Essays & News

    …Hayek’s writings have not dated with the years. They remain a star by which the governments of free nations everywhere would be well advised to steer their course. Margaret Thatcher Take Away As conservative Prime Minister, Margaret Thatcher (October 13, 1925 – April 8, 2013) shaped the politics of the United Kingdom from […]

  After having achieved progress in the Gaza conflict, United States President Donald Trump again intends to resolve the issue of war in Ukraine and the U.S. relationship with Russia. Now some 10 months in office, we can see that the White House has a fairly clear long-term strategy camouflaged in more erratic tactical maneuvers. This goes for domestic, economic […]

  Central bank independence isn’t just wonky economic theory. It’s a stabilizing force in fiat money-using economies. When shortsighted politicians control monetary policy, the public suffers. Consider that with a 10 percent inflation rate, a $50,000 salary loses $5,000 in purchasing power annually—that’s a month’s rent, a year of groceries, or your child’s college savings evaporating. […]

  Introduction Since returning to office in January 2025, President Donald Trump has made the Federal Reserve a central target of his presidency. At first, there were hints of serious reform, including talk of a Fed audit with Elon Musk and even considering former Congressman Ron Paul—long a critic of the Fed as an institution and of […]

  All industrialized countries are running high deficits. In Europe, the situation is particularly striking: France has a deficit exceeding 6 percent, and no solution seems politically acceptable. Germany is in full stagnation: its manufacturing base is crumbling, its infrastructure decaying and energy costs have become ruinous. The deficit remains high, while taxes on businesses […]