Political Theory

Bob describes his vision of a Rothbardian society.

A society in which [classical] liberal principles are put into effect is usually called a capitalist society, and the condition of that society, capitalism.

Conservatives seem to want a "robust" state to replace the cultural, religious, and economic institutions that states destroyed in the first place.

The professional custodians of American views of history have always named the same presidents as "great." It's always the presidents who abused power frequently, and expanded government power the most.

It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile, relies on both saving and spending.

Dr. Gordon analyzes Yoram Hazony's new book The Virtue of Nationalism, in which Dr. Gordon examines Hazony's flawed but useful critique of political universalism.

Many people on the left regard economics as neither a science nor a principled field of study. For them, economics is just a pseudo-science invented as corporate propaganda, and people who push "free-market economics" do so because they are either evil or brainwashed by corporate masters.

Slobodian merits great credit for his detailed account of Mises and Hayek’s interest in world federalism, but he fails to grasp the fundamental issue motivating what they said.

Many people on the left regard economics as neither a science nor a principled field of study. For them, economics is just a pseudo-science invented as corporate propaganda, and people who push "free-market economics" do so because they are either evil or brainwashed by corporate masters.

Mises wrote this essay in 1940 from Geneva, where he lived after Nazis forced him out of Austria and his apartment was ransacked by German troops.