freedoms include, apparently, racial segregation at private institutions (they call this property rights) and recreational narcotics usage. Ron Paul is proud of his friendship with the late Murray Rothbard, an economist of the “Austrian” school (which dates back to Carl Menger, and was developed fully by Ludwig von Mises, both Austrian). Paul and Rothbard shared an affinity for sound money (i.e., gold) and a disdain for the Federal Reserve System, which...
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In a Breitbart column insisting that Ronald Reagan was not as assertive as commonly believed on military and foreign policy issues, Senator Rand Paul (R-KY) mentions, in passing, “I met Ronald Reagan as a teenager when my father was a Reagan delegate in 1976.” . But his father, Ron Paul, is hardly a Reaganite today. Indeed, he is now claiming that Crimea has a right to leave Ukraine and join Russia, and that U.S. sanctions against the Russian regime are “criminal.” “That’s just people looking to start a war,” Paul said. “This is criminal, it’s stealing and will just aggravate...
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In one of Mark Levin's Liberty Amendments he promotes keeping alive taxes calculated from profits, gains and other incomes. If one wants to judge the motives and character of those who advocate changes to our Constitution, there are two specific issues which give us a clue: (a) the manner in which Congress fills our national treasury; and (b), what our nation uses for “legal tender”. In other words, “its all about the Benjamins”. So, let us take a look at issue (a) and ask ourselves why does Mark Levin offer to perpetuate taxes calculated from profits, gains and incomes which...
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Once upon a time, I developed a theory that we have much lower expectations for public-sector performance than we do for private-sector performance.[1] We saw this in accounting standards that — when applied to Enron — resulted in market forces shutting that firm down, while the Department of Defense loses billions of dollars annually. The difference in terms of waste between the two sectors is exponential, but while Enron is held accountable for its ethics, the government gets a pass. Or consider what we tolerate from the US Postal Service (USPS) as opposed what we tolerate from firms like FedEx...
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The Pope and the Cause of Freedom by Jeffrey Tucker[Posted October 25, 2001]Ten years ago, Pope John Paul II released Centesimus Annus, an encyclical, at once subtle and sweeping, that addressed the future of the post-communist countries of Europe and the general subjects of freedom, society, and faith. The document represented the fullest embrace that the Catholic Church has given in the modern period to classical liberal ideas, particularly as they apply in the economic sphere. In CA, the Pope argues that socialism failed, not just because it was bad economics, but mainly because it rejected the "truth about ...
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