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According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, however, point out that in much of US history, economic growth was accompanied by deflation.
Original article: https://mises.org/mises-wire/inflation-and-economic-growth
Advocates for US military intervention have invoked the war against the Barbary pirates as justification. Yet, an examination of that conflict shows that President Jefferson’s actions were limited and followed the direction of Congress.
Original article: https://mises.org/mises-wire/jeffersons-war-barbary-pirates-unjustified-password-military-intervention
Because of the government shutdown, the Bureau of Labor Statistics will not release its monthly unemployment and jobs survey today. But that’s probably not a big deal to President Donald Trump, who has apparently decided that the best statistics are the ones that either say what he wants to hear, or are simply never heard at all. The most expensive extreme weather events, which facilities are creating the most pollution, quarterly reports, incidents of domestic terrorism, the number of people who need food assistance…these are all statistics Americans need to know. And these are all forms of data under attack by the Trump administration. And this started long before the shutdown. America has been a world leader at collecting data on everything from the number of bison living in Plains states to the divorce rate – but our data supremacy might be coming to an end. And that’s really, really bad, for reasons we might not even know yet. So to find out more about the stats we’re losing, and what else we’re losing in the process, we spoke to Denice Ross. She’s a senior fellow at the Federation of American Scientists and former U.S. Chief Data Scientist for the Biden administration.
And in headlines, President Donald Trump determines the US is in an “armed conflict” with drug cartels, the Trump administration punishes a slew of blue states by cancelling nearly $8-billion in grants for their clean energy projects, and the lastest update in the Kilmar Abrego Garcia case.
Show Notes:
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TikTok exploded to popularity not by giving users what they asked for—but by figuring out what users really were interested in, and serving that.
What happens to this algorithm if Bytedance cedes control of it to the U.S.?
Guest: Emily Baker White, senior writer at Forbes and the author of Every Screen on the Planet: The War Over TikTok
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Was Jackson’s victory over the Second Bank of the United States a triumph for liberty, or did it merely expand federal authority under the guise of constraining it? His legacy is complicated, but there is much we can learn from it.
Original article: https://mises.org/mises-wire/complicated-legacy-andrew-jacksons-bank-war
The Renaissance period is seen as mostly positive by historians, but the sinister development of absolutism and the imperial state complicates the legacy of that time.
Original article: https://mises.org/mises-wire/absolutism-and-reason-state-rothbard-growth-statism
Although the political establishment claims the Comey indictment represents an unprecedented moment in our history, the truth is much different. Federal prosecutors have a long history of bringing unjustified, politically-motivated prosecutions.
Original article: https://mises.org/mises-wire/james-comey-not-innocent-victim-lawfare-he-helped-create
The federal government shuts down as the Supreme Court returns. Our panel looks at the Trump team’s plan to use the shutdown for mass layoffs —and previews a new Supreme Court term packed with big fights over tariffs, emergency powers, and the future of “independent” agencies.
Featuring: Ryan Bourne, Gene Healy, Thomas Berry, and Jeffrey Miron
Romina Boccia, "Thoughts About The Impending Government Shutdown," The Debt Dispatch, September 30, 2025.
Jeffrey Miron, "Some Libertarians Cheer When Government Shuts Down: Here's Why They Shouldn't," Vox, January 21, 2018.
Ryan Bourne, "The Libertarian Experiment That Isn't," Cato at Liberty blog, January 11, 2019.
Thomas A. Berry, Brent Skorup, and Charles Brandt, "Learning Resources v. Trump," Cato Amicus Brief, July 30, 2025.
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It's Day 2 of the government shutdown. And we'd like to note that despite the government closing shop, House Republicans have been on vacation since last week, while House Democrats have been showing up to work. Vice President JD Vance told members of the press Wednesday that the real bad guys in the shutdown fight are Democrats, specifically Senate Minority Leader Chuck Schumer. Because, according to Vance, it's Schumer standing in the way of low-income Americans getting much-needed health care assistance, assistance that Republicans cut in President Donald Trump's "One Big Beautiful Bill." Both Democrats and Republicans have dug in their heels on this shutdown. Democrats want Affordable Care Act subsidies extended and Medicaid cuts reversed. And Republicans are fine with the government being closed – and want to fire thousands of federal employees. So to talk more about the shutdown, its impact on everyday Americans, and what comes next, we spoke to New Jersey Democratic Sen. Andy Kim.
And in headlines, federal officials say they plan to reopen an Obama-era immigration program, Israel tries to intercept yet another flotilla attempting to carry humanitarian aid to Gaza, and the Supreme Court ruled that Trump can't just fire Federal Reserve Governor Lisa Cook… because he doesn't like her.
Show Notes:
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