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Tag Archives: 6b) Mises.org

The Problem with Open Borders

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss immigration. While many libertarians have adopted an absolutist open borders position on immigration, there are a number of other factors that should be considered. Ryan and Tho look at the case of small states and the issues raised by government intervention. "Why Open Borders Don't Work for Small Countries" by Ryan McMaken: Mises.org/RR_168_A "Mises on Nationalism, the Right of...

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Can an Easy Money Policy Increase Employment of “Idle Resources”?

Whenever an economy falls into a recession, many economists point out that the economic slump means there will be idle capital and labor. Resources that could be employed are now unemployed because the economic slump has softened aggregate demand for goods and services. So-called experts believe the government must increase the overall demand in the economy since stronger demand will permit idle resources to be employed again. Hence, many economists recommend that...

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History vs Economics: Explaining the Causes of the Great Depression

“Who controls the past now, controls the future. Who controls the present now, controls the past.” That is from “Testify,” a song by newly minted rock ‘n’ roll Hall of Famers Rage against the Machine. I don’t know if Phillip W. Magness of the American Institute for Economic Research is fan enough to be familiar with that, but I bet he knows the original source: George Orwell’s 1984. Whether or not it informed a recent study he coauthored is unclear, but that line has...

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The Establishment Is Unmasking Itself

Two weeks ago, I wrote an article laying out the political class’s struggle to preserve its legitimacy by fighting to regain control over the digital information space. The piece built on Martin Gurri’s thesis that the wide adoption of the internet has caused an information revolution that, similar to the adoption of the printing press, has allowed dissent to grow and spread beyond the control of the ruling classes. The results have been political shocks like the...

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Immigration and Geopolitics: Should Latvia Have an Open Border with Russia?

In the debate over immigration among laissez-faire liberals and libertarians, one aspect of the open-borders side becomes quickly apparent: the debate generally ignores problems related to geopolitics such as international conflict, ethnic strife, and expansionist states. Rather, the libertarian advocates of open borders tend to focus overwhelmingly on why rich countries should open their borders to migrants from lower-income countries. These open-border arguments...

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America’s Fiat Money Gestapo: The Untold History of the Secret Service

There is an untold story in American monetary history. Some are reluctant even to discuss it. I’m referring to the US Secret Service’s very own role in the destruction of sound money in America. As constitutional, sound money in the form of physical gold and silver coins—whether minted privately or not—became an annoying impediment to expanding the size and power of the federal government, central planners began circulating unbacked paper proxies and formed...

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