Political Theory

Recorded at the Mises Circle in Houston, Texas, on 30 January 2016.

Ludwig von Mises understood that, when it comes to the movement of capital and labor across the borders of nation-states, only the ideology of freedom and free markets can lead to peaceful and fruitful collaboration between states and societies.

The global economy continues to wrestle with deflation, with

For some people, there's nothing that can’t be improved by a big dose of government regulation. Now, even the virtual economies of video games are being targeted as the next frontier in labor laws, price controls, and more.

Populism was in the air this week as ranchers in the Western US opposed the spread of federally-owned lands, and reformers in Switzerland look to a referendum on fractional reserve banking.

Politicians can often be found saying that it would be bad to end a government program because it would unfairly punish those who benefit from the program. But what about those who are punished and disadvantaged by the unjust program in the first place?

Here we go again. Now advocates of more government control over the economy want to redefine populism as Trumpism.

Political Correctness is best understood as propaganda. But unlike propaganda, which is particular campaign or effort, PC is all-encompassing. It seeks to mold us into modern versions of Marx’s un-alienated society man, freed of all his bourgeois pretensions and humdrum social conventions.

As an exciting year comes to a close, we want to thank all of our incredible members that allow us to do the work we do in advancing Austrian economics, freedom, and peace.

In December 1914, is an event the official histories of the “Great War” ignore, British and German Soldiers came out of their trenches and celebrated Christmas together. One soldier later observed, "Never ... was I so keenly aware of the insanity of war.”