“War is the health of the state.” That phrase, coined by Randolph Bourne, explains why opposition to war is a priority of many libertarians.

War allows governments to increase spending, taxes, and regulations in order to feed the war machine. Wars can justify measures that remain in place long after the wars end. An example of this is income tax withholding that was created to fund World War Two.

Troops are now saying “’We do not want to die for Israel.” Unfortunately, many American boys will likely be forced into battle to protect the US-Israel-Saudi-Epstein alliance. 

Prediction markets are all the rage, as their soaring activity and cultural impact clash with growing regulatory resistance and accusations of blatant manipulation.

The problem reaches beyond subsidies, mandates and regulation, writes Murray Sabrin in the WSJ.

Politicians say they can “fix” the economy. But economists Friedrich Hayek and Ludwig von Mises pointed out how government “fixes” lead to bigger problems. 

Mises Institute Editor-in-Chief Ryan McMaken is interviewed by John Stossel for this interview about what we can learn from Mises and Hayek.

Dictator Mohammed bin Salman has convinced Trump to help the anti-Christian, absolutist Saudi dictatorship “remake the Middle East.”

Critics of markets often argue that capitalism systematically fails consumers. Firms collude, corporations exploit their power, and powerful companies crush competitors. But there is a curious pattern in these critiques: regardless of what actually happens in the marketplace, the outcome is treated as proof that markets are broken.

To many liberals, the notion of individualism stands in opposition to nationalism, and in favor of globalism. As the New York Times expresses it, individualism “promotes a more universalist outlook. In focusing on individual rights and welfare, it reduces the emphasis on groups – and the differences between ‘us’ and ‘them’ that notoriously erode generosity toward those outside one’s own circle.”