Mises Wire

Matthew Yglesias has managed to turn militant anti-Chinese foreign policy into a call for big increases in government spending, and a lot more immigration.

Fascism is the system of government that cartelizes the private sector, centrally plans the economy, exalts the police state, denies fundamental liberties to individuals, and makes the executive state the unlimited master of society.

Manent insists that if political leaders don’t lead society, we will have a society that isn’t led by political leaders. So what?

Rothbard: "At the outset of every step forward on the road to a more plentiful existence is saving….Without saving and capital accumulation there could not be any striving toward nonmaterial ends."

While it is popular and accurate to blame our societal elites for being inept, the truth is that these leaders, both political and cultural, are reflections of us. 

With his Principles of Economics Carl Menger not only laid the foundation for the Austrian school itself but for its continuing development to this day.

"These days most people tend to equate freedom with the possession of inalienable individual rights, rights that demarcate a private sphere no government may infringe on. But has this always been the case?"

Just as central planners cannot know how individuals will value a product or service, so too are central planners unable to calculate or plan for the endless array of risk assessments made by potential victims of covid-19. 

The gravest crimes in the state's lexicon are almost invariably not invasions of private person or property, but dangers to the state itself: treason, desertion, insurrection, etc. The state does not exist to protect its citizens, but to protect itself.

We will never water down our message to satisfy censors or maintain a particular platform; instead we will work around them.