President Donald Trump promised to revive the Alien Enemies Act of 1798 during his campaign last fall. “To expedite removals of this savage gang,” Trump pledged in an October campaign stop, “I will invoke the Alien Enemies Act of 1798 to target and dismantle every...
Featured Articles
100 Days: What Trump Told TIME
by Ted Snider | Apr 29, 2025 | Featured Articles, Foreign Policy, Politics
On April 22, U.S. President Donald Trump did an interview with Time on his first one hundred days in office. On foreign policy he made two bold claims. The first was that he would successfully conclude diplomatic deals in the Ukrainian-Russian war and in Iran. The...
America Should Bolt From the World Bank and IMF
by Jim Bovard | Apr 28, 2025 | Economics, Featured Articles
U.S. Treasury Secretary Scott Bessent complained on Wednesday that the World Bank and the International Monetary Fund (IMF) are suffering from “mission creep.” But Bessent announced that the Trump administration will be “doubling down” on supporting the largest...
Ukraine’s NATO Membership Was Always Russia’s Red Line
by Kyle Anzalone | Apr 28, 2025 | Featured Articles, Foreign Policy
Last week, the Kremlin said it was finally satisfied with Washington’s position on future NATO membership for Kiev. "We have heard from Washington at various levels that NATO membership for Ukraine has been ruled out,” Russian spokesman Dmitry Peskov explained. “And...
TGIF: More on Menger and Value
by Sheldon Richman | Apr 25, 2025 | Economics, Featured Articles, Sheldon Richman, TGIF
Consumer goods are also called finished goods. The products we buy at the supermarket and other retail stores have, in less finished form, passed through many stages (including distribution), reaching back to the original factors of production: land and labor. Land...
A Federal Reserve Unbound
by Joseph Solis-Mullen | Apr 24, 2025 | Economics, Featured Articles
For more than three decades, the Federal Reserve has steadily expanded its role in the American economy. From a relatively narrow mandate as a lender of last resort to commercial banks, to inflation and employment targeting, it now operates as a systemic backstop for...
Europe Must Stop Playing Pawn to American Power
by José Niño | Apr 24, 2025 | Featured Articles, Foreign Policy
As the world experiences significant geopolitical changes, political blocs like the European Union have a unique opportunity to chart a new path. Since Russia’s invasion of Ukraine in February 2022, the European Union and its twenty-seven member states have delivered...
Seven Reasons Not to Bomb Iran
by Ted Snider | Apr 23, 2025 | Featured Articles, Foreign Policy
“There are two ways Iran can be handled,” U.S. President Donald Trump has said, “militarily, or you make a deal.” National Security Adviser Mike Waltz advocated for the military solution; Director of National Intelligence Tulsi Gabbard and Vice President JD Vance...