Soft Despotism and Sacred Liberty: Raico, Tocqueville, and the Liberal Tradition
One cannot preserve a free society merely through legal reforms or economic deregulation. One must cultivate citizens capable of living freely.
Mises Wire
Do Central Bank Interest Rate Cuts Strengthen the Economy?
According to Keynesian “economics,” central bank interest rate cuts will make the economy stronger—unless the economy is in a “liquidity trap.” The truth is that these kinds of monetary tricks actually weaken the economy.
Does the Fed Shave with Occam’s Razor?
The principle of Occam‘s Razor states that we should avoid superfluous activity. When it comes to our monetary system, however, the Federal Reserve System doesn't simplify things, but instead complicates the economy. That alone is reason for it to be abolished.
The Money Supply Keeps Growing as the Fed Backs Off Monetary “Tightening”
In February, the money-supply growth rate accelerated and continued near a two-year high. Meanwhile, the Fed is chickening out in its efforts to shrink the Fed‘s balance sheet.
The Case Against the F-35
People like to believe that national defense is outside of economic analysis, but the reality is that laws of economics are immutable and universal. A case in point is the development of the F-35 Lightning II fighter jet.
Elon’s DOGE Is OK, But Mises Is Way Better
With many in the ruling classes violently reacting to DOGE, one figures that Elon Musk might be on the right path. He could learn much more about the dead hand of government if he were to read Ludwig von Mises.
The Overpopulation Fallacy: Why More People Means More Knowledge and Prosperity
From Paul Ehrlich to Bill Gates, prominent Americans have forecast doom through “overpopulation.” Although the Great Population Disaster has never occurred, that does not discourage the usual suspects from crying wolf.
A Foundation for Libertarian Ethics
Within a libertarian society, people are free to act as long as they follow a principle of non-aggression. But can a libertarian society adopt an idea of the common good? In his Friday Philosophy, David Gordon tackles that question.
A Review of Some GDP Problems
Far from being a true measure of economic health, GDP is a misleading economic statistic that implies consumer and government spending grow the economy. When government spends, GDP increases.
A Brief History of Immigration Policy in America
The federal government didn't take charge of immigration policy until the 1880s. In the early republic, almost everyone agreed that immigration policy was a matter for the states.
