Celebrate Murray’s 100th Birthday with Us!

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...

Former Members Of Alleged Texas Antifa Cell Shed Light On Ideology During Trial Authored by Darlene McCormick Sanchez via The Epoch Times, Individuals identified as North Texas Antifa members testified in a landmark domestic terrorism case that social justice and anti-government ideology influenced their involvement with the group. The trial in the U.S. District Court for the Northern District of Texas follows President Donald Trump’s executive order on Sept. 22, 2025, designating Antifa as a domestic terrorist organization. The Fort Worth trial completed its second week in what is expected to be a...

Israel has informed the Lebanese government that Lebanon’s civilian infrastructure will be “hit hard” if Hezbollah in any way takes part in the apparently upcoming US-Iran War. Lebanese officials have urged Hezbollah not to do so, since the war “does not concern us.” The twin hopes are that Hezbollah will stay out of the war, […]