Mises Wire

Robert Nozick’s Anarchy, State and Utopia turns fifty this year, and this libertarian classic has stood the test of time.

While conservatives and followers of Austrian economics often have much in common, many conservatives are against free trade and free exchange. Austrians need to carefully explain why those beliefs are harmful.

Great Britain are shifting back toward railway nationalization. Of course, the vaunted railway privatization of the 1990s wasn’t real privatization at all. 

Not surprisingly, neoconservatives have tried to rehabilitate the British Empire, calling it benign and a civilizing force in Africa and Asia. Like all other empires, however, it was held together by violence and subjugation.

People have come to believe that only the state is morally qualified to create and maintain a system of justice. However, given that the state itself acts unjustly, perhaps it is time to look outside of the state.

While chattel slavery exists in some parts of the world, it mostly has been abolished. Perhaps we should do the same thing to the state.

More units of public debt mean weaker productive growth, higher taxes, and more inflation in the future. All three are manifestations of a slow-burn default.

Libertarianism is criticized on all sides, but a new criticism has emerged that claims libertarianism is little more than another form of critical theory. Like the other complaints, this one is based on fallacious thinking.

The academic world is supposed to serve as a beacon of enlightenment. Instead, as Wanjiru Njoya demonstrates, it promotes a failed liberalism.

Biden has embraced the trade war. But, if protectionism actually produced competitiveness, American steel manufacturers would have become world leaders long ago.