Originally published at LewRockwell.com.Kamala Harris is bad enough, but stress on her manifest deficiencies should not make us lose sight of the problems with her running-mate, Governor Tim Walz of Minnesota, who would become president if Kamala were elected and something happened to her.Walz is a “progressive” of the worst sort, close to being an outright communist. During the notorious Geroge Floyd riots after BLM (Black Lives Matter [but White...
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Category Archive: 6b.) Mises.org
Markets Quake as Monopolist Capital Pursues a Technological Coup
A serious omission is notable in the circulating list of suspects responsible for the early August quake in global risk-on markets. This is the role of “monopoly capital” in stimulating wild technological change which by-passes potential benign control by the invisible hands of free markets.In assessing the charge against monopoly capital, the concept of revolution and its differentiation from coup is important. Revolution starts from below amidst...
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A Review of Nock’sThe Theory of Education in the United States
Albert J. Nock was one of Murray Rothbard’s favorite essayists, and for good reason; his erudition, clarity of thought, and wisdom make his works supremely edifying and a joy to read, and none more so than his Theory of Education in the United States (1932).Nock sets out to examine the theoretical underpinnings of the American education system, which that had undergone an ill-fated organizational “revolution” around the turn of the 20th century...
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Review: The Theory of Education in the United States
Albert J. Nock was one of Murray Rothbard’s favorite essayists, and for good reason; his erudition, clarity of thought, and wisdom make his works supremely edifying and a joy to read, and none more so than his Theory of Education in the United States (1932).Nock sets out to examine the theoretical underpinnings of the American education system, which that had undergone an ill-fated organizational “revolution” around the turn of the 20th century...
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History Didn’t End: The Return of the Draft
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Nigerians Should Understand Their Long-Run Interests
Modern complex economies are remarkably characterized by the social division of labor. Individuals of varying abilities, personalities, and specialized technical knowledge in pursuing their self-interests integrate themselves into this social system by voluntarily participating in the various stages of production and exchange of goods and services.Oftentimes this voluntary system of social cooperation called the “free market system” is met with a...
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Leggett: Disunion Is Better than Slavery
[Editor’s note: In this 1835 essay, the great anti-slavery Jacksonian—and enemy of central bankers—William Leggett provides an early example of “secessionist abolitionism” in his call for embracing both secession and disunion. Leggett here makes two key claims. First, Leggett rejects claims by defenders of slavery that the US Constitution endorses the institution. He writes: “What a mysterious thing this federal compact must be, which enjoins so...
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Innovation through Antitrust Litigation? The Myth of Linear Progress
There has been a notable resurgence in antitrust litigation aimed at fostering innovation through the potential positive spillovers of technology to other firms. Its advocates argue that breaking up monopolies promotes technology dissemination and economic growth. They believe antitrust litigation enables early-stage innovation in the marketplace. However, this view oversimplifies innovation’s complexity, as it rarely follows a linear path from...
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The Harris Campaign Will Base Its Platform on Biden’s Fake Economic Accomplishments
Later this week, Kamala Harris is expected to break her campaign’s strange silence about policy by unveiling much of her economic platform. The vice president is scheduled to first join President Joe Biden for an event in Maryland on Thursday about “the progress they are making to lower costs for the American people” and then to deliver a speech about her own economic platform on Friday.The Harris campaign clearly intends to continue spinning the...
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Musk-Trump Interview: What Really Caused the Inflation of the Biden Presidency?
On the evening of Monday, August 12, President Donald Trump sat down with Elon Musk on an X (formerly Twitter) space. There were a lot of very nice promises about massive deportations and crime crackdowns—promises which could completely reverse the demographic trends of the country and “Take Back the Streets”! A lot of anti-war rhetoric, including acknowledging the tragedies of the wars in Ukraine and Gaza, was also passed around, a promising sign...
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The American tradition of abolishing central banks
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Rachel Maddow’s hunt for imaginary fascists
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Is the European Union headed for another debt crisis?
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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How should government police the public domain?
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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A ‘smart city’ is a city plagued by high taxes and central planning
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Project 2025: The good, the bad, and the frustrating
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Bidenomics: New employment numbers say recession is here
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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How capitalism defeats racism
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...
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Musk Was Right in his Conversation with Trump
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The Goose that laid the Golden Egg
Hello, and welcome to another episode of the “Minor Issues” podcast. I’m Mark Thornton at the Mises Institute.In this week’s episode, I’d like to talk about a brand-new paper of mine. It is on Ludwig von Mises and trade in general and international trade and protectionism. Trade, whether international or just across the street, is the great source of our standard of living. You can work 24 hours a day, but if you can’t trade with others, you would...
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On Swiss National Bank
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SNB Sight Deposits: decreased by 2.4 billion francs compared to the previous week
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Gold finds some support at $2,660, with upside attempts limited
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USD/CHF aims to revisit 0.8950 as SNB to cut rates further
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US Dollar tries to keep gains for a fourth straight day despite flat CPI
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Gold price retreats from over two-week top; bulls turn cautious ahead of US CPI
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