Tag Archives: 6b) Mises.org

There will never come a time when all human beings are in full ideological agreement, which is why free speech is of paramount importance to peaceful co-existence. Free speech is the only foundation on which men who disagree with each other can debate their opposing ideologies, or even hurl insults at each other if so inclined, but ultimately all the protagonists can do is try to persuade each other. All this changes when the state gets involved and decides to wield...

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 order....

On Saturday night, Donald Trump announced he intends to appoint Kash Patel as director of the FBI. The news sparked an immediate frenzy from establishment figures across media and politics. Legal and national security “experts” were deployed to the Sunday morning news shows to characterize the move as evidence that Trump intends to politicize the FBI and use it as a weapon against his many political opponents.The political establishment’s concerns about what a Trump...

The biggest mistake America has ever made since the nation’s founding was the conversion of the federal government from a limited-government republic to a national-security state. If the American people are ever going to achieve a genuinely free society, a necessary prerequisite is the dismantling of the national-security establishment and the restoration of America’s founding governmental system of a limited-government republic.America’s national-security state is a...

Jean Claude Escalante’s From Indentureship to Entrepreneurship is an extraordinary exploration of the Indo-Trinidadian community’s journey from humble indentured laborers to influential figures in the arenas of academia, commerce, and industry. Escalante skillfully dismantles common assumptions that attribute Indo-Trinidadian success solely to preferential colonial policies, instead presenting a nuanced analysis that emphasizes the community’s resilience, cultural...

“All animals are equal, but some animals are more equal than others.”―George Orwell, Animal FarmThe nation’s deposit insurer (FDIC) let slip the other day which large depositors were bailed out when Silicon Valley Bank (SVB) failed last spring. SVB banked the nation’s tech illuminate.Its failure exposed fractional reserve banking’s Achilles heel when a bank run was initiated via social media and carried out with depositors moving money on their cell phone apps. The...

[Editor’s Note: In this selection from his new essay “Seeds of Resistance,” William Hartung provides some interesting context on the important role of public opinion and public pressure in pushing back against aggressive foreign policy in any presidential administration. Essentially, Hartung expresses hope that perhaps Trump will be something like Ronald Reagan whose bellicose pre-election rhetoric was far worse than the actual policies that Reagan eventually...

Elon Musk’s so-called Department of Government Efficiency (DOGE) has been making a lot of noise about all the federal employees it plans to fire. The DOGE people have framed total federal employment as something of a proxy for the total size of the federal government.  Cutting the federal workforce is all well and good, but in reality, the size of the federal payrolls doesn’t really tell us much about the growth of the federal government. Federal employment has been...

The history of slavery in the United States cannot be covered in a brief article, but one point that is important to address in the context of contemporary “antiracist” debates is the notion that slavery was historically supported by the South and opposed by the North. The aim of antiracists, in advancing that notion, is to justify the destruction of Confederate monuments, the proscribing of Confederate flags, and the renaming of military bases. It is, therefore,...

With much consternation, capital markets participants are watching US treasury bond yields go up while Jerome Powell and the Fed continue to lower the Fed Funds Rate in an effort to spur another round of easy money.The Fed Funds rate is a short-term interest rate used for interbank borrowing. US treasury bonds are medium-long term securities that represent the sovereign debt of the US government, so the yield on those bonds represents the US government’s cost of...