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This brief historical sketch brings us to how the American and Israeli militaries of today have adopted a nineteenth-century-style war of extermination against what they consider to be another “lesser race.”
Original article: https://mises.org/mises-wire/american-israeli-nineteenth-century-ways-war
The free market replaces the struggle for survival found in the animal world with social cooperation in which everybody benefits. Capitalism is a system of peace, not war.
Original article: https://mises.org/mises-wire/ludwig-von-mises-peace-and-social-cooperation
Rumor has it that the Federal Reserve was able to resist the president‘s demands to enable funding of the Korean War. However, a look at the record demonstrates conclusively that the Fed bowed to Harry Truman‘s wishes to do what it has done for a century: finance America‘s wars.
Original article: https://mises.org/mises-wire/did-fed-achieve-independence-during-korean-war
President Trump's so-called “One Big, Beautiful Bill” is more of the same: big and bloated. It adds billions to the federal deficit and does nothing to deal with the government‘s ruinous debt. Naturally, the Republicans support it.
Original article: https://mises.org/mises-wire/one-bloated-brobdingnagian-bill
David Brady, Jr. reviews The Magic Coin by Dr. Jonathan Newman, a children‘s book that explains money in a way that even modern adults can understand.
Original article: https://mises.org/mises-wire/magic-coin-and-renewing-interest-monetary-policy
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Caleb O. Brown hosted the Cato Daily Podcast for nearly 18 years, producing well over 4000 episodes. He has gone on to head Kentucky’s Bluegrass Institute. This is one among the best episodes produced in his tenure, selected by the host and listeners.
“Fusionism,” something of an ideological nonaggression pact between libertarians and conservatives, has fallen on hard times. Can it be reborn? Stephanie Slade of Reason discusses her new article on the subject.
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The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their currencies. However, with the US dollar being the world's reserve currency, the US has engaged in dollar manipulation through inflation.
Original article: https://mises.org/mises-wire/mmt-and-us-history-redefining-chartalism
Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral.
Original article: Inflation: Looking Beyond Aggregates
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where they were worked to death.
Original article: Enslavement of Native Americans in the Caribbean