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In twenty-first-century America, millions of Americans—Christians and social conservatives especially—are finding that the nation’s most influential institutions appear to be implacably hostile toward them.

In Human Action, Mises anticipates an issue that has been at the heart of political philosophy for the past thirty years or so. The discussion in political philosophy has centered on issues raised by John Rawls in Political Liberalism (1993). Rawls says that in modern nation-states, individuals and groups have different “conceptions of the good.” People have religious and philosophical views that lead them to different ideas about how society should be organized and how individuals should act.

The Federal Reserve Bank (the Fed) and the Biden administration are systematically undermining the stability of the American economy with a variety of unwise and destructive policies. The Fed and the administration defend these policies by denying obvious economic truths, which include their own inflation data.

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The British Austrian economist W.H. Hutt was a great critic of Keynes’s economic theories. However, his speculations on why the New Economics revolution happened are even more fascinating. Hutt shows it to be a fundamentally dishonest undertaking. Keynes held a long-standing belief in inflation and public spending. His General Theory was the culmination of his search for an intellectual foundation on which to support his belief.