Mises Wire

We eliminate the main problem that plagued "limited government": we are relying on the government — a monopoly agency — to police itself.

Murray Rothbard believed that the right to engage in voluntary exchange has long been understood as a natural right, not just a good, practical idea. Tariffs and other trade barriers violate that right.

When intellectuals and political elites call for equality, they usually mean creating social conditions that are make believe at best and harmful at worst. Their latest hustle is “equity,” which means the state should guarantee equal outcomes for everyone.

If a politician claims that he cares about the national debt, but then won't make big cuts to current federal spending, he's either a liar or a fool. 

In this edition of Friday Philosophy, Dr. David Gordon reviews Arnold Schelsky‘s The Hype Cycle and finds some worthy insights into things that modern culture has hyped, such as climate change.

As egg prices rise, the usual progressive suspects claim it is due to monopoly power by egg producers, calling for government intervention. However, the real reason is government intervention itself.

A past article, presenting a “libertarian” viewpoint of nuclear weapons, has two choices, but pointedly leaves out a third choice: nuclear disarmament. According to Murray Rothbard, disarmament is the only true moral choice and also the most practical.

Trump has even dubbed himself “a Tariff Man.” This is nothing new, however, his frequent claims regarding the US economy during the Gilded Age need scrutiny.

When politicians claim they are “creating jobs,” they usually mean hiring people for tax-funded government employment. Jobs in private enterprise, however, help to create real wealth and contribute to economic growth and higher living standards.

If we accept the Peronist views of the late pontiff, we obviously cannot support the marketplace. But fortunately, there is a better option available to us.