New tax revenue data released by the Treasury Department on Monday shows that tax revenue further worsened in June (compared year over year) from May's already cratering total. On the plus side, neither May nor June has returned to April's historic plunge in revenue....
Federal Reserve Chair Jerome Powell and San Francisco Fed President Mary Daly both recently denied that the Federal Reserve’s policies create economic inequality. Unfortunately for Powell, Daly, and other Fed promoters, a cursory look at the Fed’s operations shows...
Over the past week, a conspiracy theory about Wayfair selling children in cabinets took the internet by storm. Sadly, without giving it much thought, people took this unfounded claim and ran with it—distracting from actual, provable conspiracies. Selling expensive...
Defund the state! “I want to say that as long as we don’t receive our rights as citizens, without the terrible and discouraging bureaucracy, I’m declaring that I’m not paying taxes to the State of Israel,” Rudner said. “I call on all Israelis to do the same. Maybe...
In a recent Mises Wire article, Jeff Deist commented on the squatting of Capitol Hill in Seattle. Contrasting Hans-Hermann Hoppe’s and Walter Block’s respective libertarian approaches to public property, Deist asked if the residents of the ‘CHAZ’ (Capitol Hill...
What does it take to fire a cop? In comparison to several other high-profile cases in which a police officer has killed someone on video, things have moved remarkably fast in the George Floyd case. The other four officers involved in his arrest were fired from the...
Before the coronavirus pandemic and the response to it triggered an economic meltdown, the U.S. federal government was planning to spend nearly $4.8 trillion in its 2020 fiscal year. Last week, President Trump signed a $2.3 trillion relief package aimed at mitigating...
The Trump administration has been operating with a crisis-like fiscal policy for nearly four years. Now it looks like America’s hurtling toward a genuine economic crisis. What’s next? The U.S. appears to be heading for economic lockdown as the impact of the...
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