Every time the United States reaches its debt limit, we read that it is important to reach an agreement to lift it. The narrative is that the debt ceiling must be raised, or the US economy will suffer a severe contraction. There is even an episode of a TV series,...
One always hopes to end the year on a high note, but politically speaking, at least, that is difficult again in 2022. One searches in vain for advances in individual liberty and setbacks for power. Sure, with the receding of the pandemic, life has returned to normal...
In October, the U.S. national debt reached $31 trillion, and the government is projected to wade another trillion dollars into the red in the 2023 fiscal year. The longer-term picture is even gloomier, with the deficit expected to double to $2 trillion by 2030....
On FPF #534, I cover several important stories in the news. Documents from BlueLeaks expose the government spending thousands on training police in junk sciences. Andy McCarthy writes in the National Review how Kevin Clinesmith's guilty plead also is an indictment of...
From the Independent Institute: "Astute socialists (if that’s not an oxymoron) opt for participatory fascism, not outright socialism, in practice. They know that outright socialism—the nationalization and central control of all the major means of production—is a...
Last Friday, the California's state senate passed a bill called the Healthy California Act that would institute a single-payer healthcare system in California. It still has to get through the Assembly and get signed by the governor in order to become law, but it has...
On April 26, the Trump administration released a one-page summary of its tax reform proposals. The following morning, US Treasury Secretary Steve Mnuchin appeared on CBS This Morning to discuss those proposals. Co-anchor Norah O’Donnell didn’t waste any time...
Mark Thornton, Senior Fellow at the Mises Institute, discusses what president-elect Donald Trump’s economic and monetary policies are likely to be, considering his Reagan-like promises to increase government spending on the military and infrastructure, cut taxes, and...
Imagine the Catholic Church (or any person or group of people) doing what the government does every day: Everyone who doesn’t give the Catholic Church 25% of his annual income every year will be put in jail. If he resists the Jesuit officer, the officer has the right...
FOREWORD BY JAY BHATTACHARYA, MD, PHD Diary of a Psychosis is different from all other books on Covid: it traces the development of the government response as it happened, bit by bit, and subjects it to relentless scrutiny: did any of it do any good? It thereby...
