mises.org: Why Lending Money (at Interest) Is Not Usury in the Modern World -- -- In contrast to an ancient agrarian economy, the developing economy presented many risks and costs for lenders, and the idea of what was fair and just in money lending had to change. #liberty #news
mises.org: Trump’s Trade Trilemma -- -- While President Trump rails against US trade deficits, he forgets that they are due to the fact that the US dollar is the world‘s reserve currency. This, in turn, encourages deficit spending and a bloated national debt. #liberty #news
reason.com: Everything Got Worse During COVID -- -- By almost every measure, America during the pandemic was a more dangerous, deadly, and dysfunctional place. #liberty #news
reason.com: Belated Republican Objections to the One Big Beautiful Bill Glide Over Its Blatant Fiscal Irresponsibility -- -- House members who discovered objectionable elements only after voting for the package nevertheless underline the unseemly haste of the legislative process. #liberty #news
mises.org: What Is the Optimal Growth Rate for the Money Supply? -- -- The mainstream economic belief is that a growing economy needs a growing money supply to ensure “price stability.” Austrian economists, however, believe that there is no “optimum” money supply, which means government should not engage in monetary expansion. #liberty #news
mises.org: The Federal Judiciary’s War on Trump Is Not About Protecting Us from Government Overreach -- -- As President Trump racks up defeat after defeat before the federal courts, the legacy media claims that federal judges are protecting us from government overreach. In reality, government overreach as we know it has been made possible by the federal judiciary. #liberty #news
reason.com: Texas Legislature Bans LGBT Student Clubs in K-12 Schools, Violating the Constitution and Federal Law -- -- Signaling legislative contempt, one sponsor called the student groups sex clubs. But in targeting the content of student speech the bill probably infringes First Amendment free speech rights and tramples the Equal Access Act of 1984 #liberty #news
mises.org: Trump Is Building a Bigger Deep State with the Help of "Libertarian" Peter Thiel -- -- JD Vance is clearly “Palantir’s man” and every call for “Vance 2024” is likely music to the ears of the deep state and its Big Tech allies. #liberty #news
reason.com: Trump Cut Funds From Wasteful Projects To Spend on Wasteful Statue Garden -- -- Even when the administration has cut from seemingly obvious sources, Trump has redirected federal spending toward sources closer to his heart. #liberty #news
mises.org: The Failure to Stop Thomas Paine -- -- Tom Paine is one of the forgotten names of the American Revolution, but it can be argued that no other man was as important in galvanizing the thoughts of American colonials toward independence. #liberty #news