Or rather, in the case of Somalia, we never stopped – and we just keep doing it! As the Biden administration orders U.S. troops to back to Somalia in significant numbers, several things are worth noting in opposition to yet another military response to a faraway crisis of small stakes and absolutely no consequence to Americans. First, U.S.
It has become a familiar sight over the past decade and a half: a supposedly venerable member of the financial elite tells us with utmost calm that what we think we are seeing isn’t really all that bad. The Fed already knows all about it and has already taken all necessary steps. Further, they are monitoring the situation closely and are ready to
With Sri Lanka’s short-lived green revolution of 2021 having quickly devolved into a real revolution just one year later, complete with the ouster of former president Gotabaya Rajapaksa’s incompetent and authoritarian government this past week, now is a good time to hammer home not only why the effort failed, but why so-called ESG (environmental,
With Republicans and Democrats in Congress having openly expressed their united opposition to the Biden administration reentering the nuclear agreement with Iran (the JCPOA), it should come as no surprise that negotiations have gone nowhere. The reason? Beneath all the bluster about nefarious Iranian activities in the Middle East and the back
Attempting to understand the political polarization and dysfunction that has increasingly come to define American politics in the twenty-first century requires grappling with a host of interconnected phenomena. The gradual transformations undergone by the Republican and Democratic parties, which saw the steady elimination of liberal Republicans
With both Democrats and Republicans predictably falling over each other to increase US defense spending , what serious commentary and debate exists primarily focuses on how best to effectively allocate the additional billions of taxpayer dollars to be dumped into the black hole of the Pentagon. One analyst, at Reason , dared to suggest that
In a piece of news that shocked the mainstream media, but which shocked no one familiar with the academic industry writ large, retired US Army general John Allen was forced to resign as president of the Brookings Institution after it was revealed the FBI was investigating him for lobbying on behalf of the Qatari monarchy. Of course, the real
Rather than working diplomatically to resolve the civil war in Ukraine that it played a principal role in precipitating (by backing the unconstitutional transfer of power in that country in 2014), the Biden administration spent the months leading up to the Russian invasion in February assiduously working to make sure “extreme” economic sanctions
When in March the Federal Reserve finally moved to belatedly embark on a series of rate hikes to slow the hottest inflation in the United States since the 1980s, it signaled impending trouble for many emerging market economies. Often unable to market securities denominated in their own unstable currencies to international investors, many emerging
Stocks reacted positively to the jobs report released Friday morning before selling off sharply that afternoon on geopolitical fears. The report, which showed non-farm payrolls increased by 315,000 for the month of August, was largely in line with the expectations of market watchers, with major surveys held in the run-up to the release of the
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.