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There is a simple way for housing markets to adjust to the new realities of higher interest rates. Prices need to come down. That’s how markets are supposed to work. Original article: https://mises.org/mises-wire/home-sales-high-interest-rates-are-not-problem-high-prices-are
Against historians who treated the war as the death of progressive reform, Rothbard argues it was the culmination progressives had wanted all along. He traces the movement’s postmillennial pietist roots—a Protestantism bent on stamping out sin through the State—into wartime prohibition and the anti…
The only way to fund Social Security is with current tax dollars, inflicted on current workers and families. There is no pot of money somewhere that current retirees “paid into.” Be sure to follow the Loot and Lobby podcast at Mises.org/LL
Despite the real damage the Trump administration is doing to the economy, its cheerleaders in the Cabinet continue to insist all is well. This is beyond wishful thinking. Original article: https://mises.org/mises-wire/whistling-past-graveyard

Violent Populism

Mark Thornton examines the rise of political violence in America, drawing on Robert Pape’s Our Own Worst Enemies and its warning that political violence has become increasingly normalized on both the left and right. Mark argues that the deeper cause is not simply “fractured legitimacy,” but the lon…
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