Mises.org

  • Federal Spending in 2025 Is on Track to be the Highest Ever

    For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even when we adjust for CPI inflation.

  • If Only FTX Could Use the Fed’s Accounting

    What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is in the same position but unlike FTX, the Fed can create fictitious assets and pretend that nothing is happening.

  • Who Owns the Gold?

    With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in the first place. Franklin Roosevelt‘s theft of gold from the American people is a crime that still needs to be rectified.

  • McMaken Talks Gold Reserves on the 'World Affairs in Context' Podcast

  • The Contested Meaning of the Constitution

    While many people have declared the US Constitution to be “crystal clear” on issues of governance, the truth is that much of what the Constitution says is disputed. The first step toward more consensus is understanding that the Constitution is interpreted by fallible people.

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