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Title: Mises Institute
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Fauci is back in the limelight after the release of his diary before a Senate hearing last week. And that’s good, because the career of Anthony Fauci can teach us a lot about where power actually resides in America and how our system really works.
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Democratic socialist candidates are becoming a serious political challenge in Democratic Party primaries. Have Americans suddenly become convinced by the arguments in favor of command economies, or is there something deeper going on?
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The Fed Chair’s job isn’t to stabilize the economy. It’s to use prestige, technical jargon, and mind-numbing dullness to cover for the central bank’s expropriation of the American people. And Alan Greenspan excelled at that.
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Elon Musk becoming the world’s first trillionaire has triggered a familiar round of progressive outrage. But the imprecise focus on wealth distribution obscures the real issue: how much of modern wealth is acquired through politics rather than production.
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Although it's true that many government-driven price hikes in recent years aren’t “inflation” in the strict sense, the pain they cause is just as real. Warsh’s push to narrow what the Fed counts as inflation—so it can justify even more inflation—is alarming.
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