When wars can be started by presidents with no authority granted by Congress, the results can be the kinds of endless military engagements with ever-shifting, unachievable objectives such as we’ve seen in Afghanistan and Iraq.
The U.S. gov has approved $17.9 bln for Israeli military operations in Gaza and elsewhere since Oct 7, substantially more than in any other year since the U.S. began granting military aid to Israel in 1959.
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The Austrian School of Economics: Concepts and Theories
Students and general readers will find in this 201-page book a systematic—yet concise and focused—presentation of the main topics in economic analysis from the perspective of the Austrian School.
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Jamaica, Surprisingly, Has Become an Investment...
Jamaica has emerged as a prime destination for investment under the leadership of Prime Minister Andrew Holness. The country has fostered a business-friendly environment.
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ECB cuts rates on weak growth, markets bet on more...
President Trump has threatened to use the armed forces to go after the drug cartels in Mexico. Escalating the disastrous War on Drugs by incorporating the failed strategies of the War on Terror is a terrible idea.
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Foreign Student Persecution Imperils any American Who...
By trying to deport foreign student Rumeysa Ozturk for simply writing an op-ed in a student paper critical of Israel, the Trump administration and its supporters quickly forget that their actions are part of a slippery slope that imperils free speech in this country. It doesn‘t end here.
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Bringing the War on Terror to Our Southern Border Can...
President Trump has threatened to use the armed forces to go after the drug cartels in Mexico. Escalating the disastrous War on Drugs by incorporating the failed strategies of the War on Terror is a terrible idea.
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Financial Repression Is Back as Euro Debasement...
The central bank monetary shenanigans in both Europe and the US no longer can be ignored or covered up. Unfortunately, as their economies falter, the Fed and the European Central Bank will resort to even more financial trickery to cover for previous monetary foolishness.
It‘s looking more and more like this playbook is following the exact same story that we’ve witnessed during every other Republican administration over the past forty years.
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How Individual Effort Determines Economic Outcomes
An enduring progressive myth is that racial and religious minorities can only make economic gains if government "levels the playing field." The historical record demonstrates, however, that free markets offer the best opportunities for people in minority groups.
One of the arguments given in favor of tariffs is that they will enable domestic manufacturers to better compete with producers abroad. While people may believe that to be true, the problem is that tariffs don't create a good foundation for capital development.
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The Tariff Tax Statistic the Trump Fanboys Don’t Want...
It was the absence of income taxation and a hardly noticeable regulatory regime that were the most important policy issues related to post-Civil War growth, along with the existence of the gold standard (in various forms).
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Who Benefits from Government Debt? Nigerian Banks...
It is not just the future generation who bears the burden of increased government debt, but the current generation who pay the interest to the banks and corporations through higher taxes and higher price inflation.
The advocates for war always rely on lies and dismissing any debate. When the lies are pointed out, those interested in the truth are attacked as conspirators with the enemy. Debate is beneath the foreign policy “experts,” perhaps because they know their ideas aren’t defensible.
Thanks to President Trump‘s brinkmanship, tariffs are in the headlines. However, while the public knows about tariffs, few people actually understand them, their history, and how they work.
Mises explicitly says in Omnipotent Government that Soviet Russia should be allowed to expand in Eastern Europe after World War II ends, in order to prevent the rebirth of a strong Germany. Obviously this was not a fascist position.