The Political Economy of Fear
[S]ince love and fear can hardly exist together, if we must choose between them, it is far safer to be feared than loved. — Niccolò Machiavelli, The Prince, 1513 All …
Mises Wire
The Interesting Case of the Zaïre—the Question MMT Cannot Answer
The zaïre lived an interesting life. The zaïre was the basic unit of currency for the Democratic Republic of the Congo and the Republic of Zaire (it’s back to the …
Is Tucker Carlson Right About Replacement Theory?
Tucker Carlson seems to believe that if it weren’t for immigrants, America would be dominated by religiously devout, tradition-minded, liberty-loving Americans in every corner of the nation. Perhaps he’s not …
The Plutocrats of Wall Street and Silicon Valley Are Scamming America
In recent years, it seems that the nation’s CEOs and billionaires are increasingly willing to drop the pretense that they are politically neutral entrepreneurs who simply want to go about …
Politicians Concerned about Violence Should Start by Ending Their Wars and Their Police State
On April 8, 2020, President Biden addressed the public concerning new executive orders he is planning on putting through. This will be on top of the forty-eight other executive orders …
America’s “Great Men” and the Constitutional Convention
[Chapter 13 of Rothbard’s newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] From the very beginning of the great emerging struggle over the Constitution the Antifederalist forces suffered …
If the Nordic Countries Are Socialist, So Are These Three
The Nordic countries draw attention from democratic socialists in America thanks to their high tax rates, strong welfare states, and supposedly tight regulation of enterprise. The final indicator, however, is …
Fedcoin to the Rescue?
It could take several years. But “Fedcoin” is on its way and soon will be our reality. The question is: Will Fedcoin make our lives easier or just the Fed’s? …
The Bigotry of the Literati
[Excerpted from The Anti-Capitalistic Mentality (1954).] A superficial observer of present-day ideologies could easily fail to recognize the prevailing bigotry of the molders of public opinion and the machinations that …
Printing Money Can’t Replace Real Savings
Between January 1970 and December 2020 on average changes in money supply preceded changes in real economic activity by fourteen months, as depicted by real gross domestic product (GDP). Based on this …