World History

A century ago, the German reichsmark went into freefall as the most famous hyperinflation in history exploded the German economy. The repercussions still are with us.

While China achieved strong economic growth in the post-Mao years by allowing free markets to work, the Communist leadership wants to return the economy to its old socialist ways. However, while the government can give fake growth numbers, it cannot reverse socialist failures.

For those who value self-determination, free markets, peace, and freedom, Napoleon provides little to be admired. He was a despot, a warmonger, a centralist, and a hypocrite who claimed to spread freedom to justify his own lust for conquest and power. 

The standard line from US political elites is that failure to aid Ukraine would mean Russia's destruction of what is left of the country. However, the likely result would be a negotiated peace.

British conservative critics of industrialization invented new terms like "wage slavery," "factory slavery," and "white slavery." Much of the conservatives' terminology and their arguments would later be adopted by socialists. 

The standard line from US political elites is that failure to aid Ukraine would mean Russia's destruction of what is left of the country. However, the likely result would be a negotiated peace.

Israel is a wealthy nation, yet it also is the largest recipient of US foreign aid. Are those aid dollars value-adding or value-destroying?

While Argentina president-elect Javier Milei plans to privatize state-owned enterprises, there is a right way and a wrong way to privatize these entities. Murray Rothbard and Hans-Hermann Hoppe show the way.

While Austria is not the free-market republic Ludwig von Mises hoped it would be, the country has made many steps in the right direction, freeing markets and protecting private property.

The eternal “climate emergency” is upon us. While doomsday is said to be around the corner, the reality is that the only thing rising is the level of government control.