"You Just Lied!": Elon Crushes BBC Reporter's Claims About 'Hate Speech' On Twitter

What Causes Stagflation? Authored by Frank Shostak via The Mises Institute, In the late 1960’s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to Friedman, expansionary central bank policies set the platform for lower economic growth and a higher rate of inflation (i.e., stagflation). A famous case of stagflation occurred during the 1974-75 period. In March 1975, industrial production fell by nearly 13 percent year-on-year while the yearly growth rate of the consumer price index (CPI) jumped to...

Governments at all levels abuse their “privilege” of eminent domain, the taking of private property for government use. Murray Rothbard understood that government was not justified to seize property for such use in the first place.

The US and South Korea announced they will hold the annual Freedom Shield war games in March.  Freedom Shield is a large-scale military drill held in South Korea each Spring. The war games will run for 10 days in mid-March, with 18,000 troops participating. Army Col. Ryan Donald said the war games will be accompanied […]