This war is not just making energy more expensive, it’s knocking out the higher order goods the global structure of production depends on. This has already locked in dangerous shortages in critical industries like healthcare, food production, and much more.
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Category Archive: 6b.) Mises.org
Trump’s ceasefire is already collapsing as Israel attacks Lebanese civilians (again)
The Straight of Hormuz is closed again. Israel will not abide by any ceasefire, so Trump can only succeed by ignoring Netanyahu. Which Trump will not do.
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The Parasitic Kenyan State: Murray Rothbard’s Anatomy of Power and a Decade of Economic Scandals (2014–2024)
The Kenyan government from 2014 to 2024 perfectly illustrates Rothbard’s thesis: a parasitic caste that siphons public funds while cloaking predation in the rhetoric of development, security, and public service.
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Money Laundering and Oliver Bullough’s New Pearl-Clutching Book
The old saw that when one has a hammer, everything else is a nail certainly applies to a new book by Oliver Bullough on so-called money laundering. Joakim Book sets the readers straight.
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Constitutional Government and the Tenth Amendment
The Tenth Amendment to the US Constitution was supposed to affirm the sovereignty of individual states. However, after years of centralization, that amendment has been reduced to what Murray Rothbard called a “meaningless tautology.”
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Sortition: The God That Will Fail
Landemore wishes to be a radical democrat, but she is not radical enough. Why do people need to be ruled at all? In a free-market social order along Rothbardian lines, people are at liberty to deal with others as they wish, so long as they do not violate rights.
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Entrepreneurship Beyond Politics
In contrast to the pessimistic political atmosphere, our message in Oklahoma City was hopeful. Entrepreneurs are building alternatives, undermining institutionalized corruption, and tangibly improving people’s lives. Politicians may promise prosperity, but it’s entrepreneurs who create it.
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From the Editor—March/April 2026
In this issue of The Misesian, Patrick Newman explores the many ways that Rothbard remains relevant to current economic and political controversies. And other articles, all of which are in the Rothbardian tradition of advancing the scholarship of freedom and sound economics.
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Remembering Roger W. Garrison, Who Led the Way
Garrison developed over the course of his career what has come to be called capital-based macroeconomics, a full-blown Austrian alternative to mainstream macroeconomics that he laid out in his great work, Time and Money: The Macroeconomics of the Capital Structure.
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Mises Spotlight: Brandan Buck
I think any study of history or even the present ought to rely on the belief in contingency, that human action is what drives history, not broad deterministic sweeps of things that human beings are not in control of.
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The Misesian, vol. 3, no. 2, 2026
In this issue of The Misesian, Patrick Newman explores the many ways that Rothbard remains relevant to current economic and political controversies. And other articles, all of which are in the Rothbardian tradition of advancing the scholarship of freedom and sound economics.
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How to Change the World: Entrepreneurship versus Politics
Entrepreneurship is a voluntary undertaking that causes change by providing value. No force, no threats, and no coercion are involved. It is market action fully in line with our libertarian ideals. And it provides alternatives, and produces variety.
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Why Rothbard Is as Relevant as Ever
Murray Rothbard is one of the all-time greats in Austrian economics and libertarianism. When studying his achievements, we immediately see that Rothbard is a giant whose shoulders free-market scholars should aspire to stand on.
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Natural Entrepreneurship
Conflict over the natural world often originates in people’s different conceptions of how the natural world can and should be used. Entrepreneurship in a free market helps settle these conflicts peacefully, without one group using the power of the state to force its preferences on others.
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Is Donald Trump Another Bismarck?
The US finds itself once again in an undeclared overseas war. Republicans in Congress, however, are unwilling to hold Trump to the Constitution.
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The Irresistible Promise of John Law
Before J. M. Keynes and Stephanie Kelton, there was John Law. The promise of free money never seems to die.
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War, Peace, and the State
"It is legitimate to use violence against criminals in defense of one's rights of person and property; it is completely impermissible to violate the rights of other innocent people."
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The Irresistible Promise of John Law
Before J. M. Keynes and Stephanie Kelton, there was John Law. The promise of free money never seems to die.
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On Swiss National Bank
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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
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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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Money is Debt, Debt is Money