Mises Wire

DOGE has failed in its stated mission. Trump is no fiscal hawk. The Republican leadership in Congress—with Trump’s encouragement—will keep spending at record-breaking levels.

Having warned of the rise of national socialism and having fled the German army‘s march into Austria, Ludwig von Mises was in an excellent position to analyze Nazi economic doctrine.

From seminary classrooms to Supreme Courts, a network redefined justice, democracy, and freedom in the name of social control. Many goals of the Foro de São Paulo, launched in 1990 by Luiz Inácio Lula da Silva and Fidel Castro, sadly, are being realized.

The disheartening and frustrating fact is that Russia is in a much stronger negotiating position now than they were earlier in the war, when Western officials convinced Ukraine to walk away from peace talks and fight.

Following World War II, President Truman helped produce the modern national security state by creating the Central Intelligence Agency. Only later did Truman regret what he did, as the CIA turned into a monster that could never be tamed.

The classical liberals—especially those of the more radical variety such as Molinari, Bastiat, etc.—saw the state as a far greater threat to freedom than any other organization.

How do we define liberty? Hayek saw it as the absence of most (but not all) coercion, but that depends upon how one defines “coercion.” Murray Rothbard believed that Hayek was too willing to accept forms of coercion that were anti-freedom.

Mainstream economists claim that they can use econometric models to emulate human action and, thus, create an economic laboratory. These models, however, cannot tell us about cause-and-effect, which is vital to understanding praxeology and economic behavior.

A well-known type of “private coercion” is the vague but ominous-sounding “economic power.” A favorite illustration of the wielding of such “power” is the case of a worker fired from his job.

Long a constitutional monarchy with ties to Great Britain, many in Jamaica are looking to end the old relationship and become a republic. But is this movement simply a reaction to anti-colonialism, and what kind of constitution would the new republic create? So far, no answers.