Property Rights Are Not a Luxury: Why Zimbabwe Cannot Grow Without Secure Ownership
After many years of ruinous socialist rule, Zimbabwe desperately needs to rediscover private property rights in order to become prosperous.
Mises Wire
Zhao Ziyang, Zhu Rongji, and the Limits of the Chinese Market Reform under the Communist Party Rule
While Americans are tempted to see the Chinese economy as something akin to China, Inc., the reality is different. The Chinese government has not found a way to make socialism and interventionism work, no matter what myths might prevail.
The K-Shaped Economy Is Not in Your Imagination
The US economy these days seems to have a distinctive “K” shape, with asset owners riding the upward slope and everyone else the downward slope. But, while true, the reason for this situation is not what the ruling classes are claiming. The Austrians have the better explanation.
Taylor Made: Union at All Costs
In this week’s Friday Philosophy, Dr. David Gordon reviews Union At All Costs: From Confederation to Consolidation by John M. Taylor, who defends the southern secession.
9/11 and the Idealized “War on Terror”
Twenty-five years after 9/11, many seek to rehabilitate the War on Terror by appealing to the horror of 9/11, the right to respond, and the ideal of fighting terrorism. Many now demand that we judge an idealized “War on Terror” by its intentions rather than the war that actually occurred.
Rothbard’s Unfinished Question: What About Power?
How do we confront the problem of power? Murray Rothbard struggled with that question and never could find the perfect solution, but realized that a libertarian society must be able to deal with that issue in a way that does not empower the wrong people
Congress Tries to Replace Anarcho-Tyranny in College Sports with Its Own Brand of Tyranny
In the name of “saving” college sports, Congress steps well past its bounds to micromanage the NCAA.
Price Inflation Has Been above the Two-Percent Target for 65 Months in a Row
The latest reminder of the Federal Reserve's record of failure, which now extends longer than five years, comes with the most recent inflation measure.
Slavery Was Not the Difference: How Legal Innovations Made America a Superpower While Brazil Stagnated
Both Brazil and the US had slavery in the 1800s, but the US economy flourished while Brazil’s languished. If slavery was the engine for US economic growth, as leftists claim, then why didn’t Brazil's economy match that of the US?
Why the AI CEOs Really Want to Be Regulated
The top AI CEOs aren't acting like they genuinely believe their technology will soon cause human extinction. But they are acting like the successful cartelizers of history, who recognized that state power is the best way to protect market dominance.
