NATO Plans to Rip Off Americans Even More as Sweden and Finland Set to Join
Both Sweden and Finland have applied for membership within the North Atlantic Treaty Organization this week, with both countries ending their longstanding policy of neutrality. On Wednesday, several NATO members announced they would immediately extend NATO-like military defense to both
Inflation, War, and Oil: How Today’s Crises Are Rehashing the 1970s
Consumer price inflation has risen to 8.3 percent in April 2022 in the United States and 7.5 percent in the euro area. This raises the question of who is responsible. In the US, President Joe Biden has argued that 70 percent
Massive State Economic Intervention Has Led to This Point
Where are the US economy and the other advanced economies of the world now? In a word, it is stagflation. Stagflation (declining economic growth with rising inflation) is the new reality and there are three main clusters of factors that have
It’s Time for America to Ditch NATO
In the first episode of this new podcast, Ryan McMaken and Zachary Yost discuss NATO, Turkey, Russia, and why the USA needs to leave it all behind. Be sure to follow War, Economy, and State at Mises.org/WES.
Property Rights Are Human Rights
Much is heard these days of the distinction between human rights and property rights, and many who claim to champion the one turn with scorn upon any defender of the other. They fail to see that property rights, far from
It Just Might Be Time to Listen to the Austrians
While it is sometimes portrayed as a trivial assortment of anecdotes and odd or mistaken experiments, stripped of its hyperbole and properly contextualized, behavioral economics can offer insights to Austrians seeking to optimize their own outcomes. At its most basic level,
Understanding Russia’s War: The Strange Philosophy of Aleksandr Dugin
Russians are “eschatologically chosen.” They must stand against the false faith, the pseudoreligion of Western liberalism and the spread of its evil: modernity, scientism, postmodernity, and the new world order. This is the thesis of Aleksandr Dugin, the prominent Russian philosopher,
Woke Isolationism: McDonald’s Closes All Stores in Russia
McDonald’s Corporation has announced it will permanently leave Russia, closing 850 outlets. The company’s chief executive Chris Kempczinski explained the move was motivated by “the humanitarian crisis caused by the war in Ukraine" and that the current situation does not
A Medical Revolt Is Coming
While the Free Market Medical Association [FMMA] is made up of buyers, sellers, and intermediaries, we decided this year to focus primarily on buyers. That decision inspired the remarks I'll make today. We have always believed that the growth of this
Was Jean-Baptiste Say a Market Anarchist?
Jean-Baptiste is certainly best known for his famous Law of Markets (la loi des débouchés) also referred to as Say's Law. Though Say's Law is one of the key points of the classical school of economics, the manner in which