Mises.org
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Trump’s “Liberation Day” Tariffs are a Mistake
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the law of supply and demand does not apply to trade or that the American public will be uncharacteristically fine with higher prices. -
What Economists Do and Why They Do It
What should economists do, and are we doing it? -
Inflation as a Centralizing Force
While monetary authorities and the government claim that they are “fighting inflation,” the truth is that inflation is an important tool for political and economic elites who are centralizing political life. -
Trump's "Liberation Day" Tariffs are a Mistake
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the law of supply and demand does not apply to trade or that the American public will be uncharacteristically fine with higher prices. -
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.