As we wade through the intricacies of modern society, it becomes all the more imperative to go back to the works of Ludwig von Mises. Mises remains not only relevant but vital, providing a framework to view the modern world. Throughout his life, Mises set the standard with his insights into human action, economics, and politics. In an era characterized by government overreach, monetary manipulation, and degradation of individual freedoms, it is with his ideas that we can seek guidance regarding these issues.

A flare-up in the culture war has become an election issue and an August 16 ruling by the US Supreme Court (SCOTUS) guarantees it will not go away.

The Old Right was a principled band of intellectuals and activists, many of them libertarians, who fought the “industrial regimentation” of the New Deal, and were the first to note that, in America, statism and corporatism are inseparable. 

The presumption of liberty is an established liberal tradition according to which any restrictions on individual liberty require justification. Gerald Gaus and Shaun Nichols depict this as a principle of “natural liberty,” a “general presumption in favor of freedom of action.” As they explain, if natural liberty is a general presumption we expect it to be reflected in

Global liquidity is expanding. In the past three months, the global money supply has soared by $4.7 trillion. This rapid increase started when the Federal Reserve panicked the first time and delayed the normalization of the balance sheet in June.

This week, the US Supreme court announced that it will consider throwing out the Mexican government’s suit in the case of Smith & Wesson Brands v. Estados Unidos Mexicanos. The Mexican government alleges that Smith & Wesson and wholesaler Witmer Public Safety Group Inc. are intentionally conspiring with middle-men to supply Mexican cartels with guns. 

“Money does not grow on trees” is an old expression of wisdom that seems to have been disregarded by 21st century American policymakers. People all over the world and throughout time base their decisions primarily through lived experience. The US dollar became the world’s reserve currency in the aftermath of World War II, which is now almost eighty years ago. There is virtually no one in power at the American government or in leading institutions who has a living memory from before that period.

For more than four years now, the Biden Administration has been insisting that the state of small business in America is better than it has ever been. This claim, however, is based on a single government statistic: the business applications metric published by the Census Bureau, which is a record of applications for an employer identification number (EIN).