Mises Wire

As governments grow in size and power, some come to believe that this growth can go on indefinitely. But state power, too, has its limitations.

As the federal government continues to metastasize, rolling back state power will have to begin with the state governments. Florida is providing some good examples.

When planes slammed into the World Trade Center Towers, the Pentagon, and in a Pennsylvania field on September 11, 2001, our world was changed for the worse. The lessons to be learned were never heeded, which led to permanent US decline.

In this week’s Friday Philosophy, Dr. David Gordon looks at philosopher Richard Miller’s stunning retreat from Marxism, the philosophy he espoused for most of his career.

Ignorance is treated as a reason to trust the state rather than a reason to withhold judgment about its exercise of coercion. To assume that the state’s unknown information is correct and justifying is therefore to err on the side of violence.

What followed 9/11 was 25 years of systematic destruction of American liberties, and the final destruction of the Bill of Rights, all in the name of "safety" and "patriotism."

All this helps explain why yields on long-term bonds are now rising to some of the highest levels we've seen in nearly two decades.  

As the Iran war and other events challenge US hegemony around the world, reality is forcing Americans to rethink what they once took for granted.

Rainer Zitelmann, the erstwhile defender of capitalism, takes his defense out of this world as he examines capitalism and space travel. Lipton Matthews, in this review of New Space Capitalism, gives it a thumbs up.

The drama continues in college sports—not on the field, but in the courtrooms—thanks to judges applying antitrust law that does not permit the NCAA to be able to enforce its own rules.