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Mises.org.br Mises often said that ideas are more powerful than armies. In the midst of war — and all governments are, to some extent, at war with their own people — it can take a leap of faith to agree. But if you step back and look at the progress that the ideas of liberty are making, it is easy to believe that what Mises said was exactly right.

Let’s be clear about something. A person who decides to give up his US citizenship is not guilty of disloyalty to America; quite the opposite. He could very well be more loyal to American principles than the regime is willing to tolerate. It also does not mean that he is giving up hope for liberty; he may have great hope for liberty, in a

It was 21 years ago that the Exxon Valdez leaked oil and unleashed torrents of environmental hysteria. Rothbard got it right in his piece “Why Not Feel Sorry for Exxon?” After the British Petroleum–hired oil rig exploded last week, the environmentalists went nuts yet again, using the occasion to flail a private corporation and wail about the

[This talk was given on June 7, 2010, at the Mises Institute’s Rothbard Graduate Seminar .] Tributes to Murray N. Rothbard are often taken up with a listing his accomplishments. This is because he was so astonishingly prolific that there seem to be many scholars with that name. As soon as you describe him as an economist, you recall that he wrote

“The Austrians were right” is a phrase we hear often now, and for good reason. The housing bubble and bust were called by the Austrians and, essentially, no one else. The Austrians were right about the dot com bubble and bust. The Austrians were right about the 1970s stagflation and the explosion in the price of gold after the gold window was

This is the tale of two economists who lived parallel lives, and then pursued two different and contrary goals. One was devoted to liberty and one was devoted to the state. The first remained a teacher during his entire life, never in any prestigious institution and never exercising any power. Indeed, he used his post teaching against the exercise

In many ways, the unemployment numbers are much worse than they appear. One factor has been the timing of the US census. The bureau hired some 700,000 workers to collect data — people who otherwise were having a very difficult time navigating the choppy labor markets. They went for the jobs because they were a sure thing, paid decently, and didn’t

Maybe you saw the headlines blasting the rich (again!) for failing to spend money in order to enable us to get out of this ever-lasting recession. It turns out that in boom times, the rich spent $145 per day. Now they are only spending $119. So, there we go: a new scapegoat! Those greedy rich people are failing to do their duty. The press reports

You surely didn’t think that the governing elites would let this economic crisis pass without pushing some cockamamie scheme for control. Well, here is the cloud no bigger than a man’s hand, a revival of a 60-year-old idea of a global paper currency to fix what ails us. The IMF study that calls for this is by Reza Moghadam of the Strategy, Policy,

Two years ago, the economy was seriously dragged down amidst an amazing banking crisis that spread throughout the world. The illusion created by loose credit — that housing could go up in price forever and we could enjoy permanent prosperity due to monetary expansion — was shattered by events. Reality had dawned. We found ourselves in the midst of