Jörg Guido Hülsmann explores humanity’s timeless drive to get something for nothing—and how free markets encourage true generosity while central banking and the welfare state undermine it.
Mises said, “The continued existence of society depends upon private property.” Private property is essential for exchange, economic calculation, and many more pillars of human civilization.
Trump economic adviser Peter Navarro has condemned multi-billion-dollar investments by BMW in South Carolina as “bad for our economics.” The comments reflect a greater ignorance of capital goods by so-called economic experts.
Trump has no plans to get rid of payroll taxes, and he has no plans to make big cuts to spending. This virtually guarantees that the IRS isn‘t going anywhere.
Although he has temporarily suspended his threatened tariffs, President Trump‘s demands for “fair trade” make no sense economically speaking. Trump‘s demands of Vietnam alone are beyond head-scratching.
Five years ago, covid madness descended upon the ruling elites, pushing a public health totalitarianism that destroyed lives and impoverished millions of Americans. And the ruling classes still are lying about what they did.
The federal government didn’t take charge of immigration policy until the 1880s. In the early republic, almost everyone agreed that immigration policy was a matter for the states.
Although he has temporarily suspended his threatened tariffs, President Trump‘s demands for “fair trade” make no sense economically speaking. Trump‘s demands of Vietnam alone are beyond head-scratching.
How remarkable it is that today’s conservatives are so enthusiastically committed to handing over untrammeled power to the executive to impose new taxes.
