A Principled View of States’ Rights
The term “States’ Rights” is interpreted in many ways, but it refers to the separation of powers between states and the federal government. It is seen as one tool used to limit the powers of the central state.
Mises Wire
Weak States, Not Limited States: Early Ming Governance and the Illusion of Proto-Liberalism
Although some scholars have labeled the early Ming Dynasty as a proto-liberal state, they are mistaken. The Ming governance at that time was weak, not limited by law and ideology.
What Is the Role of Probability in Economics?
Economists consider probability to be central to economic analysis, but, as Ludwig von Mises wrote, economic action involves unique and purposeful events, not random ones.
Inflation: A Dirty Word for “Accommodation”
Inflation is a government tool used to confiscate wealth from ordinary citizens and transfer it to government agents and others who are politically connected. That most Americans believe inflation is caused by greedy business owners shows how successfully the government covers its tracks.
The British North American Colonies Were Not Homogeneous Political Units
The original 13 British colonies that made up the early United States had very different populations with decidedly different political and social outlooks.
Reading Against the State: A Libertarian Guide to Critical Discourse Analysis
Every lover of liberty should have a good reading list that promotes freedom. At the same time, one should develop the discerning eye to recognize statist language and to reject it.
The Goldberg Variations
In this week’s Friday Philosophy, Dr. David Gordon reviews Bruce Goldberg's Why Schools Fail and finds much to like. Not surprisingly, elite progressive “experts” have ruined education just as they have ruined just about everything else.
The Bureaucratization of Science Is a Feature, Not a Bug
As Murray Rothbard warned decades ago, government-sponsored science is simply an extension of the bureaucracy used by the regime to force its policies on others. This is not an accident or anomaly; it is how government works.
Keynes’s Intellectual Dishonesty and Chartalism
A. Mitchell Innes—a chartalist pioneer—wrote a pamphlet “What Is Money?” (1913) which found a credulous and ideologically sympathetic audience in J. M. Keynes.
The United States v. Jerome Powell
On this episode of Power and Market, Ryan, Connor, and Tho discuss the reported probe into Fed Chair Jerome Powell. Is this actual accountability for malfeasance, or a petty battle of DC egos? At the end of the day, does the difference matter? And should Powell be encouraged that central banks around the world are standing in solidarity with him? The panel dives into these questions and more.
