Many people who know anything about the Bureau of Alcohol, Tobacco, Firearms, and Explosives (BATFE, or ATF for short) will know they started off as a “harmless” tax collecting agency that eventually turned into a law enforcement agency in its own right. In other words, they evolved from a bunch of glorified robbers with mechanical calculators and spreadsheets into a gang of violent thugs with guns and badges. This transformation became obvious to the world in the...
Read More »Freedom of Association
Editors Note: This week, we are celebrating Lew Rockwell’s 80th Birthday and the debut of our trailer for Playing With Fire: Money, Banking, and the Federal Reserve. Click here to learn more.It seems incredible that in the last days, a fundamental right of the whole of humanity, the freedom of association, has been denounced by the New York Times and all major opinion sources, even as a national political figure was reluctant to defend his own statements in favor of...
Read More »The State Does Not Create Value-Enhancing Jobs
For quite a considerable amount of time, the topics of job creation and unemployment have been central to every political campaign in almost every country. It hasn’t been without good reason, either, since job security is one of the most important factors in someone’s career. Therefore, a candidate who can promise to create more jobs and sustain job growth would appear on paper to be the better candidate. However, there are few policies that promote greater havoc...
Read More »Defending Gaza (II): Israel Indicted, Palestinians Validated In Fact, Law & Hoppean Argumentation
Israel is engaged in the mother of all performative contradictions: denying genocide, while committing genocide, all the while demanding the right to genocide.The Jewish State is genocidal not because it has been denounced as “genocidal” by ostensible “antisemites” and “terrorist sympathizers,” but by virtue of its actions. Israel is genocidal by virtue of what it has done to Gaza, the people and their land.Shortly after October 7, 2023, conceptions of vice and...
Read More »Full Reserve Banking versus the Real Bills Doctrine
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....
Read More »Julian Assange, the Chevron Doctrine, and the Case against Pessimism
Last week was an excellent week. On the night of Monday, June 24, news broke that Julian Assange had entered into a plea agreement with the United States government. Less than forty-eight hours later, after being in various forms of confinement for twelve years for publishing classified material the United States government didn’t want the public to know about, he landed in his home country of Australia as a free man.After spending years working to get Assange...
Read More »Mises and Liberty
Editors Note: This week, we are celebrating Lew Rockwell’s 80th Birthday and the debut of our trailer for Playing With Fire: Money, Banking, and the Federal Reserve. Click here to learn more.This was the keynote address at the Ludwig von Mises Institute’s new building dedication and conference on the great Austrian economists, June 5-6, 1998, in Auburn, Alabama. * * * *We come together at a crucial time in the history of the Mises Institute and the history of...
Read More »From Milk Runs to MAD to Madness
There are no secrets about the world of nature. There are secrets about the thoughts and intentions of men.—J. Robert OppenheimerNo big deal, it was just “a milk run.”So remarked Paul Tibbets Jr., pilot of the Enola Gay, a United States B-29 Superfortress, describing his trip to Hiroshima, Japan, on August 6, 1945. His cargo that early morning was an atomic bomb called “Little Boy,” which bombardier Major Thomas Ferebee released when the plane was directly over the...
Read More »No Turn Around Tuesday as Greenback Remains Firm
Taking the next few days off. Will be back with week ahead commentary on July 6. Overview: The sharp jump in US long-term interest rates has helped lift the greenback in recent sessions and it remains firm against most of the G10 currencies today. The Canadian dollar is the best performer, and it is nearly flat. The intraday momentum indicators warn that after a mostly consolidative Asia Pacific and European morning, the greenback may probe higher in North...
Read More »What Price Charity?
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....
Read More »