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Share this article Sir Halford Mackinder’s famous Heartland Theory was first formulated in the early 20th century, but it holds renewed relevance and importance today, especially when analyzed though a critical lens of the current geopolitical system, one that emphasizes individual freedom, limited government intervention, and skepticism of centralized power. Mackinder’s theory posits that control over the “Heartland” — roughly the region of Eastern Europe and...

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....

Tariffs have been a key instrument in government trade policies for centuries. For instance, one of the wealthiest ancient countries, Khazaria (7th-10th centuries CE), did not tax its citizens directly but instead imposed tariffs on all passing caravans due to its strategic location along major trade routes. In the United States, before introducing the federal income tax (1913), the government generated revenue primarily through tariffs. The role of tariffs is widely...

Ende Oktober dieses Jahres wurde die Free Speech Union Switzerland (FSUS) ins Leben gerufen. Ihr Ziel ist es, die Meinungsfreiheit in der Schweiz zu schützen und zu stärken. Als mitgliederbasierte Organisation bietet die FSUS ihren Mitgliedern Rechtsberatung und Unterstützung vor Gericht an, wenn sie von Zensur oder den Folgen der Cancel Culture betroffen sind. Weitere Informationen finden Sie auf der offiziellen Website: www.fsus.ch. Der Vorstand der FSUS setzt sich aus Professor...

After astounding achievements like performing seemingly-crazy and impossible feats of rocket engineering, making satellite internet service practical, rescuing social media from covert government censorship, and even managing to build battery-powered vehicles that are rather more useful and cool than golf carts, Musk slipped up and committed a colossal blunder recently. He took on an insurmountable challenge that even his extraordinary genius and indomitable will...

After astounding achievements like performing seemingly-crazy and impossible feats of rocket engineering, making satellite internet service practical, rescuing social media from covert government censorship, and even managing to build battery-powered vehicles that are rather more useful and cool than golf carts, Musk slipped up and committed a colossal blunder recently. He took on an insurmountable challenge that even his extraordinary genius and indomitable will...

EUR/CHF mildly falls on Friday as markets digest Eurozone HICP inflation data for November.  The Euro weakens as it does little to change the outlook for interest rates , a key driver of FX valuations.  CHF gains marginally on stronger GDP growth data but hamstrung by comments for the SNB’s President Schlegel.  EUR/CHF edges lower to trade on the 0.9300 handle on Friday after the release of Eurozone inflation data continues to suggest European...

Let me issue and control a nation’s money and I care not who writes the laws.—RothschildThe real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson...—FDRThe American people are suckers for the word “reform.” You just put that into any corrupt piece of legislation, call it “reform” and people say “Oh, I’m all for ‘reform,’” and so they vote for it or accept it.”—G....

A Tyranny for the Good of Its Victims: The Ugly Truth about Stakeholder Capitalism. By Andrew F. Puzder. Encounter Books, 2024; xiii + 335 pp.Andrew Puzder, who is both a leading business executive—he was the CEO of a restaurant chain that owns Carl’s Jr.—and an experienced attorney, tells a dramatic tale. The free market is by far the best economic system and has made possible, since the Industrial Revolution, a historically unprecedented rate of economic growth....

Listen to the Audio Mises Wire version of this article.The Thanksgiving holiday in the United States has a checkered past. Its more recent origins lie largely in government attempts at pushing propagandistic narratives. For example, Abraham Lincoln demanded Americans be thankful for ”the advancing armies and navies of the Union” during the Civil War. George Washington instructed Americans to give thanks for the new constitution in 1789. While Andrew Jackson refused...