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Chances are that many families and friends gathering for Thanksgiving dinner this year will gather at some point in a room called the “dining room.” For most middle-class Americans, maintaining a formal dining room for ritualized forms of entertainment popular decades ago is no longer especially popular. Yet most homes still have a room separate

Money supply growth fell again in October, dropping to a thirty-nine-month low. October’s drop continues a steep downward trend from the unprecedented highs experienced during the thirteen months between April 2020 and April 2021. During that period, money supply growth in the United States often climbed above 35 percent year over year, well above

Both the US Senate and the House of Representatives are expected to pass new same-sex marriage legislation in coming days. The legislation is expected to codify what is already de facto law in the US under the US Supreme Court’s ruling in Obgerfell v. Hodges . The legislation further solidities federal law stating that states are required to

The international system we live in today is a system composed of numerous states. There are, in fact, about two hundred of them, most of which exercise a substantial amount of autonomy and sovereignty. They are functionally independent states. Moreover, the number of sovereign states in the world has nearly tripled since 1945. Because of this,

On Tuesday, a District of Columbia jury convicted Stewart Rhodes and Kelly Meggs of seditious conspiracy in relation to the January 6, 2021, riot at the US Capitol. Three other defendants were acquitted of seditious conspiracy but convicted of other felonies. Convictions of seditious conspiracy represent a political victory—not just a legal

Total employed workers fell for the second month in a row in November, dropping nearly 400,000 workers below the pre-pandemic peak in February 2020. According to new employment data released by the Bureau of Labor Statistics on Friday, the current population survey shows employed workers fell to 158,470,000 in November , down 138,000 from

In November, the Pentagon announced it had failed yet another audit. In spite of the fact that the Department of Defense has had years to get its act together, the Pentagon still doesn’t know how it spends or maintains its trillions of dollars’ worth of taxpayer-funded assets and income. As Breaking Defense noted last month : The Pentagon has

It’s been three weeks since four students at the University of Idaho were stabbed to death at a home in Moscow, Idaho, and law enforcement officers say they have no suspect. In the early hours of November 13, three women and one man were murdered in an off-campus home where two other roommates were also sleeping. Yet, somehow the killer or killers

Last week, the employment news was all about how payrolls increased by 269,000 jobs and blew past expectation s. Yet,  when we looked at the actual number of employed persons , it turned out that the number of employed people has gone down in recent months. At 158.4 million, total employment is still nearly 400,000 workers below where it was

Mises Institute Senior Fellow Alex Pollock was at the American Enterprise Institute yesterday to discuss his new book Surprised Again!―The COVID Crisis and the New Market Bubble . Perhaps of special interest are his comments on the manias, and the social effects of easy money, beginning around the 57-minute