Mises

The US gold reserves in Fort Knox are a legacy of the time the US government confiscated private gold and reneged on its promises to pay its debts in gold.

Most people on the Left and the Right misunderstand the essence of libertarianism. This should come as no surprise since even some libertarians misunderstand the essence of libertarianism.

An issue which not long ago had only the support of Ron Paul has now become a priority for the Trump Administration: the auditing of Fort Knox. At CPAC last week, Donald Trump took time out of speech to boast that he and Elon Musk were soon to be traveling to America’s largest gold depository … Read more

Paul notes that, at the time, the US gold reserves had not been audited in any form in 25 years. That was 2011, and there has still been no audit.

While state power has smothered French society for more than four centuries, the problem is becoming worse, as the government deliberately undercuts the market economy to “fight climate change.” The French will have neither cooler temperatures nor prosperity.

Marx failed to grasp that there are laws of human action that apply universally. His understanding of economics was far inferior to that of Nassau Senior, whom he derided as the quintessential “bourgeois” economist.

Dr. Fegley is a Fellow of the Mises Institute and chair of business and economics at Montreat College. In 2023, he joined the Mises University faculty, teaching on bureaucracy in the deep state, political economy of policing, and could AI and big data solve the socialist calculation problem.

We are aware how the Federal Reserve’s actions help to finance the reckless profligacy of the US Government. However, most people don‘t know that the Fed itself, through its own reckless spending policies, is running deficits.