Today, wars rage in the Ukraine and Middle East. What attitude should libertarians adopt toward these wars? Is it consistent with libertarian principles to support whatever side you think has the better case? Can you urge that side to go all-out for victory? Murray Rothbard, the greatest of all libertarian theorists, did not think so. And this is true even if you have assessed the conflict correctly. Let’s look at what he says in his great book The Ethics of Liberty.
After running the third-largest budget deficit in US history in fiscal 2023, the Biden administration kicked off fiscal 2024 with another big budget shortfall.
Last week, Senator Joe Manchin (D-WV) announced he would not seek reelection in 2024. In a Wall Street Journal op-ed, Manchin explained his reasons for leaving. He starts with a relatively noncontroversial assessment of the problems facing America—rising costs, dangerous drugs crossing the border, a large national debt, unsafe communities, and foreign wars that threaten to pull the United States in.
In March, at the National People’s Congress, Beijing set its annual gross domestic product (GDP) growth target. Since 1985, in every year but one, China has met or exceeded its official projections, raising doubts about whether or not Beijing’s claims of rapid growth can be believed.
On the occasion of the 7th Annual Madrid Conference on Austrian Economics a festschrift collection of essays was presented in honor of Dr. Jesús Huerta de Soto. He first read Human Action as a teen in the 70s. He has proven to be a successful businessman, as he has been at the helm of one of the most important insurance companies in Europe. He is a deeply devout Catholic, happily married to Sonsoles Huarte, and has six children. At age 66, he is perhaps the most interesting and influential living member of the Austrian school of economics.
