Why Decentralized Militias Matter
Abe Lincoln once mocked the militias, but America's decentralized militia system has played a key role in military conflicts, including the Civil War.
Mises Wire
The King Hath a Heavy Reckoning to Make
The Bard had a deep appreciation of political theatre, and even when his works seem to praise kings and wars, they’re often subtly condemning them.
Southern Secession Was One Thing — and the War to Prevent It Was Another
Southern secession was indeed motivated by slavery. But the war the North waged in response was not motivated by abolitionism.
Are Central Banks Nationalising the Economy?
Massive monetization of debt is just a way of perpetuating and strengthening the crowding-out effect of the public sector over the private sector.
Domestic Politics Is Dictating Our Foreign Policy
The more Trump becomes isolated politically, the more he's likely to try and shore up his base by pandering to the Pentagon and its friends.
Gun Control Laws Have Failed Latin America
High-crime countries like Brazil and Venezuela employ draconian gun-control laws. Law-abiding citizens are thus often left defenseless.
Why Was Ancient China so Good at War, and so Bad at Commerce?
By providing rewards for bureaucrats and punishments for merchants, many rulers destroyed interest in entrepreneurship and innovation outside the state.
Ron Paul Institute Statement on Trump’s Afghanistan Speech
Daniel McAdams, Executive Director of the Ron Paul Institute for Peace and Prosperity, released this statement regarding President Trump's speech.
Austrian Monetary Theory vs. Federal Reserve Inflation Targeting
When a central bank sets a two-percent price inflation target as a guide for monetary policy, it is targeting an arbitrary construction of economic statisticians.
Ron Paul Reacts to Trump’s Afghanistan Speech
On Twitter, Ron Paul reacted to President Donald Trump's speech last night calling for increasing US presence in Afghanistan.
