Mises Wire

Economics Professor Josh Hendrickson breaks down a little-known document from Trump’s incoming economic adviser, revealing their strategic theory behind tariffs.

As the Trump administration cuts thousands of federal jobs, it‘s good to remember that the public sector‘s “services” provide no actual net value to the “national product.”

Robert Paul Wolff, who recently died, understood that the state is incompatible with individual rights. While he faltered in his views on economics, he helped lay the groundwork for a reasoned and coherent opposition to state-sponsored power.

For all of the political and social turmoil in this country and elsewhere, the technological revolution marches on. While many pundits tell us we should fear these technological advances, the net result of them is positive, as new and improved technology advances capital development.

John Quincy Adams famously warned against the US going abroad in search of “monsters to destroy,” but while claiming to destroy monsters, the regime also creates and nourishes them.

Ryan and Zachary Yost try to figure out if there is any consistent philosophy that guides Donald Trump's foreign policy. 

If federal funds are cut off from the Kennedy Center, I guess America will have to go back to that dark age of American culture that existed before the Center opened in 1971.

Lincoln was a crony capitalist on economic policy, advocating protectionist tariffs, corporate welfare for railroad corporations, and a government-run central bank to pay for it all.

Libertarian philosophy is based upon the non-aggression principle, but a libertarian society also needs institutions to help carry out those principles, especially for those that are victims of aggression by others.

Help us publish these two books: Freedom in One Lesson: The Best of Leonard Read and The Struggle for Liberty: A Libertarian History of Political Thought. Every donor of $500 or more will be listed in both books as a Patron.