Mises Wire

While Rothbard offers a focused economic analysis that situates the crisis within a broader theoretical framework, Browning gives readers a sense of what it felt like to live through the crisis.

Much of the world‘s financial system is undergirded by the false claim that US government bonds are “risk-free.” The truth is that all is not well when it comes to banking and finance.

As the Trump administration cuts thousands of federal jobs, it‘s good to remember that the public sector‘s “services” provide no actual net value to the “national product.”

For all of the political and social turmoil in this country and elsewhere, the technological revolution marches on. While many pundits tell us we should fear these technological advances, the net result of them is positive, as new and improved technology advances capital development.

John Quincy Adams famously warned against the US going abroad in search of “monsters to destroy,” but while claiming to destroy monsters, the regime also creates and nourishes them.

If federal funds are cut off from the Kennedy Center, I guess America will have to go back to that dark age of American culture that existed before the Center opened in 1971.

Lincoln was a crony capitalist on economic policy, advocating protectionist tariffs, corporate welfare for railroad corporations, and a government-run central bank to pay for it all.

Libertarian philosophy is based upon the non-aggression principle, but a libertarian society also needs institutions to help carry out those principles, especially for those that are victims of aggression by others.

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The legacy media is ramping up its opposition to the Trump administration and especially Elon Musk. However, it seems that they are using the playbook from eight years ago during Trump's first presidency.