Moral Hazard and Socialism in Collective Security Agreements
Collective security agreements allow many countries’s politicians to shift the cost of national defense to taxpayers outside their own countr
Collective security agreements allow many countries’s politicians to shift the cost of national defense to taxpayers outside their own countr
American revolutionaries revolted in part over high tariffs, but the new American state immediately began raising tariffs after the revolution, and tariffs have played an important role in American wars, imperialism, and crony capitalism ever since.
With European powers broke and economically ailing by 1916, World War One would have ended much sooner had the Federal Reserve and its cronies not stepped in to help England and France keep the bloodshed going. Meanwhile, US economic intervention led to a huge post-war bust in America.
Coming in Monday’s Mises Daily, Patrick Barron will explore the moral hazard that often plague
Tom Woods explains the “unacceptable“ opinions behind freedom and free markets.
This audio Mises Daily is narrated by Keith Hocker.
Tom Woods explains the "unacceptable" opinions behind freedom and free markets.
With 100 years having passed since the start of the First World War, the view of the war among historians and the public has evolved in many ways. Historian Hunt Tooley examines the turning points in how the world sees the Great War.
Contrary to the claims of many advocates for expanding the already-huge war apparatus of the United States, Libertarians in general — and Murray Rothbard in particular — are not pacifists, but reject the killing of innocents and other unjustified forms of military aggression.
How much is Obama’s war on ISIS going to cost you? You don’t want to know, writes Daniel McAdams.
Libertarians — and Murray Rothbard in particular — are not pacifists, but reject the killing of innocents and other unjustified forms of military a