While Ben Bernanke has accused free market and sound money advocates of pursuing “discredited” systems, he and his lieutenants were following a truly discredited way of thinking: socialism. The man who supposedly “saved the world” actually destabilized it.
This week, David Gordon draws insights from The Struggle for Liberty: A Libertarian History of Political Thought—a new Mises book that adapts Raico‘s lecture series into a footnoted, annotated volume.
Western elites repeatedly call for “reparations” payments to former Western colonies ostensibly to lift them from poverty. By turning these countries into large welfare recipients, these elites perpetuate the very poverty they claim to decry.
Lack of products that precisely match skin tones are often said to be evidence of “white privilege,” yet the market division of labor provides the basis for very specific goods and services.
It's been five years since the covid lockdowns of 2020. Ryan and Tho take a look at the lessons we learned about the regime, medical staff, and libertarians during one of history's biggest abuses of state power.
Britain‘s new populist party, Reform UK, has done well in the polls but is embarking on head-scratching proposals to deal with energy issues. Instead of pushing market reforms, RUK is proposing a mix of subsidies, taxes, and prohibition to respond to high energy prices.
An enduring myth among American historians is that President Hoover‘s response to the Depression was to let the free market work. This is totally false.
The first thing to say about laissez-faire liberalism is that it arose in Europe, specifically in Western Christendom. This story goes back many centuries. It goes back into the Middle Ages.
Marx failed to grasp that there are laws of human action that apply universally. His understanding of economics was far inferior to that of Nassau Senior, whom he derided as the quintessential “bourgeois” economist.
This collection of essays by experts in diverse fields applies libertarian philosophy and free-market economic theory to literature and media.
