Mises Wire

In a truly free market, there is no class conflict. In the presence of the state, however, things are different because various groups jockey with each other to gain the favor of state agents.

The rise of the grooming gangs in Great Britain and the refusal of Britain’s Labor government to intervene speaks volumes about the contempt that British political elites have for their laws and the people who must live under a regime of anarcho-tyranny.

If the Iranian regime were truly trying to sacrifice their entire country to commit a nation-level nuclear murder-suicide against Israel and the US, they would be acting very differently.

Jonathan Newman tackles the new “Federal Reserve Simulator” game in which players try to match wits against the Fed. As Newman found out, however, the same outcomes occur no matter what information one feeds the simulator. In short, it’s rigged.

Governments at all levels abuse their “privilege” of eminent domain, the taking of private property for government use. Murray Rothbard understood that government was not justified to seize property for such use in the first place.

Keynesians claimed that stagflation—rising price levels and increasing rates of unemployment—couldn’t happen. Then it happened time and again, something predicted and coherently explained by Austrian economists.

Whatever positive economic changes the Milei government might have made in Argentina, the country is still not attractive for new capital investment.

The current outburst of protests against President Trump’s enforcement of immigration laws is overshadowing a question that is not being asked: Can we defend having national borders in the first place?

Big business will develop naturally in a truly free marketplace. But government intervention and “too-big-to-fail” are also factors that cannot be ignored.

Before Murray Rothbard, there was Albert Jay Nock laying intellectual broadsides against the tyranny of the state. While Nock (unlike Rothbard) never called for total abolishment of the state, he did want as minimal a state as could be had.