In this week’s Friday Philosophy, Dr. David Gordon assesses the “libertarian” foreign policy prescriptions of Murray Rothbard and David Freidman. Naturally, Rothbard’s view—built upon principles of natural law—stands above Freidman’s less-principled “pragmatism.”
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Category Archive: 6b.) Mises.org
The Panic of 1893: An Austrian View
From an Austrian perspective, the Panic of 1893 provides key lessons, but this consequential panic has not received as much direct attention as it deserves.
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The Illogic of Reparations: Historical Standards, Selective Memory, and the Logic of Victory
Demands for Americans to pay reparations to descendants of chattel slavery in America have been growing. The case for reparations, however, has always been weak and illogical.
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Roger Farmer Gives a Tour of Macroeconomics
This week, Bob talks with macroeconomist Roger Farmer—who places himself “between Keynes and Hayek”—about how twentieth-century macroeconomics evolved.
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Forbes: The Fed has destroyed the dollar
" A dollar saved in 1913 retains roughly $0.03 of its original purchasing power. The M2 money supply has expanded from approximately $15 billion to over $21 trillion..."
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American Indians: Separating Truth from Fiction
Depending upon the narrative, American Indians were either noble creatures who were victims of a genocide by rapacious European settlers or were bloodthirsty savages. The truth is more nuanced.
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The Panic of 1893: An Austrian View
From an Austrian perspective, the Panic of 1893 provides key lessons, but this consequential panic has not received as much direct attention as it deserves.
Read More »
Read More »
The Illogic of Reparations: Historical Standards, Selective Memory, and the Logic of Victory
Demands for Americans to pay reparations to descendants of chattel slavery in America have been growing. The case for reparations, however, has always been weak and illogical.
Read More »
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Kalshi Culture: How Gambling, Speculation, and Degeneracy Went Mainstream
As government continues to engage in reckless actions from inflation to starting wars, people develop shorter time horizons, creating social vacuums. Increased gambling and other irresponsible behaviors then fill the void.
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In the New Year, We Will Hear Even More Environmental Doom Because the Doomsday Industry Never Rests
A wearisome part of modern life is the incessant chants of “doomsday” from intellectual, academic, political, and media elites. That their six decades of predictions all have been wrong only leads them to double down on the volume of their claims.
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The Misesian, vol. 2, no. 6, 2025
This issue of The Misesian discusses that, without private property, there is no way to plan for the future, and one’s goods are always subject to confiscation from the more powerful. In other words, a world without private property is a lawless world.
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The Constitution as a Weak Reed
In theory, the Constitution should safeguard individual liberty by giving citizens a bulwark against state tyranny. However, the Constitution actually advanced federal government power or failed to ultimately prevent it.
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The Rise of the State and the Fall of Natural Law
In the wake of WWI, Pope Pius XI reminded his readers that governments instituted by men can never be perfect, and they cannot even be good if they neglect natural law.
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Kalshi Culture: How Gambling, Speculation, and Degeneracy Went Mainstream
As government continues to engage in reckless actions from inflation to starting wars, people develop shorter time horizons, creating social vacuums. Increased gambling and other irresponsible behaviors then fill the void.
Read More »
Read More »
The Rise of the State and the Fall of Natural Law
In the wake of WWI, Pope Pius XI reminded his readers that governments instituted by men can never be perfect, and they cannot even be good if they neglect natural law.
Read More »
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Bari Weiss and the Myth of the Political Center
Now at the helm of CBS News, Bari Weiss has become the most prominent figure pushing the idea that America is held hostage by two political “extremes” that have sidelined a large, unified, moderate, and pragmatic political center. That is the opposite of the truth.
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Drug War: Trump Takes a Step Toward Liberty
President Trump recently signed an executive order changing marijuana’s Controlled Substances Act classification from Schedule I to Schedule III.
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The US Government Is Not the Daddy of US Oil Companies
Among the many rationalizations that the Trump administration is using to initiate massive force and violence against the Venezuelan people is that the Venezuelan government nationalized American oil interests many years ago.
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On Swiss National Bank
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SNB Sight Deposits: increased by 5.2 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
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
Main SNB Background Info
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