Mises Wire

The Week in Review: December 3, 2016

Fidel Castro died last week, giving the world — or at least those interested in truth — reason to remember the true horrors of communism. Dr. Yuri Maltsev, who visited as a former USSR economist, noted the horrific cost of Castro’s rise to power: “To enforce socialist slavery, more than a 100,000 were murdered and millions squeezed out.” While many in the media and many heads of state seem to prefer to overlook this brutal reality, as Brittany Hunter noted “Neglecting to acknowledge the strife endured by the Cuban people during Fidel Castro’s decades-long reign of terror is not only a disservice to the memory of those who suffered, it is also a disservice to history itself.”

Meanwhile in America, President-elect Trump named former Goldman Sachs banker Steve Mnuchin to the Treasury, a curious choice for someone who claims to be draining the swamp. Trump also fulfilled a campaign promise when Carrier Air Conditioning announced they would be keeping hundreds of jobs in the US. While any steps toward tax and regulatory relief should be celebrated, so should the advantages inherent in free trade. American’s should worry less about companies leaving for oversees, and more the way government policies continue to erode their own freedoms, prosperity, and even their chocolate bars.

There is no Mises Weekends this week as Jeff is on the road traveling back from an event with Tom Woods in Orlando. But Jeff will be appearing tonight at 9pm EST with John Stossel on Fox Business Tonight to discuss cronyism is DC and the challenges politics creates in draining the swamp.

After it airs tonight, Jeff’s appearance will be available at FoxBusiness.com.

And in case you missed any of them, here are the articles featured this week on the Mises Wire:

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