Covid Lockdowns, Money, and Interest: An Interview with Steve H. Hanke
In this interview, we explore Dr. Hanke’s recent research on the effects of covid policies and his continued work on money and interest.
March home sales drop to their slowest pace since 2009
Sales of previously owned homes in March fell 5.9% from February to 4.02 million units. That’s the slowest March sales pace since 2009.
The Italian state still won’t make good on its promises to fund NATO.
Won’t make 2% NATO target. The American taxpayers in no way benefit from a military alliance with Italy. Time to leave NATO.
New president of Cleveland Federal Reserve will not be voting to cut rates
It’s a good start, but the Fed should never cut (or raise) rates at all. It should stop manipulating interest rates altogether. Anything else is just central planning.
The Making of the State
This article is taken from the keynote lecture at the Libertarian Scholars Conference, March 20, 2025, in Auburn, Alabama.
The Origin of the State
What needs to be asked is, How have things gone historically? What is the historical origin of the state?
From the Editor—March / April 2025
One of the most popular essays we’ve ever published at the Mises Institute is Murray Rothbard’s “Anatomy of the State.” It’s a great and succinct introduction to the institution that we now call “the state” and explains how the state is a unique type of governance built on coercion and war. Perhaps most importantly, Rothbard explains why the state is not synonymous with society, with the nation, or with any private or voluntary group of individuals.
No, Powell Is Not “Keeping Interest Rates High”
There really is no reasoning with Trump fanboys when it comes to the reality of his policies. They will spin anything and everything to portray Trump‘s blatant anti-freedom and anti-market policies as secret crypto-libertarianism. It’s all 1000-D chess, you see.
The Deserving End to the Post-War Order
After the tongue lashing President Zelensky received in the Oval Office by President Trump and JD Vance, European and American establishment leaders were infuriated to say the least. But the most surprising thing that came out of the meeting was the reaction of European leaders; they have decided to take action without the approval of the American president.
Whatever Happened to the Green New Deal?
Fresh off her 2018 upset New York Democratic congressional primary win, Alexandria Ocasio-Cortez (better known as AOC) and Massachusetts Sen. Edward Markey announced they were launching an ambitious legislative plan called the Green New Deal. While people who had a grounding in economic thought found this new initiative to be naïve at best and destructive at worst, nonetheless it has energized American progressives and other environmental true believers.
