Mises Wire

While Democratic Socialism is the darling of the political left, all forms of socialism have come from the brutal model first imposed upon Russia in 1917.

In this week‘s Friday Philosophy, Dr. David Gordon takes us through the high points of Robert Nozick by Ralf M. Bader, who writes favorably about Anarchy, State, and Utopia. In fact, Dr. Gordon believes Bader has made important contributions to libertarian thought.

The MMT crowd now claims that the monetary history of the US is an example of chartalism. US history is actually an example of the opposite.

Homeschooled children are educated more effectively than public school students and at a fraction of the cost of public education. Naturally, the government wants to destroy it, with Illinois currently leading the anti-homeschooling mob.

Isn’t it funny how, with the possible exception of Vietnam, all of America’s wars have been justified and have been right and good? What are the odds?

Following World War II, Congress imposed mandates on the Federal Reserve in the areas of employment, inflation, and interest rates. Not surprisingly, the Fed has failed in all three areas. It is time to recognize failure and abolish the Fed altogether.

With the recent collapse of air traffic control systems at Newark International Airport, air safety again is in the news. The problem is that the US ATC system is run on socialist principles. To fix this problem, turn to private enterprise.

While Trump has not yet turned to price controls to address America‘s absurdly high drug prices, Monday‘s executive order suggests that he soon may.

Progressive supporters of USAID claim that the agency does vital work overseas to provide medical care and other necessities for the poorest of the poor. Yet, a careful look at its record reveals that USAID often is a hindrance to the very people it claims to help.

Despite arguments from President Trump and his supporters, there is no such thing as an “optimal” tariff. If anything, Americans have the upper hand in trade because they can run large trade deficits due to the status of the US dollar as the world‘s reserve currency.