Mises Wire

It is no concern of ours. And this does not mean trying to broker a settlement in the Ukraine war. It means staying out completely. We should not send any weapons there.

While MMT advocates claim special knowledge, the irony is that they don't understand money at all. Like all progressive statists, they fail to comprehend the economic damage done through their “modern” monetary manipulations.

While state power has smothered French society for more than four centuries, the problem is becoming worse, as the government deliberately undercuts the market economy to “fight climate change.” The French will have neither cooler temperatures nor prosperity.

President Trump is levying high tariffs without consent of Congress, despite the fact that the US Constitution gives only Congress the power to set tax rates. It is time for Congress to stop redelegating its lawfully-delegated powers.

Before leaving office, President Joe Biden posthumously pardoned black nationalist Marcus Garvey, who was convicted of mail fraud in 1923. Like other dissenters that came afterward, Garvey was hounded by the FBI. He remains a complex character even in death.

The Fed is losing record amounts of money, but in the magical world of money-printing, it‘s not a problem for the Fed. It‘s just a problem for the taxpayers.

In a post-Cold War world, there is an opportunity to find useful insights among even the New Right that Rothbard loathed. James Burnham‘s The Managerial Revolution produced important points about the relationship of government and business.

Since there is no genuine test of merit in government’s “service” to consumers, the bureaucrats have decided that the metric of success is commanding a bigger staff and a bigger budget.

The Southern secession from 1861-65 is portrayed as a “lost cause” by supporters and an act of evil by its detractors. Murray Rothbard argued that the Confederates were seeking freedom from political oppressors, just as their ancestors had done in the American Revolution.

Conventional progressive wisdom says that Nazism and Fascism were polar opposites to Communism. Yet, all of these totalitarian worldviews came from the same collectivist origins.