Perhaps one of the more interesting aspects of the Trump administration has been the way that the CIA and the American intelligence establishment has come under public scrutiny in a way not seen for decades. Due to Wikileaks and other whistleblowers such as Edward Snowden, the activities of these intelligence agencies have increasingly come to
Last week, founder and CEO of Amazon.com Jeff Bezos surpassed Warren Buffet to become the second richest man in the world. His net worth is now estimated to be $75.6 billion dollars. If Amazon continues its upward trend, it won’t be long before Bezos surpasses the software giant as the wealthiest man on the planet. Any time a person makes
By now, most of us have finished our binge-watch of Netflix’s latest Marvel series Iron First. Billionaire Danny Rand gets stranded in the Himalayas at the age of ten after a plane crash and is raised by warrior monks who turn him into a superhero sworn to fight against the evil Hand organization. I am a mega-geek when it comes to anything Marvel,
In 1966, Milton Friedman wrote an op-ed for Newsweek entitled “ Minimum Wage Rates .” In it, he argued “that the minimum-wage law is the most anti-Negro law on our statute books.” He was, of course, referring to the then-present era, after the far more explicitly racist laws from the slavery and segregation eras of United States history had
In the 1950s, Corsican gangsters such as Lucky Luciano created a mafia empire by smuggling morphine base from Turkey to Sicily, where it was refined into heroin, then shipped to France and finally to the United States. This was the infamous “French Connection” that supplied the bulk of the heroin supply that the United States received through the
The Trump administration is continuing to raise eyebrows with its not-so-new approaches to longstanding problems. The most recent is the plan to “solve” the opioid epidemic by, among other things, introducing the death penalty in certain cases for drug dealers. While the death penalty may seem like a new tactic, it’s essentially just a
In 1828, Congress passed a tariff that raised duties on various imports to such extremes that it become pejoratively known as the Tariff of Abominations. In protest of these high duties, Vice-President John C. Calhoun secretly wrote The South Carolina Exposition and Protest , denouncing the “unconstitutional, oppressive, and unjust” bill. The
In 1215, in the Borough of Runnymede, a group of English nobles met with King John. During the meeting, they pressured the monarch into surrendering some of his autocratic powers. Among the kingly prerogatives that King John relinquished was the authority to confiscate property and detain nobles without cause. King John signed the famous Magna
Being on a lifeboat does not sound like a pleasant experience. You’re hungry, baking under a hot sun, surrounded by sharks and endless miles of ocean, and the extent of your living space is maybe ten square feet. Being stuck on a lifeboat is not an ideal way to enjoy the ocean. So given that being stuck on a lifeboat sucks so much, wouldn’t it be
The Progressive Era Murray N. Rothbard Edited by Patrick Newman Auburn, AL: Mises Institute, 2017, 600 pp. I have heard people say that Murray Rothbard has been more productive after his death than many academics during their lives. His newest posthumously published book The Progressive Era certainly adds weight to this claim. Edited by Patrick
What is the Mises Institute?
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.