As the long-hyped Ukrainian counteroffensive against Russia stalls and a new war in Gaza draws the world’s attention, American support for funding Kyiv’s war has waned. In an effort to reverse this, the Biden administration is changing its messaging. A Politico report from last week details how White House aides are now telling members of Congress to sell Americans the lie that continuing to send money and weapons to Ukraine is good for the economy. President Joe...
Read More »How German Exports Lost the Race with China
Germany is the euro area’s economic powerhouse and most competitive economy. It accounts for close to 30 percent of the euro area gross domestic product (GDP) and has recorded sizable current account surpluses since the introduction of the euro. Substantial fiscal and labor market reforms in the early 2000s propelled the German economy. However, these golden days seem all gone now. Years of misguided energy policies—part of the government’s interventionist green...
Read More »A Rothbardian Critique of Effective Altruism
"Effective altruism" has become a buzzword with modern progressives who seek to combine state power and billionaire-funded nonprofits to redirect resources. Original Article: A Rothbardian Critique of Effective Altruism [embedded content] Tags: Featured,newsletter
Read More »China’s Inefficient and Unsustainable Central Planning
Over one hundred years ago, Ludwig von Mises wrote about the impossibility of successful rational economic planning under socialism. Yet China is still trying, even while its blend of markets and socialism results in shortages and surpluses. This article examines three contemporary initiatives spearheaded by Xi Jinping, each marked by an inherent problem: food insecurity, the aging crisis, and the real-estate bubble. Each problem was created by legislation and is...
Read More »The Inherent Evils of Centrism
Most people will claim to be political and social “moderates” yet actually accept extreme socialist viewpoints. Original Article: The Inherent Evils of Centrism [embedded content] Tags: Featured,newsletter
Read More »Government-Enforced Paid Family Leave Is Not Pro-Family
Christianity Today magazine enthusiastically endorses government-enforced family leave, calling it “pro-family.” Government coercion, however, is still violence, not something to be championed. Original Article: Government-Enforced Paid Family Leave Is Not Pro-Family [embedded content] Tags: Featured,newsletter
Read More »Statism Is the Cause of the Israel-Hamas War
The State is an organized crime racket. It appropriates wealth by coercion and regularly uses force in violation of the n0n-aggression principle. The State is a parasite that perpetuates itself at all costs and extends itself by any means possible. Regardless of its putative leaders, the State grows and increases its power at the expense of its hosts and others who fall victim to its predations. As Hans-Hermann Hoppe poignantly wrote, States are “gangs of murderers,...
Read More »Mises Institute Announces Dr. Thomas DiLorenzo as President
For Immediate Release Auburn, Ala. – The Mises Institute announced that Thomas DiLorenzo has been named its next president, following approval by its Board of Directors. DiLorenzo has a long and distinguished career as an academic economist, author, and speaker. He was Professor of Economics at Loyola University, Maryland, from 1992 to 2020. He served previously as the Probasco Chair of Free Enterprise at the University of Tennessee at Chattanooga, Assistant and...
Read More »Mises Apprenticeship 2024
"Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of a man's human existence." —Ludwig von Mises The strength of the Austrian school has always been grounded in its ability to speak clearly about the issues vital to preserving human civilization. While there is no substitute for the...
Read More »Canadian Digital Protectionism Gravely Threatens Free Speech
In 2023, Canada’s parliament passed two significant pieces of legislation, Bills C-11 and C-18, both of which have stirred debates and concerns regarding their potential impact on online freedom and political censorship. Bill C-18, commonly known as the Online News Act, was introduced in the forty-fourth Canadian Parliament and received royal assent on June 22, 2023. This legislation introduces a framework mandating digital news intermediaries, including search...
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