The Western ruling elite has become oligarchic in nature; its political and economic influence is disproportionate and even harmful to society. It is necessary, therefore, to review its historical evolution and expose its current goals.
Firstly, it must be recognized that it is natural and necessary for society to have an elite.

A bedrock of Austrian economic thinking is the notion of causality. A libertarian worldview also requires the understanding of causality.
Original Article: Libertarianism and the Importance of Understanding Causality

Even though support for the free market has become stronger in the last decades, libertarianism can still only be considered a fringe movement. Most people still believe that many social problems are due to “market failure” and therefore require state intervention to be “solved.” Despite the obvious flaws of modern socialism—with its unlikely combination of a redistributive welfare state and globalist crony capitalism—and despite libertarianism’s robust philosophical and empirical foundations, the liberalism of Ludwig von Mises is still far from enjoying the majority support that it so amply deserves.
There are many reasons for this. Of course, media bias and public education prevent the dissemination of the ideas of freedom in society and limit the understanding of the free market.

Modern socialism is based upon state interference in normal human relationships, economic and otherwise. It is as disastrous as the older state-planning model.

Original Article: "Modern Socialism Is Forced Socialization"

My article “The Education of the Modern Socialist” deserves a follow-up. The first part showed that a change has occurred in the definition of “socialism”—a necessary change in view of the failures of this ideology during the last century. Socialism today is based on the ideology of “statism”—the conviction that the state must play a fundamental role in society. Ludwig von Mises’s wider definition of socialism as state intervention implies a modern social state that is involved in most if not all of the activities of society, whether commercial or not.
Unlike under traditional socialism, according to this new definition, very few people are not socialists. There are no political parties, then, that are not socialist, although many would never accept that label. This widespread statism

It’s fitting that the G7 recently met in Hiroshima because the policies they are following are blowing up the world economy.

Original Article: "The G7 in Hiroshima: The Latest Attempt to Impose a Unipolar World"

The last Group of Seven (G7) summit that took place May 19–21, 2023, in Hiroshima deserves attention because it exposes the latest Western attempt to impose its unipolar worldview. But first, a bit of background on the G7.
The G7 is the group of seven nations (USA, Japan, France, Germany, Italy, Canada, and the United Kingdom) that in the ’70s comprised the major industrialized countries of the capitalist world. But because of the enrichment of a large part of the world’s population and the economic stagnation of many Western nations, the situation has changed dramatically. The G7’s share of the world gross domestic product has gone from 70 percent to only 27 percent, contributing just 15 percent of overall growth in 2012–21. Moreover, they now account for only 10 percent of the world’s

Three years after the covid virus hit the world, we are just starting to take a hard look at the damage caused by the covid restrictions. The "experts" not only were wrong; they were scandalously wrong.

Original Article: "Covid-19: Will the Political and Health Scandals Erupt into the Public Light?"
This Audio Mises Wire is generously sponsored by Christopher Condon.

Western intellectuals and their political allies are pushing relentlessly toward a unipolar world. Freedom lies in the multipolar direction.

Original Article: "Why Libertarians Should Support the Multipolar World"
This Audio Mises Wire is generously sponsored by Christopher Condon.

Finland and Sweden’s recent decision to apply for North Atlantic Treaty Organization membership is a major win for the military alliance, but a far more dubious one for these two countries. NATO badly needs a success at this moment, since neither the economic war on Russia nor the conflict in Ukraine seems to be going the West’s way.

Imposing economic sanctions upon Russia is tantamount to throwing gasoline on a raging fire. The sanctions will not end the Russian invasion of Ukraine and only will make things worse.

Original Article: "The Economic Sanctions against Russia Are Destructive and Counterproductive: We Must Oppose Them"
This Audio Mises Wire is generously sponsored by Christopher Condon.

The Western sanctions against Russia seem to shock very few Westerns. Yet, for several reasons, these sanctions should at least be the subject of lively debate in Western societies. Firstly, these sanctions are illegal from the standpoint of international law (only the Security Council can approve economic sanctions, according to article 41 of the Charter of the United Nations).

An economic cataclysm has been unleashed upon the world by Western politicians and bureaucrats. Unbelievably, economic activity in the West has slowed to a creep, as entire populations have been confined to their homes for weeks, if not months. As a result, millions have had their lives turned upside down. Most entrepreneurs and self-employed persons have had their livelihoods jeopardized.