Category Archive: 6b.) Mises.org

The Twilight of the Antifederalists

New York was the toughest nut for the Federalists to crack. For here was one state where not only was the population overwhelmingly opposed to the Constitution, but the opposition was also in firm and determined control of the state government and the state political machinery. Here was a powerful governor, George Clinton, who would not, like Hancock and Randolph in the other critical states, yield to a sellout under pressure. Clinton had been a...

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Failing to Make the Case for Race-Based Reparations

Reconsidering Reparations by Olúfẹ́mi O. Táíwò, Oxford University Press, 2022; pp. 261Olúfẹ́mi O. Táíwò, who teaches philosophy at Georgetown University, has a very different view of justice from libertarians. We believe that justice is based on the libertarian rights of self-ownership and Lockean appropriation, expressed in laws that apply to everyone and do not discriminate between different races or classes of people.Táíwò, by contrast, is a...

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From Athens to Vienna: Understanding a System of Ethics

The Political Thought of David Hume: The Origins of Liberalism and the Modern Political Imaginationby Aaron Alexander ZubiaNotre Dame 2024; 366 pp.The central thesis of Aaron Zubia’s very scholarly book will be of interest to students of Ludwig von Mises. Zubia argues that the thought of David Hume underlies contemporary liberalism. He intends “liberalism” broadly, so that it encompasses not only twentieth-century liberalism, but classical...

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Will Oklahoma’s Legislature Embrace Sound Money? Maybe

On February 5, 2024, Oklahoma Representative Cody Maynard introduced House Bill 3027, which would eliminate all capital gains taxes on gold and silver and expand legal tender to include not only gold and silver coins issued by the US government, but other specie that an Oklahoma court rules to be within state authority to make or designate as legal tender. While the bill has yet to be debated and passed in the Oklahoma House, this could be a...

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Sebag and Natural Money

Natural orders are things that emerge on their own or reflect the true nature of how something is or was meant to be. Two of my favorite books, both of which dramatically changed my outlook on the world, are A Hunter-Gatherer’s Guide to the 21st Century (by biologists Heather Heying and Bret Weinstein) and Company of Strangers: A Natural History of Economic Life (by economics professor Paul Seabright). Even though they deal with different subject...

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Why We Don’t Need Government Funding for “Moonshots”

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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Protectionism Doesn’t Decrease “Food Insecurity”; It Increases It

Achieving food security is a priority of political parties regardless of ideology. Therefore, countries work assiduously to ensure that this project is accomplished. The proactive approach to tackling the issue is admirable, but in their pursuit of food security, some countries adopt counterproductive policies. The assumption that protectionism alleviates the risks of food security is still embraced by many policymakers when there is no...

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The Michigan Verdict Is “Groundbreaking” as in Burying the Law

In convicting James Crumbley of involuntary manslaughter yesterday, a Michigan jury’s verdict was “groundbreaking,” according to CNN. While the term was meant to describe a “new direction” in the application of criminal law, perhaps it is more appropriate to think of the jury’s actions as breaking ground in an attempt to bury what is left of the criminal law this country inherited from England.That is not a good thing. For all the faults in the...

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Krugman: Low Unemployment Causes Inflation, Not Monetary Expansion

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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The Myth of National Defense Spending

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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Why the Bubble Economy Isn’t the Real Economy

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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Covid Showed Us Who Really Rules America

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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A Principled View of Nations and Nationalism

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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How the US Regime Subsidizes Immigration—both Legal and Illegal

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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Getting the Great Depression (Almost) Right — And Totally Wrong

Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436

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Wealth, Wisdom, and Prosperity: The Ancient Capitalist Tradition of India

In 1991, when the Indian economy was on the brink, Narasimha Rao called upon the eminent economist Dr. Manmohan Singh. What followed is well-documented: the transformation of a $300 billion economy into a $3.5 trillion economy in just three decades. This marked India’s departure from the Nehruvian model of socialist economics and its embrace of the open market system. However, it remains debatable whether India has fully embraced capitalism or...

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President Bukele Broaches Austrian Business Cycle Theory at CPAC

President Nayib Bukele of El Salvador recently spoke at the Conservative Political Action Conference, receiving a hero’s welcome in the wake of his re-election victory. Yet he also delivered some hard truths as part of his speech that conservatives would do well to consider.While conceding that high taxes are a problem, Bukele said the deeper problem is that Americans “pay high taxes only to uphold the illusion that you are funding the government,...

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Should the US Congress Audit the Federal Reserve?

The Federal Reserve system, including its twelve regional district banks that issue our US currency, is a creature of Congress, which passed the Federal Reserve Act in 1913 to create our central bank. The Fed is neither part of the executive branch of the federal government, nor is it an independent federal agency within the government, although members of the Fed's Board of Governors are appointed by the Presidential and confirmed by Congress.The...

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Covid: Four Years Later

On this week's Radio Rothbard, Ryan McMaken and Tho Bishop reflect on the fourth anniversary of the political response to covid and discuss if any meaningful lessons were learned, could something similar could happen again, and why it is right to still be furious with the tyranny American's experienced from a variety of fronts.Discussed on the Show "Covid Showed Us Who Really Rules America" by Ryan McMaken:...

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Top 5 Most Bizarre Moments of Covid: A Student’s Recollection

In recognition of the fourth anniversary of the US government's response to covid, a Mises Apprentice shares their experience as a student during this tumultuous time, highlighting five dates they will never forget.5.) April 2022: “Despite the University’s policy to relax mask mandates and no longer require masks, we will have an open vote in our class next week if we will all ‘commit’ ourselves to continue mask requirements during this course.” I...

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