Mises Wire

For all of the demands for reparations for blacks, the schemes so far have been unworkable and would not address the real wealth gaps between black and white Americans.

Perhaps the most insidious power seized by the state is the power of dominion over all lands in its territory. There is no escaping state dominion.

Even hawkish foreign policy scholars admit that changing the US security setup in Greenland is unnecessary. Its supply of raw materials is also nothing special. There isn’t even a ton of money to be made for crony companies. This is purely about Trump’s ego, and it will cost taxpayers a lot.

Were Greenland to adopt an open border policy, Greenland would quickly become a flash point for an international crisis, and would reveal how immigration is often a tool of geopolitics.

Murray Rothbard recounts how during the French and Indian War (1754–63), Americans continued the great tradi­tion of trading with the enemy.

Hyperinflation has been a scourge throughout history. Professor Mark Thornton has found even more episodes of hyperinflation that have happened over the past several centuries.

In the so-called world of strategic alliances, things often are not what they seem to be. It is that way with the Islamic State or ISIS, which supposedly is a deadly enemy of Israel. However, Israel has a symbiotic relationship with Jihadist groups that we cannot ignore.

The term “States’ Rights” is interpreted in many ways, but it refers to the separation of powers between states and the federal government. It is seen as one tool used to limit the powers of the central state.

Although some scholars have labeled the early Ming Dynasty as a proto-liberal state, they are mistaken. The Ming governance at that time was weak, not limited by law and ideology.

Economists consider probability to be central to economic analysis, but, as Ludwig von Mises wrote, economic action involves unique and purposeful events, not random ones.