Poverty Feasts on Anti-Poverty Sentiment
The more the state is involved in “eliminating” poverty, the more poverty we have in society. The free market is the best means of reducing poverty.
Mises Wire
Understanding Entrepreneurship Has Major Implications for Economic Analysis
By ignoring the entrepreneur, mainstream economists are also removing a vital part of economics theory. It is like designing a car and leaving out the engine.
Beyond Diaspora Politics
Empire creates the foundation for foreign meddling in domestic politics.
Time Preference: The Key Behind the Increase in the Long-Term Interest Rates
As the Federal Reserve desperately tries to force down interest rates of long-term US bonds, we should remember that the only way for those rates to effectively drop is for American savers to lower their time preferences.
The Revolution’s Paper Money Legacy
While the American Revolution led to the creation of the United States, it had one sorry legacy: the proliferation of paper money. That scourge still is with us.
From Predation to Mutation: When State Expansion Reaches the Anthropological Limit
As governments grow in size and power, some come to believe that this growth can go on indefinitely. But state power, too, has its limitations.
The Austrian Blueprint: A Practical Guide for the 50 States
As the federal government continues to metastasize, rolling back state power will have to begin with the state governments. Florida is providing some good examples.
September 11 Twenty-Five Years Later: Learning Nothing and Forgetting Nothing
When planes slammed into the World Trade Center Towers, the Pentagon, and in a Pennsylvania field on September 11, 2001, our world was changed for the worse. The lessons to be learned were never heeded, which led to permanent US decline.
It’s Not Miller Time
In this week’s Friday Philosophy, Dr. David Gordon looks at philosopher Richard Miller’s stunning retreat from Marxism, the philosophy he espoused for most of his career.
Foreign Policy Gnosticism: The Appeal to the Black Box of “Our Leaders Know More”
Ignorance is treated as a reason to trust the state rather than a reason to withhold judgment about its exercise of coercion. To assume that the state’s unknown information is correct and justifying is therefore to err on the side of violence.
