War eagle on new $20?

05/23/2003 Mises Wire Llewellyn H. Rockwell Jr.

A ”heraldic preference for war over peace may be indicated by a new eagle to the left of President Andrew Jackson’s portrait” on the new colored $20 bill, says Numismatic News (Collector.com)

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There’s No Sign of Relief from Ballooning Federal Deficits

11/15/2024 Power & Market Ryan McMaken

The Treasury Department posted its latest revenue and spending totals this week, and deficits continue to mount at impressive speed. During October—the first month of the 2025 fiscal year—the federal...

The Fed’s “Temporary” Mortgage-Backed Security Experiment Will Last Decades

11/14/2024 Power & Market Alex J. Pollock Paul H. Kupiec

It has been nearly 14 years since Federal Reserve Chairman Ben Bernanke told Congress that the Fed’s emergency quantitative-easing policy, of which the most radical part was buying mortgage-backed...

Abolish the Department of Homeland Security

11/14/2024 Mises Wire Ryan McMaken

The Trump transition team on Wednesday announced that he is nominating South Dakota governor Kristi Noem as the next head of the Department of Homeland Security (DHS). In the coming weeks, we’ll hear...

Elections: Do They Really Matter?

11/14/2024 Mises Wire Thomas J. DiLorenzo

This article is adapted from a speech delivered at the Mises Circle in Fort Myers, Florida on November 9, 2024. The answer to the question posed in the title is: Yes and No. Yes, some elections have...

Powell’s Reluctance to Bend Presents an Opportunity to Break the Fed

11/14/2024 Power & Market Manuel García Gojon

The democratic mandate of the incoming Trump administration, along with Republican control of Congress and a confrontation of wills between the President-elect and the Federal Reserve Chairman make...

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Llewellyn H. Rockwell Jr.

Llewellyn H. Rockwell, Jr., is founder and chairman of the Mises Institute in Auburn, Alabama, and editor of LewRockwell...

The Road Ahead

11/12/2024 Power & Market Llewellyn H. Rockwell Jr.

Like many of you, I was happy that Donald Trump won the election. Kamala Harris is a committed Marxist, supporter of baby killing, and passionate advocate of the woke ideology. In foreign policy, she...

The Menace of the State

11/05/2024 Llewellyn H. Rockwell Jr.

The election is upon us. We wonder whether we have to have war, tariffs, and deficit spending, regardless of whom we support. What are we to do?

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