Peter's Blog

Cutting Federal Workers Starts with Cutting Federal Spending

With the Department of Government Efficiency garnering constant media attention, part of the incoming Trump administration’s messaging centers on reducing government payrolls. While this would certainly improve the economy, President-elect Trump should remember that payrolls are not the only public expenditure that needs to be slashed. The following article was originally published by the Mises […]

The Illusion of Government Efficiency

President-elect Trump’s proposed “Department of Government Efficiency” continues to both enrage big government leftists and excite conservatives and libertarians. While there is certainly great merit in shrinking the size and scope of the state, it’s worth remembering that government– by its very nature– cannot be “efficient.” The following article was originally published by the Mises […]

Tariffs Through an Austrian Lens

In post-election America, tariffs still occupy much of the policy debate surrounding the incoming Trump administration. With leftists arguing in bad faith on one side of the issue and economic populists on the other, we can turn to the Austrian school of economics to understand the tradeoffs at play with protectionism. The following article was […]

Seeking Refuge from Monetary Manipulation

Politicians frequently lament inflation and blame it on greedy private actors. What they fail to mention is that they intentionally create inflation to avoid the purported perils of falling prices. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or SchiffGold.

Commercial Real Estate Bond Distress Reaches Record High

From the national debt to negative jobs reports, data has been piling up that suggests America’s economic bubble is ready to burst. Now, with the Fed’s most recent round of rate cuts moving through the economy, fault lines are appearing in the commercial real estate sector. The following article was originally published by the Mises […]

NAFTA Fever and the Illusion of Government-Created Free Markets

As the nation prepares for Trump’s second term, protectionism and hostility to free-trade are getting a second wind.To preempt the economics behind these ideas, it’s worth revisiting the fact that the government cannot “level the playing field” or create free markets. The following article was originally published by the Mises Institute. The opinions expressed do […]

Exploring the Flaws of Supply-Side Economics

Donald Trump’s decisive electoral victory has legitimized a new conservative populist economic agenda. While there is great promise in parts of this agenda, it could easily go off rails and devolve into misguided state action. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter […]

How Trump Defied the DC Establishment Once More

Donald Trump’s decisive victory came as a surprise for many on the left and in the media class. As many speculate on what the future holds for Trump’s second term, it’s worth revisiting why his campaign and message were so successful on election day.  The following article was originally published by the Mises Institute. The […]

Why Congress Should Remove Jerome Powell

Fed Chair Jerome Powell is under increased scrutiny after he recently admitted to having no plan in place to address stagflation. Despite the Fed’s supposed independence, it’s time for liberty-minded politicians to disempower Powell and his inflationist counterparts. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect […]

Competition: The Essential Driver Behind Every Market Process

The division of labor and specialization in the free market are responsible for the vast wealth the developed world has accumulated over the last two centuries. With monetary and fiscal threats to the market at every political corner, it’s worth revisiting why the market– and the competition that drives it– is so important.