A Limited-Government Republic versus a National-Security State
The worst mistake that the American people have made in the entire history of the United States was to permit the conversion of the federal government into a national-security state. …
Mises Wire
The Prospects for a Sound-Money Revolt against the Dollar and Euro
In the last decade, the combination of virulent asset price inflation and low reported consumer price inflation crippled sound money as a political force in the US and globally. In …
The US Obsession with Sanctions May Destroy the Dollar
When the US places financial sanctions one one country, it de facto sanctions many other countries as well — including many of its allies. This is because not all countries …
Liberalism and Peace
Recorded at the 2003 Supporters Summit: Prosperty, War, and Depression. Ralph Raico discusses how from Jefferson to Madison, and on to Bastiat, Molinari, and Spencer, the “classical” liberals routinely denounced war …
An Austrian Frame of Mind
Professor Janek Wasserman, to his credit, is not a polemicist. His new book The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas is indeed a critique of the …
The European Green Deal Is Every Bit as Bad as Expected
The European Commission has unveiled its “European Green Deal,” after taking hints on denomination from its American counterpart, the “Green New Deal.” While the legislation introduced in the US Congress …
America’s Debt Machine Makes Us Dependent on Petrodollars — and on Saudi Arabia
The Iranian regime and the Saudi Arabian regime are longtime enemies, with both vying for control of the Persian Gulf region. Part of the conflict stems from religious differences — …
How Do We Calculate Value?
[From Socialism: An Economic and Sociological Analysis, by Ludwig von Mises, pp. 113–22.] All human action, so far as it is rational, appears as the exchange of one condition for …
Economic Freedom Reduced Inequality in Chile. But the Left Has Other Plans.
Deriding Chile for its economic inequality is fashionable among detractors of its economic model. Chile’s economic success during the forty years has not been enough for its loudest critics. Looking …
Chris Casey’s Journey to a Distinctively Austrian Financial Services Business
Innovation often emerges from the combination of existing components in new ways. In Chris Casey’s case, the new combination was his knowledge of Austrian Economics — specifically Business Cycle Theory …