Although most economists tend to overemphasize the desirability of particular ways of collecting tax revenue as opposed to others, a tax on profits is perhaps one of the most evil and disastrous forms of taxation conceived.
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Category Archive: 6b.) Mises.org
Launching a War on Iran Was No Act of Courage
As recent history shows, there are few things more courageous for a president to do than face down the ever-accelerating, wealth-draining, conflict-amplifying warfare state in DC. Trump has decided to go in the opposite direction.
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Launching a War on Iran Was No Act of Courage
As recent history shows, there are few things more courageous for a president to do than face down the ever-accelerating, wealth-draining, conflict-amplifying warfare state in DC. Trump has decided to go in the opposite direction.
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The Persona and Legacy of Murray Rothbard
We continue celebrating the centennial of the birth of Murray Rothbard, one of the greatest economists of the 20th Century and the Dean of the Austrian School of Economics.
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Congress quietly moves US closer to military draft
With the passage of NDAA expected this week, a sweeping change to the Selective Service will attempt to 'automatically' sign American males up to serve.
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Will Aliens Trigger the Next Financial Crisis?
In 2011, Paul Krugman infamously declared that the US could revitalize its slow economy if it were to prepare for an invasion of space aliens. Would the real presence of aliens, however, touch off an economic crisis?
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US bombs Somalia for 43rd time this year
After 43 air strikes this year, AFRICOM is still on track to break its annual record for total US airstrikes in Somalia, which it set at 124 strikes last year.
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Largest ever release of oil from IEA stockpile. Oil price only slightly falls.
IEA members are advanced economies in Europe, North America and Northeast Asia. Japan said earlier it will release oil stockpiles as early as next week.
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It’s clear that Trump miscalculated Iran’s response to US attacks
President Trump downplayed the risks to the energy markets as a short-term concern. This was clearly wishful thinking.
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Fiscal Responsibility, Formalization, and the Modern Fiscal State
In a genuinely liberal framework, limited government, fiscal restraint, and legal clarity are not episodic accomplishments. They are the enduring foundations of a social order.
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US troops struggling to leave Iraq, under fire from Iran and Shiite militias
In the nearly 10 days since the State Department directed non-emergency government employees to leave Iraq amid the war with Iran, the U.S. has struggled to remove all personnel.
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Rothbard’s Defense of Border Control
Rothbard’s views on nations by consent are once again in the limelight. Libertarians who ignore the nationality question and continue merrily defending free trade, free movement of workers, and open borders, oblivious to the concerns of increasing numbers of people, are unwise.
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Who Owns the Middle East?
The question of who owns the Middle East is ongoing and will never be resolved, not in the current political climate.
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It All Began with Roger Garrison
John Maynard Keynes’s General Theory was the “Bible” of economics and Roger was the devil’s advocate.
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Will the Dollar be a Casualty of the Iran War?
President Trump’s unconstitutional and unjust war against Iran is setting back his “affordability” agenda.
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Vaccine Science Is Social Dynamics, and the Paradigm-Breaker Is Aaron Siri
A Rothbardian view of vaccines and society is that no government should have the power to coerce someone into having a vaccine. Their safety is irrelevant for this argument, although we definitely should have an interest in their safety for people.
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Saudi Aramco warns of ‘catastrophic’ consequences from Iran war
Oil prices hovered around $90 per barrel: "Seven nations are scheduled to meet Tuesday to discuss a possible joint release of stockpiles to help ease the supply disruption."
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Trump Says He Will Make a ‘Mutual’ Decision With Netanyahu on When To End Iran War
President Trump said on Sunday that any decision to end the war with Iran would be a “mutual” one made with Israeli Prime Minister Benjamin Netanyahu.
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Hegseth says “this is only just the beginning” of the Iran War
Hegseth in March 8 interview: "what I want your viewers to understand is this is only just the beginning."
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On Swiss National Bank
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Heads up for NZD and CHF traders, RBNZ Gov Breman and SNB Chair Schlegel to speak
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Swiss franc appreciation has led to tighter monetary conditions – SNB minutes
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SNB Sight Deposits: decreased by 3.1 billion francs compared to the previous week
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SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
Main SNB Background Info
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MISES Podcast: Rothbards „Doppelschlag-Strategie“. Mises-Preis für Javier Milei