Mises Wire

Trump's posture reminds us of Madeleine Albright's famous complaint: "What's the point of having this superb military that you're always talking about if we can't use it?"

Liberty is not a luxury good. It is necessary for civilization to thrive and the end of liberty will also be the end of civilization. Karl Popper understood that as well as anyone who has lived.

Many of the same Democratic lawmakers now condemning the shooting of survivors of the alleged drug boat strike had no problem when presidents they liked greenlit even worse strikes. But that doesn’t excuse Trump’s awful escalation in the Caribbean.

By making paper money legal tender, the government shut the door on sound money. Repealing legal tender laws is the first step back to liberty.

Modern progressive political narratives depend heavily upon the misuse of words, changing their meaning in hopes that people will forget what they originally meant. Politics corrupts our very language itself.

The story of how the Pilgrims at Plymouth Rock abandoned the common labor system and embraced private ownership is well known. While at first it affected a small community, William Bradford’s decision in favor of private enterprise would have a wide ranging effect.

Although classical liberalism was imperfect, especially with its emphasis upon “limited” government, nonetheless, it provided at least a glimpse of a free society. We also should continue the heroes of classical liberalism.

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New York’s mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit New Yorkers soon enough, and they won’t like it.

The standing myth about AI is that it will put everyone out of work and leave the Marxian Reserve Army of Labor. The other fear is that it will bring about socialism. Neither is true.