Yes, They Are Coming for the Oil Companies
The Biden administration will use the SEC to squeeze oil and gas companies on "climate risk." As is typical for progressive schemes that drive up the cost of living, the working classes will suffer the most. Original Article: "Yes, They Are
“Idle Resources” Are Problems Caused by the Central Bank
It is not possible to replace productive credit by means of the easy monetary policies of the central bank. If this could have been done, then the world would have already ended poverty. Original Article: "'Idle Resources' Are Problems Caused by the
A Libertarian Theory of War
The libertarian movement has been chided by William F. Buckley, Jr., for failing to use its "strategic intelligence" in facing the major problems of our time. We have, indeed, been too often prone to "pursue our busy little seminars on
Three Things the Fed Must Do to Normalize Bond Markets
Policy normalization—defined as closing down the nonconventional toolbox and restoring a well-functioning price-signaling mechanism to the bond market—is difficult but possible. Original Article: "Three Things the Fed Must Do to Normalize Bond Markets" This Audio Mises Wire is generously sponsored by Christopher
Who Will Build the Roads? Anyone Who Stands to Benefit from Them.
The appropriate question is not “Who will build the roads?” but rather “Who will pay for them without taxation?” History suggests the answer is "lots of people" and the "public goods" theory is wrong. Original Article: "Who Will Build the Roads?
Marxism versus Libertarianism: Two Types of Internationalism
There are two main philosophical and ideological schools of thought that include the problem of internationalism in their principles. The first is liberal internationalism, which developed within the framework of classical liberalism. The second is orthodox Marxism and its various
Contract Rights Are Not the Same as Natural Rights
Purchasing Submission: Conditions, Power, and Freedomby Philip HamburgerHarvard University Press, 2021, 320 pp. Philip Hamburger has made a revolutionary contribution to American constitutional law. He shows that what is often regarded as a narrow topic, “unconstitutional conditions,” of interest only to
Daniel McAdams on the Ron Paul Doctrine
Daniel McAdams of the Ron Paul Institute joins the show to discuss what might be termed the Ron Paul Doctrine: a combination of laissez-faire at home, decentralized domestic political power (up to and including secession), robust free trade, and strict
GDP Tells Us Little about the Health of an Economy
If people decide to save rather than spend, this could lead to a fall in GDP, even though people are becoming better off beyond the short term. Original Article: "GDP Tells Us Little about the Health of an Economy" This Audio Mises
What Spooner Can Teach Us in Our Age of Neofascism
Neo-Spoonerism: there is no treason against the federal government, because the federal government does not abide by the document which it claims as its foundational authority to govern. Original Article: "What Spooner Can Teach Us in Our Age of Neofascism" This Audio