my private podcast channel
While it is true that colonial era governments sometimes burned paper money after receiving it in the form of taxation, why they burned the money is for reasons other than what MMT advocates are claiming. In the end, the MMT promoters are telling a false history.
Original article: https://mises.org/mises-wire/why-governments-burned-money
Rothbard took the American Revolution to be mainly libertarian in its inspiration, but he contends that the libertarian impulses of the Revolution were betrayed by a centralizing coup d’état.
Original article: https://mises.org/mises-wire/rothbard-constitution-was-coup-detat
Not only are modern monetary theory (MMT) cultists dishonest about the role of money, they also are dishonest about money‘s history. By taking issue with Carl Menger‘s historical version, they expose their own ignorance of how money came about.
Original article: https://mises.org/mises-wire/mmt-wrong-about-history-origins-money
We like to think of the “deep state” as a conspiratorial entity. In reality, the term describes much of what the federal government does in broad daylight.
Original article: https://mises.org/mises-wire/yes-virginia-there-deep-state-and-it-worse-you-think
Abraham Lincoln is best known for his role as a wartime president, but his economic policies were a precursor to the New Deal. From railroad subsidies to a national banking system, Lincoln paved the way to the Progressive Era and beyond.
Original article: https://mises.org/mises-wire/lincolns-new-deal
EU Central Bank President Christine Lagarde has declared that anything that might lead to private currencies must be stopped. Yet, as F.A. Hayek noted, one way to confound central banks is through private currencies.
Original article: https://mises.org/mises-wire/christine-lagarde-and-privatization-currency
Cato's Clark Neily and Mike Fox give the most recent SCOTUS term a B- grade on criminal law. While they celebrate some unanimous victories like Barnes v. Felix (requiring courts to consider totality of circumstances in police use-of-force cases) and Martin v. United States (allowing federal tort claims against law enforcement), they express frustration with the Court's repeated refusal to hear cases involving the "petty offense doctrine," appellate waivers in plea bargains, and felon-in-possession gun laws—all issues with clear circuit splits that affect large numbers of people.
The episode concludes with a celebration of Fox's efforts that led to presidential pardons for John Moore and Tanner Mansell, achieving justice where the courts failed.
Hosted on Acast. See acast.com/privacy for more information.
America recently celebrated Independence Day, but Americans were too quick to abandon their own individual freedoms and individual sovereignty and submit to the state.
Original article: https://mises.org/mises-wire/life-source-missing-todays-narratives
The Senate on Tuesday confirmed Emil Bove as a federal appeals court judge, a lifetime appointment to a perch one rung below the U.S. Supreme Court. Bove, who served as President Donald Trump’s personal attorney, ascended to the top ranks of the Justice Department when Trump returned to office in January. Ahead of his Senate confirmation, he became the subject of multiple whistleblower complaints, with some alleging Bove told DOJ subordinates they may need to ignore court orders to enact Trump’s agenda (Bove denies the allegations). Former FBI Deputy Director Andrew McCabe joins us to talk about what Bove’s confirmation signals to the rank and file at the DOJ. He also weighs in on what’s happening at his former agency right now and — maybe more importantly — what’s not happening.
And in headlines: President Donald Trump announced a new 25 percent tariff on India ahead of his Aug. 1 deals deadline, former Vice President President Kamala Harris announced she won’t run for governor of California next year, and the Federal Reserve kept interest rates unchanged for a fifth time this year.
Show Notes: