House Passes Dem Resolution to Block U.S. Military Action Against Iran In Narrow Vote

AI Boom And European Bond Markets: A Deep Dive Submitted by Thomas Kolbe The “credit pump” could rightfully claim its place as a symbolic flag of the European Union. With virtually unlimited access to the bond market, politics magically transforms an inexhaustible credit stream into political maneuvers and ideological wizardry. Through this manipulation of money, processes and institutions are transplanted into the real world that, under normal circumstances, could never have surpassed the fantasies and limits of political ideology. Wind turbines in forests, fully electric cargo bikes in an industrial nation that...

The Penal Leviathan: What Wacquant And Rothbard Reveal About Modern Punishment Authored by Luc Lelièvre via Mises Institute, Loïc Wacquant and Murray Rothbard come from completely different worlds. Wacquant, in Punishing the Poor (2009), analyzes how modern states manage marginalized populations through policing and incarceration. Rothbard, in The Ethics of Liberty (1982), argues that the state is a monopoly of coercion and that real justice means restitution to victims rather than punishment imposed by the government. At first glance, they seem to have nothing in common. Yet, when you look closely...

The Greatest Cover-Up In Economic History: How Washington Hid Its Role In The 2008 Crash Authored by Kevin Villani via Mises Institute, The commentary in a recent Wall Street Journal by Senator Phil Gramm and Representative Jeb Hensarling did the nation an immense service by dismantling the persistent myth that private market greed and financial deregulation caused the 2008 financial crisis. As they rightly pointed out, inflation-adjusted mortgage rates during the bubble era were historically high, and financial institutions were suffocating under increasingly strict federal mandates, not running wild in a...