Mises Wire

Trump continually campaigned on the promise to cut spending, but the budget proposal he supports was much higher than that of President Obama.

Portugal's Estado Novo regime under António de Oliveira Salazar was lauded by some classical liberals for allegedly saving the nation from socialism. However, as Paulo Ferreira writes, for all practical purposes it was a socialist government.

The Fourtheenth Amendment has been used in divisive ways, giving the lie to its claim of “equal protection” under the law. We can have equality under the law, or we can have what is becoming a race-based spoils system. We cannot have both.

Law-and-order conservatives who hang on every word from any black-robed deity called a “ federal judge,” are aiding and abetting the destruction of American freedom.

Some economists fear that excessive government debt will lead to an economic crisis and recession. However, the real threat to the economy is Federal Reserve-supported fractional reserve lending that helps to set off an unsustainable boom.

When UnitedHealthcare CEO Brian Thompson was gunned down in cold blood in New York City, progressive elites either cheered the murder or refused to condemn it. The so-called leadership class is unable to lead.

Bob responds to flawed arguments about trade deficits.

Socialists have always tried to hide the true nature of socialism, presenting it as a mechanism to advance freedom when, in fact, it destroys liberty. Socialism needs to be unmasked.

Austrian economists agree that ending the Federal Reserve System would be a major step forward in reclaiming sanity in government spending and bolstering the US economy. Here is one plan to make ending the Fed a reality.

The philosopher Karl Popper was a strong critic of Marx, his system, and especially his reliance on historicism. Unfortunately, as David Gordon points out, Popper supported economic interventionism as a viable “third way” for social organization.