By: Per Bylund President Donald Trump followed his announcement of steel and aluminum tariffs with a declaration that “trade wars are good, and easy to win” — a stance economists and members of his own political party immediately challenged. Not long after the U.S. announced its tariffs, international trading partners threatened retaliatory fees against American… Read More
By: Gary Galles In 1958, Foundation for Economic Education guiding light, Leonard Read, presented a series of lectures in Argentina against the backdrop of an economy decimated by mis-government which shares a great deal with the same country six decades later. The lectures became a small book– Why Not Try Freedom?—an excellent encapsulation of Read’s… Read More
By: Tho Bishop In the year 2018, it is not remotely shocking to see media attention shift seamlessly from reality show villains to former CIA directors. The Trump Administration’s announcement that it has revoked the security clearance for John Brennan, America’s former Communist-sympathetic spymaster, naturally resulted in a race to see who among the professional… Read More
By: Ryan McMaken The Colorado Civil Rights Commission is at it again. It’s going after Masterpiece Cake Shop owner Jack Phillips for refusing to “make a cake with a pink inside and a blue outside, celebrating a gender transition from male to female.” This comes only months after the US Supreme Court ruled against the… Read More
By: This week President Trump signed the 2019 National Defense Authorization Act, increasing America’s war budget to a whopping $717 billion. For comparison, this is roughly equal to the next 11 highest military budgets combined. In fact, the $107 billion increase from last year alone is roughly equal to the total military spending of Russia… Read More
By: Mark Thornton, Thomas E. Woods, Jr. Recently Mark Thornton joined the Tom Woods Show to discuss his new book The Skyscraper Curse, and How Austrian Economists Predicted Every Major Economic Crisis of the Last Century. Download the show here. Source: mises.org/power-market
By: Jeff Deist The mission of the Mises Institute, as presaged by Ludwig von Mises in his 1962 review of Murray Rothbard’s Man, Economy, and State: If we want to avoid the destruction of Western civilization and the relapse into primitive wretchedness, we must change the mentality of our fellow citizens. We must make them realize what… Read More
By: Ron Paul One of the few positive things in the ill-named USA FREEDOM Act, enacted in 2015 after the Snowden revelations on NSA domestic spying, is that it required the Director of National Intelligence to regularly report on its domestic surveillance activities. On Friday, the latest report was released on just how much our… Read More
By: Tho Bishop It’s amazing what you can find in the Mises digital archives. Here is a lecture by Ludwig von Mises on Socialism that he gave at the University of Houston. In the audience was a doctor from Lake Jackson, TX. After listening to this talk, he decided to run for Congress. This was… Read More
Please don't fall for tax reform. It’s a con, and a shell game. It's a promise every presidential candidate makes, including Trump. But we ought to be suspicious of grandiose talk about Congress reforming anything. Tax reform proposals always evade and obscure the real issue, which is the total cost– financial, compliance, and human– taxes impose on society. The… Read More
My father was Hugo Salinas Rocha -“Salinas” was his father’s surname, and “Rocha” was his mother’s surname; the custom of using both parents’ surnames is universal in Latin America. Father was a successful merchant in Mexico City, and in the 1930’s he ran a store in downtown Mexico City. The store belonged to a company… Read More
Submitted by Matthew McCaffrey via The Mises Institute, “Uneducated” is the favorite insult and excuse of the political left. In the past year alone, for example, a lack of education among voters has been used to explain each of the left’s electoral failures, as well as to dismiss criticisms of its people, policies, and institutions.… Read More