Mises Wire

Mainstream economists want us to believe that money gains its value from state decrees. Yet, Austrian economists more than a century ago explained why money has value.

It has been 20 years since the Duke Lacrosse Case dominated the news media. It was a story in which false narratives of guilt pushed by corrupt police and prosecutors, radical members of Duke’s faculty, and the legacy media nearly railroaded three innocent men into prison.

Those who believe in the free and unhampered market economy should be especially skeptical of war and military action. War, after all, is the ultimate government program.

Just before launching a “regime change” war on Iran, Secretary of Defense Pete Hegseth had a video of him bench pressing 315 pounds ostensibly to impress onlookers and the public.

Part of Donald Trump’s military excursion into Venezuela was to make the country more attractive to US business investment. It hasn’t worked out that way and probably won’t in the future, either, due to the socialist regime there.

The problem with this new campaign in Iran is not merely that it will likely have bad near-term consequences, but that it represents the American government doubling down on the imperial project that is causing our accelerating national crisis.

The current war is a timely reminder that the US ruling elites regard the US taxpayers and ordinary Americans as little more than inconvenient afterthoughts in US foreign policy.

Politicians in the US and elsewhere appeal to envy as they demand destructive wealth taxes to be levied on billionaire business owners.

"Murray N. Rothbard is a scholar of unique, indeed monumental achievements: the founder of the first fully-integrated science of liberty."

Modern historians are all about protecting their politically-correct narratives at all costs, and especially the cost of historical truths.