From interstate wars to local stabbings, violence is the ultimate expression of political action.

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9/11, Charlie Kirk, and Political Violence Everywhere

Newly released jobs data this month shows that the jobs narrative from the media was based on bogus numbers.

The Jobs Picture Is Worse than They Told You

On the latest episode of Minor Issues, Mark Thornton argues that “black swans” aren’t root causes but announcement effects of imbalances created by the Fed’s cheap-credit booms. He highlights Ball State economist James McLure’s idea of "sequestered capital"—R&D, financial innovations, and opaque private assets shielded from public information—which proliferate under artificially low rates. From the Dutch Tulip Bubble and 1929 investment trusts to today’s candidates—hedge-fund private deals, AI data centers, commercial real estate, and crypto—the pattern is the same: policy-driven credit expansion seeds the very “unknowns” that later trigger crises. The fix isn’t more regulation; it’s removing the fuel line of easy money.

See also "Sequestered Capital: An Overlooked Lacuna in the Capital Structure” by James McClure: https://mises.org/MI_137_A

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Black Swans, Sequestered Capital, and the Next Bust

Since the French Revolution, leftism has served as the impetus for many of the state’s worst massacres and totalitarian impulses.

The Unique Evil of the Left

One of the reasons Charlie Kirk was considered “divisive” was that he spoke out against the civil rights laws, which was interpreted as his supporting Jim Crow segregation. Yet, these laws did not increase liberty but rather imposed a new progressive vision on Americans.

Original article: https://mises.org/mises-wire/charlie-kirk-and-sacred-totem-civil-rights

Charlie Kirk and the Sacred Totem of Civil Rights

As the Federal Reserve signals it doesn’t care about price inflation, we’re reminded the Fed is mostly motivated to ensure rising asset prices for Wall Street while pushing cheap credit to finance federal deficits.

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The Federal Reserve Cut Rates So the Rich Get Richer

“Hate speech” does not exist. At all. That’s a concept the Left invented to justify state-enforced censorship of speech the Left doesn't like.

“Hate Speech” Isn’t Real and Pam Bondi Is an Enemy of Freedom

Mark Thornton returns as a guest on the Liberty and Finance podcast with Dunagun Kaiser to walk through Ludwig von Mises’s three stages of inflation, and why today’s mix of towering deficits and money printing puts the US on the on-ramp to hyperinflation. Mark also connects sanctions and tariffs to global de-dollarization, explains why central banks are swapping Treasuries for gold, and breaks down his gold-to-silver trade. The conversation ranges from “black swans” to state-level sound-money moves, and closes with practical steps.

Additional Resources

Visit Liberty and Finance at https://libertyandfinance.com

“Black Swans, Sequestered Capital, and the Next Bust” (Minor Issues): https://mises.org/MI_137

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On the Hyperinflation On-Ramp

The irony of the Jimmy Kimmel controversy is that he owed his spot at ABC precisely because his work was non-political. Unfortunately in modern America, professional clowns feel they must become political tools.

Original article: https://mises.org/mises-wire/jimmy-kimmel-american-tragedy

Jimmy Kimmel: An American Tragedy

Men can be trained to regard their exploiters as the virtuous architects of safety and prosperity, as so many so-called "citizens" in America are so relentlessly trained to do.

Original article: https://mises.org/mises-wire/why-government-so-loved-so-many

Why the Government Is So Loved by So Many

The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists.

Why the Government Is So Loved by So Many

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