U.S. History

Now that our country is expected to be the foremost champion of the “free world” (for how long and at what cost nobody knows), it has b

What we must think about, if we deserve to be free, is that sooner or later, as a result of its very nature, either its socialism or its democracy will have to yield.

The private sector can't do this, which is precisely why all the stuff that makes life worth living is produced privately, and all that the government does is slow down the progress of civilization and bring destruction and disaster wherever it goes.

Once the war began, Lincoln conducted himself as a thoroughgoing dictator, and DiLorenzo gives a full account of the president's suppression of civil liberties.

Recorded at the Mises Circle in Seattle, September 12th, 2009. Includes an introduction by Douglas French. Sponsored by James M. Wolfe.

We may not even be fortunate enough to have any market readjustment at some time in the future. Instead, spurred on by people who have lost all sense of economic reality, the government may take complete control of the economy. Then, true enough, there will be no depression and unemployment in the accepted sense; but the alternative is not pleasant to contemplate.

What an irony it is that the capitalist entrepreneurs so despised by the Arts and Crafts Movement turned out to be its saviors.

Rothbard and a handful of Misesian economists were virtually alone in maintaining that Hoover's interventionist policies were mainly responsible for what we now know as the "Great Depression." 

"Roosevelt and his staff were becoming habitual bullies, pitting Americans against one another."

The pleaders for statism insist that while all-powerful government might be inherently bad under a despot or dictator, it can be a perfectly wholes