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The stock-in-trade of all Socialist authors is the idea that there is potential plenty and that the substitution of socialism for capitalism would make it possible to give to everybody “according to his needs.” Other authors want to bring about

Sometimes people wonder whether philosophy is of any use in understanding daily life. Aren’t philosophers “in wandering mazes lost”? Away with such nonsense, say some. Elaine Sternberg illustrates by her example that this view is wrong. In her excellent Economic

In the months since Angela Merkel’s departure from the German chancellorship after sixteen years in power, the editorials praising her reign have been legion. This is not one of them. Original Article: "The Legacy of Angela Merkel: Kicking the Can Down

Egypt is considered a former socialist state and a country where the tentacles of Marxism can still be found, buried deep within almost every institution, something I have observed having lived there many decades. As I watch and listen to so-called leftists and

Having been lied into war in Iraq in 2003, the American public swore it had wised up. Sure, it went on to drop the ball by supporting the Libya intervention, itself prefaced by lies, and supported the government’s intervention in

In this episode of Radio Rothbard, Ryan McMaken and Tho Bishop talk about this year's Austrian Economics Research Conference and the value of interdisciplinary approach. Watch AERC at Mises.org/LIVE Be sure to follow Radio Rothbard at Mises.org/RadioRothbard.

During the French and Indian War (1754–1763), Americans continued the great tradition of trading with the enemy, and even more readily than before. As in King George's War, Newport took the lead; other vital centers were New York and Philadelphia.

Currently, 63 percent of American adults are on prescription drugs, according to a 2021 survey. Of this 63 percent of Americans, 26 percent say they have difficulty affording their prescriptions. Despite the prices of prescription drugs falling in recent years,

Global supply shocks are historically rare events. All the more extraordinary to have two such shocks in quick succession—the second arriving even before the first has entirely faded away. That is what the world now experiences in the form of

From economic power to demographics to military spending, Russia simply doesn't have the ability to be a great power that threatens anyone outside its "near abroad." Original Article: "Russian Weakness and the Russian "Threat" to the West" This Audio Mises Wire is