Category Archive: 6b.) Mises.org

Overpopulation Reconsidered: A Decentralized Approach

Overpopulation has been a concern for a long time, sparking debates about humanity’s future, resource scarcity, and environmental degradation. The temptation to resort to centralized control measures is significant. However, a closer examination reveals two major problems with such an approach.The ethical problemThe violation of individual rights is the first issue. As Murray Rothbard explains in ‘The Ethics Of Liberty,’ individuals have an...

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Why the Democrats are Throwing the Presidential Election

I heard a rumor the other day that Democrats are throwing the Presidential election. Party apparatchiks believe the stock market will crash, sinking the economy and they would rather have it all implode on Donald Trump’s watch, paving the way for having a Democrat in the White House from 2028 until eternity. This sort of conspiracy theory seemed spectacularly implausible until I read in the New York Times, that anti-Trump Republicans believe the...

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Coyning US into War

How to Run Wars: A Confidential Playbook for the National Security Eliteby Christopher J. Coyne and Abigail R. HallIndependent Institute, 2024; xvii + 198 pp.This is an excellent book, but I should like to begin, characteristically, with a complaint. Christopher Coyne and Abigail Hall, who are both economists favorable to the free market, present an excellent criticism of America’s pursuit of global hegemony, ably showing the immense costs of this...

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The Mises Institute’s Concern Trolls

There is no shortage of former hangers-on at the Mises Institute who now claim to have deep insights into the inner workings of the Institute and its staff. Among these people, one will often find a certain group of people who never miss an opportunity to tell you all about how tight they once were with the Institute staff, and how now they can no longer support the Institute because “it changed.” The latest writer that checks the usual boxes of...

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Is Israeli Society as Sick as the Regime?

In teasing out right from wrong, discriminate we must between acts that are criminal only because The State has criminalized them (mala prohibita), as opposed to acts which are universally evil (malum in se). Israel’s sacking of Gaza is malum in se, universally evil. Gaza is clearly an easy case in ethics. It’s not as though the genocide underway in Gaza could ever be finessed or gussied up.Yet in Israel, no atrocity perpetrated by the IDF (Israel...

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The West Needs Radical Political Change Towards Freedom

It should not have escaped the politically aware that the threats to freedom in Western societies are now unprecedented. This goes far beyond the interventionist pressures that over time have been slowly throttling most Western economies. The Western oligarchic elite are now dead set on implementing what one influential blogger described as “a society hermetically sealed against any form of rebellion, dissidence, or questioning of the ruling...

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Big Loans, Big Risks, Big Problems

Construction lending juggernaut Bank OZK made news when its shares fell 17% after Citigroup analyst Benjamin Gerlinger wrote in a report that cut his rating to “sell.” Bloomberg reported “Bank OZK faces ‘largely idiosyncratic’ exposure to life sciences relative to peer banks,” with a $915 million loan on the Research and Development District on San Diego’s waterfront, developed by IQHQ Inc..“RaDD has been in development for more than 4 years and we...

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We Have Standards

Tuesday at Power & Market I described a certain type of soft and wobbly Mises Institute “supporter” who believes that the Mises Institute is not allowed to have standards. In the minds of these people, the Institute must publish articles that contradict the Institute’s core editorial positions in the name of “debate” and avoiding “dogmatism.” Apparently, it’s not enough that nearly the entire edifice of the American regime—along with academia...

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Smugglers: True Heroes of Liberty

In the shadows of society, where legality meets defiance, lies a realm inhabited by those often deemed outlaws: smugglers. To some, they are criminals, evaders of the law; to others, they are the unsung heroes of the market, navigating the murky waters of prohibition and regulation to fulfill the demands of consumers and preserve individual freedoms. In this exploration, we unveil the clandestine world of smuggling and illuminate its role as a...

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A Rothbardian Dissection of Javier Milei – Part I

Do you hate the State? Javier Milei, the current president of Argentina, seems to. “The State is a killing machine.” “The State is a criminal organization.” “Taxation is theft.” “Philosophically, I am an anarcho-capitalist.” These are quotes from Milei, a man who offered Argentina a “true liberal option”—classical liberalism. He claims to be a “liberal-libertarian” and an admirer of Murray Rothbard (1, 2, 3). He has said he is a minarchist in the...

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Don’t Listen to the Elites: Trump’s Conviction Is NOT a “Victory” for the Rule of Law

A Manhattan jury’s decision to convict Donald Trump of falsifying business records to break federal election law is being heralded by The Usual Suspects as a moment in which “no one is above the law.” Indeed, both prosecutor Alvin Bragg, who brought the charges, and Judge Juan Merchan, who acted as a member of the prosecution, have proven that they themselves are above the law and can act well outside legal boundaries because no one will set...

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What Exactly Happened at the Libertarian Convention?

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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Watch Our Latest Fed Documentary Teaser

Mises is on the march, and the elites are terrified.For decades, the most powerful institutions, from academia to the corporate press, have made a concerted effort to marginalize the wisdom of Austrian economics. Their control is breaking. From Tucker Carlson to UFC, the name Ludwig von Mises has reached the masses in ways he could have never imagined.Now, we’re looking to take it to the next level.We are releasing our newest documentary, exposing...

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Switzerland Still Cherishes its Traditional Neutrality

With more than 130,000 certified signatures, the “Pro Switzerland” civil movement asked the Swiss government to organize a national referendum on strengthening the country’s international neutrality. After the authorities followed the European Union’s sanctions on Russia and bolstered the cooperation with the North Atlantic Treaty Organization (NATO), the referendum organizers want to prevent a gradual erosion of Switzerland’s traditional...

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From Mad (Social) Scientist to Mad Zionist

“First of all, don’t target civilians.”~Murray Rothbard’s first principle of just war in his essay, “Just War”Like Hans Hoppe I have been a friend of Walter Block’s for decades. I co-authored a book and an article with him, sponsored a guest lecture by him at my university; lectured twice at his invitation at Loyola University New Orleans; wrote dozens of online articles in his defense when he was libeled by the administrators of Loyola University...

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Hyperinflation and the Destruction of Human Personality

The Link between Economic Calculation and Human PersonalityEconomists and historians have clearly shown that the destruction of the value and function of money by hyperinflation makes economic calculation impossible and leads to economic and social disintegration and widespread poverty. What is not so clearly understood, even by many economists, is that during periods of rapid inflation, the inability to economically calculate undermines the very...

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The Failure of Conservatism

The Failure of American Conservatism and the Road Not TakenBy Claes G. RynRepublic Book Publishers, 2023; 468 pp.Claes Ryn, a leading conservative intellectual who taught politics for many years at the Catholic University of America, is by no means a libertarian, but readers of The Misesian can learn much from this book. I’d like to discuss two topics: first, the criticism of Harry Jaffa and his mentor, Leo Strauss; and second, the full-scale...

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US Arms Sales Are a Clear and Present Danger

The Biden administration’s recent decision to pause an arms sale to Israel elicited predictable reactions from advocates for both sides of the Gaza War represented in the United States, and while that decision did not stop other arms shipments to Israel, it underscores the political significance of arms sales as an instrument of US foreign policy and intervention in foreign conflicts. Joe Biden’s Department of State recommended the pause in arms...

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“Fallout” through a Liberty Lens

I realize that this is not usually the forum for television critiques, and I am certainly no television critic. Nonetheless, while I very much enjoyed the show, there were some issues raised in the new Prime drama Fallout that made my Austrian senses tingle. I often find that when I discuss politics or philosophy with people, I am constantly asked or expected to defend positions that I have never occupied and would never occupy.This seems due to...

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Don’t Call It Free Trade

Earlier this month, The Atlantic ran an article by Rogé Karma arguing that after nearly half a century of commitment to unmitigated free trade, politicians and thought leaders in both parties are making a historic turn toward protectionism. This characterization has been gaining popularity in recent years, appearing in articles and reports by both opponents and proponents of America’s supposed protectionist turn.From The Atlantic article:Since the...

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