Mises Wire

Austrian ideas are often at the cutting edge of new research exploring how entrepreneurs and innovators transform the world.

After years of regime changes and destabilization in the Middle East, the war party in Washington has succeeded in making the world a more dangerous place. But DC is so caught up in its myths and lies that it can’t see the obvious.

"Human rights" mean nothing to global elites when geopolitical advantages can be gained from joining forces with brutal regimes. Just as the West has embraced brutal dictators in Saudi Arabia and China, while ignoring the histories of the its Turkish and European Allies, the West may some day choose to do the same with ISIS.

It’s not a coincidence that wherever war and socialism are implemented, the results tend to be the same.

While I’m reluctant to attribute movements in stock prices to specific events, this article say

The political response to last Friday’s tragic terrorist attack in Paris has been woefully predictable.

With every passing year, as memories of the Vietnam War fade from our nation's historical consciousness, the calls for America to reassert itself in the world arena grow more insistent.

When it comes to immunity from punishment for crimes, and free stuff coerced from others, there’s no better deal than being a government agent or elected official. So-called “white privilege” is nothing compared to the privileges enjoyed by the state.

It's important to note that when state intelligence and security agencies fail spectacularly, their budgets and personnel increase. Nobody gets fired, nobody apologizes. On the contrary: military, security, and intelligence  bureaucrats use events like terror attacks to demand more money, more power, and an expanded mission. This represents the very antithesis of how markets should operate, where failures are swiftly punished and non-performing actors are sent into bankruptcy. Is there something magical about state-provided security apparatus that forces us to accept this? 

The solution is to reject the militarists and isolationists. It is to finally reject the policy of using “regime change” to further perceived US and western foreign policy goals, whether in Iraq, Libya, Syria, or elsewhere. It is to reject the foolish idea that we can ship hundreds of millions of dollars worth of weapons to “moderates” in the Middle East and expect none of them to fall into the hands of radicals.