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In the Gulag, political prisoners were systematically terrorized by ordinary criminals with the encouragement of the authorities. It was hoped this would help the regime liquidate the state's ideological enemies.
U.S. HistoryWorld History
In a free society, political crimes like treason and "seditious libel" are few and far between. Under despotic regimes, on the other hand, political crimes multiply.
Booms and BustsU.S. EconomyU.S. HistoryWorld History
If the twentieth century was the American century, the twenty-first is turning into the American bankruptcy century.
EuropeInflationMonetary PolicyU.S. EconomyU.S. HistoryWar and Foreign PolicyWorld History
Since the end of World War II, the US dollar has been the world's reserve currency. That status may well change because US monetary authorities insist on inflating the dollar into oblivion.
PoliticsThe Police StateWorld HistoryPolitical Theory
When Mises wrote that the fascists had "saved European civilization," he could have been describing Francisco Franco of Spain, who kept Spain from becoming a communist dictatorship.
Economic PolicyThe FedMonetary PolicyU.S. HistoryWorld History
While the government promotes CBDCs as tools for "inclusion," it is more likely that they will be another vehicle for federal intrusion.
Big GovernmentU.S. HistoryWorld History
For the past fifty years, the US has not had a military draft. Unfortunately, the end of conscription did not mean US military interventions abroad ended.
Bureaucracy and RegulationCapitalismEuropeWorld HistoryPhilosophy and MethodologyPolitical Theory
Although most of Europe has long forgotten Misesian thinking, Prince Michael of Liechtenstein is an exception.
The EnvironmentProgressivismSocialismWorld History
Progressives have distinguished themselves in the past half century by being against progress. That trend is unlikely to change.
Economic PolicyThe FedWar and Foreign PolicyWorld History
The recent actions of the Federal Reserve are reminiscent of central bank activities in wartime.