Congress’ top priority this fall will be passing legislation funding the government and avoiding a “shutdown.” As of this writing, it appears unlikely that the Republican-controlled House will be able to make a deal with President Biden and the Senate Democrats on a long-term spending bill. Instead, they will likely pass a short-term funding bill
Just four and a half months since President Biden declared an end to the Covid “emergency,” the media is suddenly full of stories about the return of Covid. This time a new “variant” is being rolled out and the media, in collusion with big Pharma and the fear-industrial complex, are churning out stories about how forced masking is making a
I am not a big fan of Federal Government disaster relief. Too much of the time the money never gets to those who need it most, and too often Washington’s armies of disaster “experts” are more interested in pushing people around than helping them. Nevertheless, it’s hard to look at recent footage of the devastation in Maui and then hear President
April’s 4.2 percent past year increase in the Consumer Price Index is not likely to dissuade the Federal Reserve from continuing its policy of near-zero interest rates. Fed Chairman Jerome Powell believes the rising prices are just a temporary phenomenon caused by the ending of lockdowns releasing pent-up consumer demand. Powell may be right that
President Joe Biden has ordered the Financial Stability Oversight Council to prepare a report on how the financial system can mitigate the risks related to climate change. The Financial Stability Oversight Council was created through the Dodd-Frank financial regulatory reform act and is supposed to identify and monitor excessive risk to the
The Department of Homeland Security issued on Wednesday a nationwide terror alert lasting until April 30. The alert warns of potential terrorist attacks from Americans who are “ideologically motivated” and have “objections to the exercise of government authority and the presidential transition, as well as other perceived grievances fueled by false
Listen to the Audio Mises Wire version of this article. The Senate trial for now twice-impeached former president Donald Trump is set to begin this week, with little doubt over the outcome. A procedural vote in the Senate on the constitutionality of “removing from office” someone who is not in office revealed that nowhere near enough
Last week, the Federal Reserve announced it will maintain an interest rate target of zero to 0.25 percent for the rest of 2021. The Fed said it will also continue its monthly purchase of 120 billion dollars of Treasury and mortgage-backed securities. Some Fed board members are forecasting a rate increase by late 2022 or 2023, though with the rate
Less than two weeks after NATO members reaffirmed allegiance to Article 5—that an attack on one member was an attack on all members—the UK nearly put that pledge to the test. In a shockingly provocative move, the UK’s HMS Defender purposely sailed into Crimean territorial waters on its way to Georgia. Press reports suggest that there was a dispute
The end of the 20-year US war on Afghanistan was predictable: no one has conquered Afghanistan, and Washington was as foolish as Moscow in the 1970s for trying. Now, US troops are rushing out of the country as fast as they can, having just evacuated the symbol of the US occupation of Afghanistan, Bagram Air Base. While perhaps not as dramatic as
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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.
