Last week President Trump took steps to re-name the Department of Defense the “Department of War”—arguably, a more appropriate name.
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World News
The Federal Deposit Insurance Corporation (FDIC) is widely seen as a pillar of financial stability, but it is actually it is a warning label that confirms systemic fragility.
While people might speak of the “business of government,” there really is no way to compare the two. Business is voluntary; government is coercive.
Discussions about black suffrage following the Civil War usually are focused upon black voting rights in the South. However, during that same time, northern states passed laws limiting black suffrage, something that often escapes the history books.
In an attempt to explain business cycles, Milton Friedman came up with a plucked-string analogy. Like all Monetarist theories, however, this also had fatal flaws.
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Peter Klein joins to discuss the Mises Institute’s new book, Hayek for the 21st Century—exploring knowledge, competition, money, and why freedom beats central planning every time.
The restoration of the Reconciliation Monument at Arlington Cemetery is welcome news for those that realize the historical significance of this monument. Peace and reconciliation are always better than waging war.
Landlords have been using AI tools to get a better idea of market conditions and changes in the rental market. Naturally, the government is trying to end this practice under the false belief that such tools involve collusion.
Hoppe is an exacting analyst of what works, not an architect of upheaval.