Power & Market

Listen to the Audio Mises

Never have we seen a central bank successfully reverse course, whether it’s interest rates, balance sheet, or asset purchases including bonds and stocks.

There is severe confusion about the meaning of economic growth. Many seem to mistakenly think that it has to do with GDP or producing stuff.

Almost as long as I can remember, I have been a fan of science fiction.

At the Libertarian Scholars Conference in 2018, our associated scholar Jo Ann Cavallo (Columbia University) presented new research on the literary

Contrary to the myth, the tax resisters actually won in their fight against the feds, and for decades afterward, except during the War of 1812, the federal government never again dared to impose an internal excise tax.

The American revolutionaries created a decentralized, locally controlled polity for a reason. Abolishing federalism to achieve short-term political ends is a reckless way to go.

Shelton’s nomination is best seen as a litmus test for Republican senators. Are they interested in ideological diversity within American institutions, or willing to stand with the academic gatekeepers that have given us the Leviathan we have today? 

"Sortition" is the process by which lawmakers are selected by lot rather than through popularity contests known as "elections." There's really no reason to think sortition would be any worse than the status quo.

Ludwig von Mises was called several names and epithets in his life, by his admirers and enemies alike, but a little-known one is the "sunny pessimist."