Mises Wire

For all of the media ballyhoo about the CHIPS Act, it really is a page out of the old five-year plans from the Soviet Union. The CHIPS Act will have the same success as befell the Soviets.

"If you hate war, oppose the Fed. If you hate violations of your liberties, oppose the Fed. If you want to secure freedom for yourself and your descendants, abolish the Fed."
 

While F.A. Hayek saw human ignorance as the basis for what he called spontaneous order, Ludwig von Mises saw human reason as the basis for praxeology.

Even as the Federal Reserve continues to manipulate interest rates to “fight” the results of the business cycle, Austrian economics teaches that business cycles occur because of the manipulation. They never learn.

Academic elites claim that there is no objective truth, only social constructs. Thus, people can create their own reality in many areas, and everyone else is expected to accept whatever “reality” is presented—or face serious consequences.

If you hail deficit spending, you are embracing impoverishment. If you defend this kind of deficit spending, you are actively supporting stagnation.

On this episode of Radio Rothbard, Ryan and Tho discuss the first presidential debate.

Kyle Anzalone from AntiWar.com joins Bob to discuss the timeline of Wikileaks and why the US government disliked Julian Assange.

The executive power in the United States is no longer a coequal power; it is the dominant power in the land, as Empire requires.

It could very well be the case that the best chance Democrats have remains rallying behind Biden, the candidate that almost all of them now admit is not mentally fit to be in office.