Trump’s Keynesian Plan for Ukraine
On January 9, The Telegraph reported,
Ukraine and the United States are planning to sign a “prosperity” deal to rebuild the country at a gathering of world leaders in Davos.
State & Families: Friends or Foes?
Last week, I joined Fr. Robert McTeigue on the Catholic Current podcast to discuss birth rates and how government policy affects families and families formation. I also noted that the state’s natural enemies are families and the church. Related articles here at mises.org include:
History Is Not a Mathematical Calculation
In Support of the Austrian Business Cycle Theory
Since the introduction in 1912 of Ludwig von Mises’s Austrian business cycle theory (ABCT) in his book The Theory of Money and Credit, it has been subject to relentless criticism. According to the ABCT, the artificial lowering of interest rates by the central bank via inflationary credit expansion leads to a misallocation of resources on account of the fact that businesses undertake various capital projects that, prior to the lowering of interest rates, weren’t considered profitable.
A New Issue of the Journal of Libertarian Studies is Now Online
The Journal of Libertarian Studies is happy to announce that issue 29.2 (2025) has been published!
Stop Fighting Your Neighbor: The Mechanics of State Power and How to Opt Out
Stop Fighting Your Neighbor: The Mechanics of State Power and How to Opt Out
“The State is the great fiction through which everybody endeavors to live at the expense of everybody else.”—Frédéric Bastiat
The Giffen Good
History Is Not a Mathematical Calculation
Professor Clyde Wilson’s observation that “history is not a mathematical calculation or scientific experiment but a vast drama of which there is always more to be learned” has important methodological implications. First, it implies that formal academic history credentials, while valuable, are not a necessary precondition for understanding history.