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July 7, 2023

By Doug French

The Backstops for Banks Are Full of Holes

The Federal Home Loan Bank (FHLB) is the latest "weapon" in the government's so-called arsenal to keep the banking system afloat. But the system needs much more than just "liquidity." It needs sound money and sound banking practices.

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By Ryan McMaken

When Slave Owners Chose Federal Power over Local Sovereignty

Although they professed to support "states' rights," many proslavery activists wanted a stronger federal government that could force slavery on the western territories and deny local sovereignty to territorial residents.

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By Antony P. Mueller

Wilhelm von Humboldt’s Demarcation of the Limits of State Activity

Before there was Thomas Jefferson, there was Wilhelm von Humboldt, who saw the importance of guarding against the encroachment of state power.

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