America’s “Great Men” and the Constitutional Convention
[Chapter 13 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] From the very beginning of the great emerging struggle over the Constitution the Antifederalist forces suffered from a grave and debilitating problem of leadership. The problem was
If the Nordic Countries Are Socialist, So Are These Three
The Nordic countries draw attention from democratic socialists in America thanks to their high tax rates, strong welfare states, and supposedly tight regulation of enterprise. The final indicator, however, is not exactly true: every single Nordic country except Finland ranks in the
90 million jobs to be generated under Gig Economy
A gig economy can be defined as a market system characterized by non-traditional workplace arrangements where workers work independently on a short-term or temporary basis for one or multiple organizations. It consists of all types of contingent work contracts which
The New Deal and Recovery, Part 12: Fear Itself
"This great Nation will endure as it has endured, will revive and will prosper. …[T]he only thing we have to fear is fear itself." — FDR, in his first inaugural address. "There is no place for industry; because the fruit thereof
Fedcoin to the Rescue?
It could take several years. But “Fedcoin'' is on its way and soon will be our reality. The question is: Will Fedcoin make our lives easier or just the Fed’s? Original Article: "Fedcoin to the Rescue?" This Audio Mises Wire is generously
When Measured by Real-World Outcomes, Capitalism Delivers
Nathan Robinson is an erudite socialist who frequently argues for the superiority of socialism over capitalism. He is the editor of Current Affairs and is the author of Why You Should Be a Socialist (All Points Books, 2019). He’s made
The Bigotry of the Literati
[Excerpted from The Anti-Capitalistic Mentality (1954).] A superficial observer of present-day ideologies could easily fail to recognize the prevailing bigotry of the molders of public opinion and the machinations that render inaudible the voice of dissenters. There seems to be disagreement with
Printing Money Can’t Replace Real Savings
Between January 1970 and December 2020 on average changes in money supply preceded changes in real economic activity by fourteen months, as depicted by real gross domestic product (GDP). Based on this it is tempting to suggest that a strengthening in the
The Feds Are Pushing Pension Funds toward “Socially Responsible Investing”
Federal regulators are claiming "socially responsible investing" can be just as good as traditional investing in terms of gaining returns for retired workers. But if that's true there's no need for regulations pushing these investments at all. Original Article: "The Feds
88 Years Ago, FDR Banned Gold. Will a Bitcoin Ban Be Next?
As FDR’s gold crackdown showed, tyrants know the importance of controlling money in a time of crisis. It appears cryptocurrency could be central banks' next target. Original Article: "88 Years Ago, FDR Banned Gold. Will a Bitcoin Ban Be Next?" This Audio