Mises Wire

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Democratic socialists are always talking about what they will do in the future. That is because they would rather we forget what they did in the past.

The 1857 Dred Scott case remains one of the most controversial Supreme Court decision in US History. However, overlooked is the fact that it elevated federal sovereignty above sovereignty of the states.

Happy birthday, Ludwig von Mises! The greatest enemy of all socialists.

For all of his overt hostility toward the United States, George Soros certainly has a strong foothold in the Trump administration, as a number of his acolytes have key positions, including Secretary of the Treasury Scott Bessent.

Fed Chairman Kevin Warsh has raised the Fed’s discount rate—to the chagrin of President Trump—but it is doubtful Warsh’s actions will be effective against inflation.

Anarchy is associated with chaos and mayhem, yet it is the state itself that unleashes chaos and mayhem on innocent people. It is time to rethink anarchy and its comparison to state power.

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Polls tell us that large numbers of Americans want a Medicare for all healthcare system that is “free” to everyone, paid by tax dollars. What people don’t realize is that the system that would emerge would be much less responsive than what we have now.

Marx held that class conflict was the overriding issue of his day, and Marxists still hold to that viewpoint. Their assumptions about class, however, do not square with modern reality.