What Rights Do Future Generations Have?
Sometimes people claim the free market is unfair to future generations. Mises says again and again that capitalism is a system of “mass production for the masses” directed by the “dollar-votes” of consumers, and the consumers he is talking about are people who now exist. These people will act to secure their interests, but what about those who come after them? Don’t we have to consider the time “when like our sires, our sons are gone,” in Ralph Waldo Emerson’s phrase?
How the American Revolution Turned North American Foreign Trade on Its Head
[Chapter 1 of Rothbard’s newly edited and released Conceived in Liberty, vol. 5: The New Republic: 1784–1791.]
Understanding the Roots and Causes of Inflation
[This is the fourth lecture from Mises’s Economic Policy: Thoughts for Today and Tomorrow.]
When Fascism Comes, It Will Be Wearing a Mask
Listen to the Audio Mises Wire version of this article.
Almost immediately after his inauguration, President Joe Biden began creating new government dictates via executive orders. Many of these executive orders concern coronavirus, fulfilling Biden’s promise to make ramping up a coronavirus-inspired attack on liberty a focus of his first one hundred days.
A Wave of Abusive Federal Prosecutions Is Coming
The violent protest at the US Capitol on January 6 has long been over, but the upcoming Biden administration’s response to it is likely to do greater violence to the US Constitution and the rule of law than anything the worst of the protesters could have accomplished. Thanks to the response of the George W. Bush administration and Congress to the 9/11 attacks almost two decades ago, Joe Biden’s prosecutors will have plenty of legal ammunition to go after their political enemies. It won’t stop with prosecuting people who broke into the Capitol.
The State Is a False-Flag Operation
Over the past year, as violence has erupted in cities across the United States and even in the Capitol building in Washington, DC, partisans have routinely insisted that looting, vandalism, terrorism, arson, beatings, and murder are “false-flag operations.” By this is meant that agents provocateurs have infiltrated one side’s ranks and have behaved badly on purpose, for the sake of damaging the reputation of the group that has been compromised. The end goal is to delegitimize a rival group and, ultimately, have it suppressed by the state.
