My title seems odd. How could Murray Rothbard comment on the Ukraine War, when he died in 1995? Of course, he can’t comment on current events. But the principles this great thinker wrote about tell us what he would say about today’s American foreign policy. He would tell us to stop sending money and arms to the Ukraine and to end all sanctions
The weaponization of money is the issue of our time. The politicization of the dollar doesn’t only make us poorer; it empowers the evilest actors in society and undermines the most important foundations of civilization. As Dr. Ron Paul has noted, “It is no coincidence that the century of total war coincided with the century of central banking.”
The Bretton Woods plan for monetary reconstruction did not go as far as Keynes would have liked. He proposed a full-scale world central bank and a single paper currency for all nations, which he wanted to be called the “bancor,” so there could be no escaping inflation. That plan is still awaiting implementation. As it was, the Bretton Woods
The modern institution of the presidency is the primary political evil Americans face, and the cause of nearly all our woes. It squanders the national wealth and starts unjust wars against foreign peoples that have never done us any harm. It wrecks our families, tramples on our rights, invades our communities, and spies on our bank accounts. It
The tinpot dictator Justin Trudeau thought he could extend his regime of covid tyranny, but a massive number of Canadian truckers have defied him. They have a good chance of forcing him to back down and maybe toppling his government as well. Aden Tate tells us what happened: It was on January 15 that the Canadian government decided they needed to
Events in Ukraine are happening very fast, and if I tried to predict what will happen there, my prediction would soon be overtaken by events. But one thing is certain. We need to understand the background of the crisis, and we also need to remember the basic principles that should guide American policy. To understand the background, the best guide
Forty years ago, I was worried. I was working at a free-market think tank at a major university, and I could see that Austrian economics was becoming less and less influential. Who would speak for untrammeled freedom and capitalism? Sound money and no central banking? Would economics entirely betray its great advocates of liberty from Menger to
As you would expect from brain-dead Biden and the people controlling him, American policy has been moving in the wrong direction. Whatever you think about the situation in the Ukraine, one thing is obvious. It’s a crisis. Shouldn’t we try to stay out of danger? Instead, the US has led the way in imposing drastic economic sanctions on Russia,
Few people today ask the most important question about the conflict between Russia and Ukraine. Many people want America to stay out of the fight, but even they don’t ask the vital question. Why does the world face a crisis today? Why has a border dispute between Russia and Ukraine escalated to the point where people fear nuclear war? The answer
Events in Ukraine are happening very fast, and if I tried to predict what will happen there, my prediction would soon be overtaken by events. But one thing is certain. We need to understand the background of the crisis, and we also need to remember the basic principles that should guide American policy. To understand the background, the best guide
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.