Mises 
An August 17, 2024 article, at oilprice.com, entitled, “A New Era for Nuclear Power in the US” describes US government funding and intervening to reopen closed or closing nuclear power electric generating plants (nuclear) to support their green transition policies from the 2022 Inflation Reduction Act (IRA). The IRA provides $6 billion financial support to … Read more
News feeds are stuffed full of reports and opinions about President Trump’s tariff increases on Mexico, Canada, China, and the EU. Then the add-on story is about the tax cut legislation—extending President Trump’s tax cuts to the coming years. The media is spinning the story as a political hot potato: can tariff increases make up … Read more
President Trump has announced his intentions for the government to set up a sovereign wealth fund. However popular the idea might be, it runs headlong into the realities of economic calculation and would soon deteriorate another government slush fund.
J.B. Say deserves to be remembered, especially by Austrian economists, as a pivotal figure in the history of economic thought. Yet, one finds him discussed very briefly, if at all.
The gold in the US gold reserve is a legacy of the time the US government refused to keep its promise to redeem dollars in gold, and when it reneged on its legal obligations to repay debts in gold.
Although egalitarian interventionism constantly is wrecked on the shoals of reality, there is always a stable of new politicians eager to promote what Murray Rothbard called “a revolt against nature.”
Ryan is joined by Economist and Mises Institute Fellow Kristoffer Hansen to discuss what would have happened if Argentina President Javier Milei had immediately shut down the country’s central bank. The same holds for every other central bank, as well.
The US government’s gold stockpile is not supporting the US dollar. The demand for US debt and currency is largely based on the state’s taxation power. It’s not based on gold.
In a recent New York Times column, Dartmouth professor Brooke Harrington claimed that Trump is undoing trust in our institutions while Franklin Roosevelt restored it. Clearly, Harrington doesn‘t know much about FDR—or Trump.
Organized labor, which long has been the bedrock of the Democratic Party, is being courted by the MAGA Republicans trying to bolster their image with the “working classes.” But labor unions are no true friend to the working class.
