Protectionism is reviving in Washington on both sides of the political aisle. Democrats are cheering proposals to restrict trade to benefit labor unions and save the environment while some Republicans are reviving Smoot-Hawley style salvation schemes. Protectionist...
Fed chairman Jerome Powell is increasingly under fire for his apparently inability to take inflation seriously or admit it may be more than “transitory.” There’s been much talk of tapering the Fed’s enormous asset purchases, yet—as is typical for the Fed, actual...
Recently, Texas Governor Greg Abbott announced that he would be banning any COVID-19 vaccine mandates, "including for private employers.” In response, Mises Institute Senior Fellow Bob Murphy, tweeted “For the record: I think it’s a mistake to applaud government bans...
Though the conflict is little known in the United States, Chinese military planners have long obsessed over what lessons can be gained from studying the brief 1982 conflict between Argentina and Great Britain over the small collection of islands in the South Atlantic...
As in many previous years, this year’s National Defense Authorization Act (NDAA) is chock-full of terrible legislation slyly inserted for the purposes of concealing matters from the public. Both parties have been long guilty of this, with both groups using the NDAA to...
The Biden administration's rhetoric on the debt ceiling has become nothing short of apocalyptic. The Treasury Department has announced that a failure to increase the debt ceiling "would have catastrophic economic consequences" and would, as NBC news claims, constitute...
From the early 1990s onward, I was exposing FBI crimes, lies, and cover-ups. FBI director Louis Freeh publicly denounced me after I wrote a Wall Street Journal piece on the FBI’s killing of an innocent mother holding her baby at Ruby Ridge, Idaho. I continued...
In late August, Fed chairman Jerome Powell suggested that the Federal Reserve would begin tapering before the end of the year, an admission that price inflation was rising above the 2 percent target. Nonetheless, the Fed took no immediate action in the following...
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