Negotiations over increasing the federal debt ceiling continue in Washington. As has occurred several times over the past twenty years, Republicans and Democrats are presently using increases in the debt ceiling as a bargaining chip in negotiating how federal tax dollars will be spent. Most of this is theater. We know how these negotiations always
In perhaps one of the most unexpected and sudden shifts in consumer demand in recent years, sales of Bud Light have now fallen sizably for six weeks in a row, with no end in sight. The New York Post reported on Monday that “Sales of the US’s No. 1 beer were down 24.6% for the week ended May 13 compared to a year ago — slightly worse than the 23.6%
What happened to the comments sections at mises.org? Unfortunately, we had to eliminate the comments, for now. The amount of spam was becoming difficult to manage, it was taking up a lot of staff time, and it was all slowing down the site quite a bit. The spam you did see what just the tip of the iceberg. However, some of our fine readers have put
Back in 2002, then-Vice President Dick Cheney claimed “Reagan proved deficits don’t matter” and went on to push for tax cuts combined with more federal spending. Indeed, the Bush administration would go on to push immense amounts of new spending, supporting a huge Medicare expansion and blowing hundreds of millions of dollars on costly and
After countless predictions of economic armaggeddon and panicky entreaties to raise the debt ceiling with no strings attached, the Biden White House and Congressional Republicans agreed on a new budget deal this week that does virtually nothing at all to change the status quo. The deal in no way returns federal spending to pre-covid levels. At
In an excellent display of how US foreign policy can be used as a means of pandering to domestic interest groups, the Biden administration has threatened to impose sanctions on Uganda as punishment for that regime’s adoption of new laws criminalizing some types of homosexual behavior. While it is abundantly clear that this move from the Ugandan
The Bureau of Labor Statistic (BLS) released new jobs data on Friday . According to the report, seasonally adjusted total nonfarm jobs rose 339,000 jobs in May, well above forecasts. The unemployment rate rose slightly from 3.4 percent to 3.7 percent (month over month). Headlines in the mainstream media declared the headline employment data to be
One of the main fronts in the current culture war in the United States is the debate over “masculinity.” Certain corners of the Left tell us that “toxic masculinity” is a terrible thing. Yet, it’s often unclear whether masculinity is itself necessarily toxic, or if toxic masculinity is just one type of masculinity. How masculinity is defined is
[This article is Chapter 1 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities . Now available at Amazon and in the Mises Store .] Because of their physical size, large states are able to exercise more state-like power than geographically smaller states—and thus exercise a greater deal of control over
[ This article is adapted from a panel discussion on Christian Nationalism at Freedom Fest in Memphis on July 14, 2023. The other panelists were Norman Horn, Kerry Baldwin, and Alex Bernardo of the Libertarian Christian Institute. ] The specter of Christian nationalism—variously defined—has become one of the current bogeymen to the Left.
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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.
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