Mises Wire

In this week’s Friday Philosophy, Dr. David Gordon reviews Joseph Salerno’s Money, Sound and Unsound, and still finds it golden.

Government entities like the Postal Service operate in a world of market prices, so they are not fully socialist. However, they still are subject to the limitations of socialist calculation problems.

Despite the claims of the chartalists, early American monetary history tells a much different story than one falsely claiming state-issued fiat money undergirded the colonial economy. In fact, much of the historical evidence illustrates Menger’s monetary theory.

The existence of the arsenal makes the State of Israel ineligible for US aid under US law. This is a problem for the US regime which exploits Americans to send military aid to the State of Israel.

It's unknown what Trump thinks is the real reason for the current war with Iran, but stealing the oil is perhaps on the list, right after bombing the country "back to the stone ages." 

The original western values such as juridical equality, political freedom, natural rights, and religious tolerance are being co-opted into a system of “positive” rights that are socially and morally destructive.

By opposing justice and throwing aside the facts of hard science, the Duke faculty and administration damaged all of higher education during the infamous lacrosse hoax.

The process of naturalization is a government-created "right" with no basis in property rights. In other words, there is no libertarian case for birthright citizenship. 

Q: What impact did Mises University have on your career? A: It had a huge impact ... Seeing the scholarships and the opportunities that the Institute had for advancement in graduate work was encouraging to me.

For Rothbard – as for Locke – it is not the use of force that is disputable, but the use of force against peaceful and innocent people.