Calhoun emphasized the principle that the states were sovereign and independent and not merely the creation of the federal government.
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If devaluing the currency was a real measure of competitiveness, Argentina and Venezuela would be the most competitive nations on the planet.
Mises Institute President Thomas DiLorenzo joins NTD News to talk tariffs and trade policy.
Frederic Bastiat is an often unsung hero of 19th Century economic thought. His lessons on freedom and trade are timeless and what he wrote nearly two centuries ago is still relevant today.
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In The General Theory, J.M. Keynes allegedly “discredited” Say‘s Law. Of course, Keynes actually debunked a straw man that was a caricature of what Say actually wrote. It‘s time to set the record straight.
In May 2025, the Mises Institute will hold its next Mises Book Club, a program that promotes deep reading in Austrian economics.
If devaluing the currency was a real measure of competitiveness, Argentina and Venezuela would be the most competitive nations on the planet.
President Trump‘s recent assertions that the Fed should lower the discount rate puts him squarely in the middle of Fed politics and exposes the messy truth that the Fed is not an independent group of experts but rather a tool of the political system.
Central bank digital currencies are surveillance disguised as money.