Trump Can, and Must, Avoid War with Iran
“By this time next week, the U.S. and Iran could be at war.” From Andrew Day of The American Conservative.
Vilfredo Pareto: A Return to the Libertarian Roots of Elite Theory
Categorically speaking, there are two explanations for political differences between people. Mistake Theory posits that the reason libertarians and, say, Marxist-Leninists, don’t agree with each other is that we have firmly-held, genuine beliefs about how to solve problems in the world. Politics is simply “the science of society,” and good politics tends towards the greatest good. Most people simply differ on how best to achieve the greatest good.
The Misesian, vol. 2, no. 3, 2025
How Bitcoin Became a Weapon: A Critique of Jason Lowery’s Softwar from the Austrian Perspective
In his controversial book Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin, US Space Force officer Jason Lowery presents Bitcoin, not as money or a market asset, but as a weapon of national defense. According to Lowery, proof-of-work (PoW) is not simply a consensus mechanism—it is a new form of power projection that turns kinetic force into digital deterrence.
Remembering the Crimes of Totalitarian States
[This article is a selection from Chapter 5 of Great Wars and Great Leaders: A Libertarian Rebuttal.]
Are WNBA Players Underpaid or Overpaid?
Claudia Goldin is a Harvard labor economist who won the 2023 economics Nobel, and she has a new mission in life: boost pay for the players in the Women’s National Basketball Association (WNBA). In a recent op-ed in the New York Times, she wrote that the pay disparity between WNBA players and their male counterparts in the NBA is “embarrassing.”
She writes:
