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The Trump administration has withdrawn its promised $4 billion for the California Bullet Train project because this project does not have a viable future. While they may complete the 171-mile Central Valley portion, the rest of the project is dead in the water.
Original article: https://mises.org/mises-wire/mother-o-mercy-end-cal-bullet-train
The proper answer to who should be Fed chairman is…nobody. Nobody knows the “correct” interest rate.
Original article: https://mises.org/power-market/nobody-fed-chairman
President Trump is proposing a $1.5 million levy on Chinese-built ships that enter US harbors. Since a majority of cargo ships have been produced by Chinese shipyards, the costs would be substantial. This action also would damage US exports, yet another unintended consequence of US policies.
Original article: https://mises.org/mises-wire/trumps-tariff-ship-has-sailed-chinese-ship-levy
The old classical liberal political tactics of constitutionalism, state building, and universal suffrage have clearly failed.
Original article: https://mises.org/mises-wire/why-classical-liberal-constitutionalism-has-failed
The Federal Trade Commission has fined the makers of the video game Fortnite more than $500 million ostensibly for violations that have no legal basis. This is yet another case of the feds shaking down producers in the name of “consumer protection.”
Original article: https://mises.org/mises-wire/ftc-versus-fortnite-consumer-protection-consumer-deception
Discussions of wages often miss the all-important economic of a worker‘s diminishing marginal value product (DMVP), and the WNBA is no exception.
Original article: https://mises.org/power-market/wnba-players-pay-us-what-you-owe-us
The White House is boasting about a new trade “deal” with the EU. But every supposed benefit that comes from the agreement applies only to a small subset of the country while leaving the American public, as a whole, worse off.
Original article: https://mises.org/mises-wire/us-eu-trade-deal-nothing-celebrate
Tho Bishop and Connor O’Keeffe sat down with Mises Summer Fellow David Brady, Jr. during Mises University last week to discuss the summer fellowship, his research project on the Old Right, and the Mises Institute’s student programs more broadly.
For more information and to subscribe, visit https://Mises.org/P&MPod
Once he took office, Trump continued Biden‘s policy of massive arms shipments to Israel. Trump even sent American bombers to attack Iran‘s nuclear facilities.
Original article: https://mises.org/mises-wire/dont-ship-weapons-troubled-hot-spots
Like every other government program designed to make something “more affordable,” the student loan program has managed to drive college tuition to atmospheric levels and saddle students with massive levels of debt.
Original article: https://mises.org/mises-wire/federal-student-loans-drive-college-tuition-levels
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