The Problem with Standing Armies
Ryan McMaken and Zachary Yost examine some reasons why early Americans hated the idea of a professional standing army.
Ryan McMaken and Zachary Yost examine some reasons why early Americans hated the idea of a professional standing army.
The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy.
During April 2022, year-over-year money supply growth was at 7.23 percent. That's down from March's rate of 7.41 percent and April 2021's rate of 36.8 percent.
Though Kuttner thinks the New Deal a great success, he himself lays out some of its many problems.
Progressives have long pushed for a state dominated by a new class of "scientific" experts who are supposedly nonpolitical and pursuing only "good government." It's a fantasy many people still believe.
Forget the notion that the Fed "fights inflation." In fact, the Fed exists to promote inflation.
Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.
Do technology and machine learning portend an end to scarcity and a solution to monetary policy? Jeff and Bob discuss.
The theory of real business cycles won a Nobel Prize, but it ultimately confuses cause with effect.
The Fair Tax is a supposed alternative to the income tax. But the name does not matter, since a tax is still a tax.
Tho Bishop introduces a new Mises Institute podcast with Ryan McMaken and Zachary Yost.
Inflation is at a forty-year high, fuel prices are wreaking havoc, and there's no end in sight. Time for Biden to tell us how good we have it.
Skyrocketing asset prices are great for hedge fund managers and Wall Street types, but they increasingly drive ordinary people into unsustainably large amounts of debt.
Since the state is incorrigible and incapable of being reformed, perhaps the best way to deal with government predations is to boycott the elections.
The Davos crowd sold globalization as a way to bring nations together. Unfortunately, by insisting on political conformity, the globalists have set the world on fire.
In seeking membership in NATO, Finland and Sweden seem to believe they will have more military security. But they also are giving up their precious independence.
Although Biden presented the formula shortage as caused by "forces" outside the USA, the shortage is homegrown. Bastiat could have explained why.
The proposed WHO Pandemic Treaty is nothing less than an exercise in medical totalitarianism. Welcome to the rule of the medical bureaucrat.
Airfares may surge 40 percent or more in 2022. This could be the biggest price increase in many decades.
Vladimir Putin (not unlike President George W. Bush) has led his country into a destructive war, yet the Russian political leadership enjoys wide public support.