The Borders between US States Are Obsolete
It's been more than 150 years since most state boundaries were drawn in the US. Since then, demographic and political realities have changed enormously. The boundaries should change too. Original Article: "The Borders Between US States Are Obsolete" This Audio Mises Wire is
They Won’t Leave Us Alone: The Invasion of Politics
The temptation and crucial flaw of a totalitarian mind are that everyone must play a part in a superstructural battle between good and evil. Standing on the sidelines or taking a neutral position on present topics is not allowed; one
Does Nozick Think Government Prevents the Hobbesian State or Do Others Misunderstand Him?
Aeon J. Skoble is an outstanding political philosopher, and, to my mind even better, he has honored me by contributing an excellent essay, “Anarchy, Nozick, and Gordon,” to my festschrift, Defending Liberty. In his essay, Skoble responds to my 2009
A Short Essay on Sound Monetary Policy
In a market economy, gold is sound money. There is no need for monetary authorities when gold rules. Original Article: "A Short Essay on Sound Monetary Policy" This Audio Mises Wire is generously sponsored by Christopher Condon.
Fiat Money Inflation Not Only Raises Prices but Also Undermines Division of Labor
The line for the self-checkout registers at my neighborhood Albertsons stretched into the store’s produce section. Is this human progress? I wondered, scanning my groceries—this just after I had filled my car’s gas tank at a not-so-convenient convenience store near
Family Destruction and Its Socialist Cheerleaders
Socialists don't just want to take your property; they also are demanding control of your children and loved ones. Original Article: "Family Destruction and Its Socialist Cheerleaders" This Audio Mises Wire is generously sponsored by Christopher Condon.
Don’t Call it Capitalism: The Fed’s $8 Trillion Hoard of Financial Assets
It’s a sure bet that as the economy worsens, unemployment surges, foreclosures rise, defaults climb, and economic misery ensues, we’ll be told it’s all capitalism’s fault. The question one must ask, however, is, “What capitalism?” The claim that “too much” capitalism
How the Fed Fuels the WEF’s Managerial Revolution
On this week's Radio Rothbard, Ryan McMaken and Tho Bishop celebrate World Economic Forum week by discussing the Managerial Revolution. While James Burnham's disinterest in economics made his criticism of capitalism cringey, modern financialization has manipulated the profit and loss mechanisms
The Modern State Cannot Exist without Fiat Money
The emergence of money is a market phenomenon. By surrendering fewer marketable goods for more marketable goods, individuals move closer to the goods they ultimately wish to consume but cannot acquire through direct exchange. The most marketable goods become common
The FDA and the Courts Fail to Truly Discipline the Pharmaceutical Industry for Exploiting the Mentally Ill
Does the regulatory system help guarantee safe and effective drugs? Does the system protect drug consumers? Court cases tell us otherwise. Original Article: "The FDA and the Courts Fail to Truly Discipline the Pharmaceutical Industry for Exploiting the Mentally Ill" This Audio