MKULTRA and the CIA’s War on the Human Mind
Is the CIA a dastardly menace or a hotbed of horrible mistakes? If Stephen Kinzer’s new book is any indication, the answer is both.
Mises Wire
The EU’s Drive toward Political Centralization Will Doom Its Economy
Europe needs more than ever the principles that made it successful: decentralization, free trade, and sound markets.
Roosevelt’s Fraud at Yalta and the Mirage of the “Good War”
The fact that Yalta can now clearly be seen to have been a betrayal is another reason to be wary when pundits and talk show hosts jump on the bandwagon for the next killing spree abroad
Bankruptcies Rise Despite Trillions in New Liquidity
Liquidity only disguises risk; it does not resolve solvency issues driven by collapsing cash flows while costs remain elevated.
How Capitalists Improve Human Productivity
Capitalists, acting as intermediaries between present production and future consumption, are the key players in every capitalistic economy.
The Collapsing Universities—and What We Can Do about It
It is sad that the contemporary American university has sunk so low from the heights of medieval Oxford, Cambridge, Paris, and Salamanca. Fortunately, private alternatives are still available.
Human Diversity and Individual Instruction
One of the worst injustices committed by states is the prevention of parental teaching of their own children. Parental instruction conforms to the ideal arrangement. It is, after all, individualized instruction.
How Capitalists Serve the Public Interest
Many view "the rich" as people sitting on sacks of money doing nothing with it. The truth is capitalists use capital to produce goods and services which benefit the public.
Is Kamala Harris a 21st-Century Woodrow Wilson?
The original American progressive movement was split into two groups: the corporatists and the socialists. Woodrow Wilson was able to work with both. In Kamala Harris, he may have an heir.
Rothbard and Double Restitution
Economists who have written on punishment find Rothbard's “double restitution” idea puzzling, because they think about it only in terms of economic efficiency. But Rothbard's theory is based on a moral principle.
