The Empire Has No Clothes

Tags: Big Government, Economic Policy, Politics, U.S. Economy

11/04/2026 Mark Thornton

Increasingly, Americans and people around the world see the American government as a bankrupt, despotic empire headed in the wrong direction. The recent elections will change nothing.

Original article: https://mises.org/mises-wire/empire-has-no-clothes

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.