World History

All socialist states, including democratic ones, demand obedience and conformity in their economic and cultural diktats. And there is no kind and gentle way of snuffing out resistance.

Since the State thrives on what it expropriates, the general decline in production that it induces by its avarice foretells its own doom. Its source of income dries up. Thus, in pulling Society down it pulls itself down.

Perhaps no lesson from history better illustrates the dangers of credit expansion-fuelled business cycles than the story of the imaginary country of Poyais.

The deep state’s absorption of Donald Trump is just one more confirmation of what our ancestors and Eisenhower, Kennedy, and Truman were warning us against.

Recorded at Mises University 2018.

Recorded at Mises University 2018.

It was in Europe—and above all, America — that human beings first achieved per capita economic growth over a long period of time.

The markets are not a struggle between rich and poor, strong and weak. On the contrary, they help humans work together to benefit everyone. 

Perhaps no lesson from history better illustrates the dangers of credit expansion-fuelled business cycles than the story of the imaginary country of Poyais.

There is nowhere Marx is fuzzier or shakier than in the concept of historical materialism, the key to the inevitable dialectic of history.