The Progressives’ Liberal Democracy Has Failed. Radical Decentralization Is the Answer.
In many ways, the liberal democracy that had its roots in nineteenth-century liberalism seems to have run its course. Can we revive it, or does something more authoritarian take its place? Original Article: "The Progressives' Liberal Democracy Has Failed. Radical Decentralization
Dr. Thomas Szasz’s Campaign against Psychiatric Coercion and the “Therapeutic State”
During the Cold War, people were shocked to see the Soviet Union lock up dissidents in state mental institutions because being against socialism was “proof of mental illness.” Soviet psychiatrists were condemned for violating the Hippocratic oath, with one of
The Triumphant Foreign Policy of Warren G. Harding
President Harding wanted to see the end of war and a return to a more traditional American foreign policy. Original Article: "The Triumphant Foreign Policy of Warren G. Harding" This Audio Mises Wire is generously sponsored by Christopher Condon.
The Illusions of Hedonics
The term “hedonics” is derived from ancient Greek and basically means “pleasure doctrine”. It is also the doctrine which the Bureau of Labor Statistics (BLS) applies when calculating the price indices and for the computation of the real gross domestic
Ukraine’s Regime Is Now Kidnapping Fathers for Military “Service”
The Ukrainian regime thinks it knows better than husbands and fathers when it comes to caring for their families. But no bureaucrat ought to be allowed to make such a decision. Original Article: "Ukraine's Regime Is Now Kidnapping Fathers for Military
It Didn’t Begin with FDR: Currency Devaluation in the Roman Empire
The phenomenon of currency devaluation and its consequences is a process that not only occurred in modern times, but has much deeper roots, going back to antiquity. With the collapse of the Roman Republic, Caesar's grandnephew Gaius Octavianus, renamed Augustus, rose
There Is No Winner in This Trade War
Trade war means increasing the debt, eroding the public confidence, raising prices, and burdening the economy with interventions. All of it done in the name of the "public good." Original Article: "There Is No Winner in This Trade War" This Audio Mises
How Agriculture Bureaucrats Are Manipulating Food Prices—and Our Diets
With inflation at a forty-year high, it is the topic on everyone’s mind. US core inflation has reached 7.5 percent year over year, and the prices of certain goods, such as used cars and steak, are up as much as
We Must Now Learn the Lesson of 1914, not the Lesson of 1938.
With proponents of military intervention and war, it's always 1938, and every attempt to substitute diplomacy for escalation and war is "appeasement." Last week, for example, Ukrainian legislator Lesia Vasylenko accused Western leaders of appeasement over Moscow's invasion of Ukraine, stating "“This is