No, Conservatives Should Not Embrace MMT
Reading Jonathan Culbreath’s “Modern Monetary Theory for Conservatives” one can’t help but think of Murray Rothbard’s quip that “it is not a crime to be ignorant of economics … but it …
Mises Wire
Bob Murphy on Rothbard’s What Has Government Done to Our Money?
Rothbard called Mises’s The Theory of Money and Credit “the best book on money ever written.” But Rothbard himself may have written the best money book for lay readers, namely What Has …
Murray Rothbard as a Philosopher
Murray Rothbard was a polymath, and philosophy is one of the fields to which he made important contributions. When people think of him as a philosopher, though, they often have …
Tobacco Smokers: America’s Most Persecuted Minority
[Editor’s Note: following reports that the Biden administration is planning to ban menthol cigarettes and flavored cigarettes, the following is an article by Murray Rothbard written in August 1994.] Quick: Which …
Local Nullification: A Way to Fight Both State and Federal Despots
Throughout American history, decentralists have championed “states’ rights” as the winning strategy for freedom, but what if that’s not enough? After all, states, in many cases, have themselves become instruments …
The Bureaucrat as a Voter
The bureaucrat is not only a government employee. He is, under a democratic constitution, at the same time a voter and as such a part of the sovereign, his employer. …
Monetary Savings versus Real Savings
According to the National Income and Product Accounts (NIPA) the US personal savings rate stood at 13.6 percent in February 2021 against 8.3 percent in February 2020. Since consumption expenditure is considered …
The Debate over the Scope of National Power
[Chapter 15 of Rothbard’s newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] At the end of May [of 1787], the convention approved with little debate the severely national …
Clinicians and Probabilistic Reasoning, with Dan Morgan
Our guest is Dan Morgan, MD, MS, a physician and epidemiologist in Baltimore, Maryland. He is Associate Professor of Epidemiology and Medicine at the University of Maryland School of Medicine, …
Polarization in Washington Is Forcing Politicians to Decentralize
From gun control to abortion, gridlock and polarization in Washington forces policymakers to look to state and local governments as the centers of political reform. Original Article: “Polarization in Washington …