Austrian Economics and the Financial Markets: The Mises Circle in Manhattan
The Inflationary Path to Despotism: The Mises Circle in Phoenix
The American State and the Postal Service’s Arsenal
The political scientist and sociologist Max Weber defined the state as any “human community that (successfully) claims the monopoly of the legitimate use of physical force within a given territory.” There are variations on this definition, with historian of the state Charles Tilly preferring the word “coercion” to “legitimate use of physical force.”