For a short period of time, America’s libertarian moment was a go-to topic for political pundits in a variety of publications. Since 2016, the role of libertarians in political discourse has tended to devolve away from a relevant political demographic into a weird scapegoat for the Left and Right.
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Listen to the Audio Mises Wire version of this article.
For months now, Democrats and other opponents of Donald Trump have been sounding ominous warnings that Trump may refuse to leave the White House even if he loses the election.
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We asked several Mises Institute scholars and writers to come together to discuss the themes running through the 2020 election race and the most important policy issues for the American presidency. Here’s what they had to say.
In many years of lecturing at Mises University, Judge Napolitano has given the same—terrifying—ending to his introductory speech. Not until the horrors of this year did it dawn on me that perhaps his point has its basis in reality.
A belief still commonly held today by not just Marxists and socialists, but progressives of many stripes, is the insistence that employers are “stealing” part of their workers’ labor because the wage workers receive from their employer are less than the contribution of their labor to the final value (i.e., selling price) of the finished good.
Profit to the employer, the argument goes, is akin to theft from the workers. Profit is “surplus value” created by the worker but taken by the capitalist, they say.
