Ryan McMaken joins the show for a lengthy discussion of Rothbard’s brief but devastating essay Anatomy of the State. This book demands that readers understand the stark nature of government, without fairy tales or niceties. It applies the same lens to public and private criminality. It challenges every myth surrounding politics and statecraft, ranging from “the… Read More

[S]ince love and fear can hardly exist together, if we must choose between them, it is far safer to be feared than loved.  — Niccolò Machiavelli, The Prince, 1513 All animals experience fear—human beings, perhaps, most of all. Any animal incapable of fear would have been hard pressed to survive, regardless of its size, speed,… Read More

On April 8, 2021, President Biden addressed the public concerning new executive orders he is planning on putting through. This will be on top of the forty-eight other executive orders that have already come from the man who just last October was saying, “I have this strange notion—we are a democracy … [there are] things… Read More

[Chapter 13 of Rothbard’s newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] From the very beginning of the great emerging struggle over the Constitution the Antifederalist forces suffered from a grave and debilitating problem of leadership. The problem was that the liberal leadership was so conservatized that most of them agreed that centralizing… Read More

The Nordic countries draw attention from democratic socialists in America thanks to their high tax rates, strong welfare states, and supposedly tight regulation of enterprise. The final indicator, however, is not exactly true: every single Nordic country except Finland ranks in the top ten on the World Bank’s Ease of Doing Business Index, and they maintain high… Read More

[Excerpted from The Anti-Capitalistic Mentality (1954).] A superficial observer of present-day ideologies could easily fail to recognize the prevailing bigotry of the molders of public opinion and the machinations that render inaudible the voice of dissenters. There seems to be disagreement with regard to issues considered as important. Communists, socialists, and interventionists, and the various… Read More

Even those who vaguely follow the cryptocurrency markets (as I am sure many readers of the Mises Wire do) are likely to have seen the recent news on this front from India. The Indian government is proposing legislation to “ban” cryptocurrencies. Given the present segmentation of the Indian government, it is expected that this law will… Read More

Last week, Indiana Governor Eric Holcomb vetoed a bill that would limit gubernatorial authority in declaring emergencies. The bill would allow the General Assembly to call itself into an emergency session, with the idea that the legislature could then vote to end, or otherwise limit, a governor’s emergency powers. Although both the legislature and the… Read More

[This article is part of the Understanding Money Mechanics series, by Robert P. Murphy. The series will be published as a book in 2021.] The “yield curve” refers to a graph showing the relationship between the maturity length of bonds—such as one month, three months, one year, five years, twenty years, etc.—plotted on the x axis, and… Read More