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Why Libertarianism Is Flourishing in Polish Universities

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Łukasz Dominiak, a Mises Fellow and Associate Professor at Nicolaus Copernicus University in Poland. He shares the unique...

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Savor the Taste of Independence, Grow Your Own!

Growing your own tomatoes can be rewarding far beyond the sweet taste of your crop. The traditional extra benefits keep bringing many of us back season after season. If you’re a gardener, you know the...

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The Non-Austrian Theory of the Nonbusiness Cycle

The Prophets of Doom by Neema Parvini Imprint Academic, 2023; 227 pp. It was to be expected that Neema Parvini would give us an excellent book, and he has not disappointed us. Parvini is an...

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Why Politicians and Bureaucrats Choose Politics over Sound Economics

We are taught from a very young age; “Government works for you”, or “the Government is the embodiment of the populous.” We accept these slogans blindly and carry on day to day. However, reality does...

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The Myth of the Equilibrium Interest Rate

“Fast thinking” is a corrupting short-cut in mental processes which the late Daniel Kahneman identified by experiments in financial decision-making. Fast thinking plagues the market-place as it...

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Disappointing News

The inflation news from the Federal Reserve is once again disappointing. All the measures were up and higher than predicted by the experts. Mark recaps this news and compares his guesses about the...

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The Hazards of "Colorblind Equality"

The words of Lewis Carroll are often cited in reference to the culture wars and the redefinition of words whose meaning used to be regarded as plain. “When I use a word,” Humpty Dumpty said in rather...

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The Lords of Easy Money, The Price of Time and Austrian Business Cycle Theory

Two books have recently been published on post-2007-2008 financial crisis history. The first is The Lords of Easy Money: How the Federal Reserve Broke the American Economy by Christopher Leonard and...

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Renato Moicano: "If You Care About Your...Country, Read Ludwig von Mises."

Last night, Brazilian fighter Renato Moicano went viral after his victory over JalinTurner at UFC 300, giving a shout-out to Ludwig von Mises himself. 'I love America, I love the Constitution...I want...

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"Don't Do Something! Just Stand There!"

The city of San Antonio’s Status on Poverty Report was released recently, and the response was predictable. “I just want . . . some sort of an action plan.” Council should “better direct” taxpayer...

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Human Action on Its 75th Anniversary Helps Us Understand How Statism Has...

The seventy-fifth anniversary of Ludwig von Mises’s Human Action invites us to ponder on Mises’s scholarly achievements and how the economic mainstream has not yet caught up to his advances in...

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Is Private Property Simply a Racial or Social Construct?

In a 1964 article in the Yale Law Journal titled The New Property Charles Reich argued that “government largesse” is an increasingly important source of wealth and should thus be understood and...

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Artificial Intelligence and Irrational Fears

Where’s Jerry Garcia of the Grateful Dead? Seriously, what list of the greatest rock guitarists of all time would not—could not—include him? Sure, I know the internet article was just some teaser to...

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What Fed “Independence” Really Means

A recent undercover video interview with a Fed economist by a Daily Caller reporter contains explosive revelations about the profoundly anti-democratic doings of the Fed. In the video, Federal Reserve...

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Can John C. Calhoun Save America?

In an essay entitled “A Strategy for the Right” the late economic and libertarian scholar, Professor Murray N. Rothbard, called John C. Calhoun’s Disquisition on Government “one of them most brilliant...

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Iran's Attack on Israel Provides an Opportunity to De-escalate

Over the weekend, the Iranian military launched hundreds of drones and missiles toward Israel. Israeli, American, and Jordanian air defenses reportedly intercepted and shot down almost everything Iran...

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Murray Rothbard Understood the Importance of Self-Ownership

In Aristotle’s well-known Ethics , he poses an age-old question: Can reasoning guide action, and should it direct our way of living? Unfortunately, this question loses its relevancy when put in the...

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Classical Liberal Roots of the Marxist Doctrine of Classes

Few ideas are as closely associated with Marxism as the concepts of class and class conflict. It is, for instance, impossible to imagine what a Marxist philosophy of history or a Marxist revolutionary...

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Social Security and the Decline of the Employer Pension System

The Social Security Act is considered the first federal social welfare program in American history, being signed into law by President Franklin Roosevelt in 1935. American government pensions have...

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Murphy’s Exposé on Money and Banking

The consequences of this short-lived paradise [inflation] are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption,...

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The Tiny Island That Serves As a Tripwire for War between the US and China

Earlier this year, the Academy of Motion Picture Arts and Sciences nominated Island in Between in the Best Documentary Short Film category at the ninety-sixth Academy Awards. Although it didn’t end up...

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Tariffs Are Taxes on Americans—But Protectionists Pretend Otherwise

During the 2016 and 2020 campaigns, Trump's opponents in the Democratic party (and elsewhere) often pointed out that Trump's protectionism hobbles private markets and the economy overall. Yet, the...

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Renato Moicano Cares About His Country More Than Sohrab Ahmari

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss Renato Moicano's viral Mises moment and the backlash it received from pundit Sohrab Ahmari.Discussed on the Show "Six Graphs...

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Climate Worries Are Non-Credible, Luxury Beliefs That Harm Civilization Itself

I live in a small village at the edge of lands surrounded by very harsh nature. Those who occupied these valleys in ages past lived ruthlessly dangerous lives, where starvation was a constant worry,...

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The PPI Again!

In this week's episode, Mark takes another look at the Producer Price Index. As suggested in an episode from September 2023 (see Mises.org/MI_35), the PPI has indeed leveled off and is no longer...

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Robeyns Peter to Pay Paul

Limitarianism: The Case against Extreme Wealthby Ingrid RobeynsAstra House, 2022; 301 pp. Some people have vastly more income and wealth than others, and this situation greatly disturbs Ingrid...

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Biden Perpetuates Washington's Idiotic Steel Trade Policies

Joe Biden is seeking to boost his reelection campaign by torpedoing Chinese imports. In an April 17 speech in Pittsburgh, the symbolic heart of the steel industry, Biden announced that he asked his US...

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Seditious Conspiracy: A Fake Crime and a Danger to Free Speech

A presentation from "Censorship and Official Lies: The End of Truth in America?" This event was co-hosted by the Mises Institute and the Ron Paul Institute, and recorded in Lake Jackson, Texas, on...

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Is Libertarianism Just Another Form of Critical Theory?

There’s no shortage of ill-informed criticisms of libertarian theory across all sides of the political spectrum. To most leftists, the libertarian is selfish, greedy, elitist, disdainful of the poor,...

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Wokism, Marxism and the Failures of Academic "Liberalism"

Ludwig von Mises’s 1927 book Liberalism: In the Classical Tradition is increasingly important in a time when so many conflicting ideologies march under the banner of liberalism. For example, according...

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Why the US Debt Is Unsustainable and Is Destroying the Middle Class

In a recent tweet, a talented financial analyst and investor stated: “The “debt is unsustainable” narrative has been around for 40 years plus. What’s astonishing to me is how the people who push this...

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We Need to Do with the State What We Have Done to Slavery

This article is based on chapter 8 of my 2020 book , Do Not Consent: Think OUTSIDE the Voting Booth. If someone asked you to define “free market,” could you? Could you do it on the spot without...

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Can There Be Justice Outside of the State? Yes

People tend to think of a fair justice system as one of the cornerstones of a free and flourishing society. Yet most of us are resigned to the idea that it can only be delivered at the hands of the...

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Countering the Neoconservative Defense of the British Empire

One of the worst novels of the nineteenth century, aesthetically and politically, is Julius Vogel’s Anno Domini 2000 (1889). It is stylistically absurd because the author was a statesman with no...

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UK Railways Are Reverting to the Disaster of State Ownership

Transport for the North, a collection of the Northern Transport Authorities and some business leaders, will be calling for Avanti West Coast’s rail franchise to be stripped from it after continued...

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Conservatives Are Wrong on Economics. Here's How to Fix the Problem.

Argentinian president Javier Milei didn’t settle for advocating free market ideals to the cronyist elite attendees at the World Economic Forum . He also delivered a remarkable speech at the...

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Anarchy, State and Utopia: Robustly against Redistributive Taxation for 50 Years

Robert Nozick’s classic of political philosophy Anarchy, State, and Utopia turns fifty this year. His blasting of the redistribution of wealth shook academia to its core in 1974, and its intellectual...

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The FBI and CIA Are Enemies of the American People

Joe Rogan and Tucker Carlson sat down for a three-hour-plus discussion on the Joe Rogan Show last week, covering everything from UFOs, to religion and artificial intelligence. But perhaps the most...

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Cowardice, Not Courage, Led House Republicans to Side with the Democrats

Over the weekend, the House of Representatives passed four foreign aid bills that will allocate a combined $95 billion to Ukraine, Israel, Taiwan, and other “national security priorities.” House...

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Does Libertarianism Reject Communities? Libertarianism Actually Strengthens Them

Many opponents of libertarianism claim to reject its philosophy because of its extreme individualist tendencies or because they believe it encourages selfishness. While there are libertarians who are...

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Driver's Licenses Waive Personal Responsibility and Contribute to Disorder on...

Driving home one Friday afternoon, I got stuck behind an elderly woman going twenty miles per hour under the speed limit. The speed limit was forty-five. We were on a country road, so I couldn’t pass...

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Woods Exposes the Federal Reserve System

The first thing to know about Dr. Thomas E. Woods, Jr.’s’ book Our Enemy, the Fed is he’s giving it away. Click the link, get your copy and read the whole book. Clearly, such intellectual charity is...

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The Danger of the West’s Neglect of Individual Rights

Though the Western political class constantly criticizes the “authoritarian” nature of certain nations, one should sweep in front of his own door first, to paraphrase Johann von Goethe. Indeed,...

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Javier Milei vs. the Status Quo

Javier Milei’s administration is generating much deserved commentary, both positive and negative. Critical discussion is vital since he is the first libertarian president, so keeping a distance...

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Abolish the CIA and FBI

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss Tucker Carlson's recent interview with Joe Rogan, and why he's right about America's dangerous "security" agencies.Discussed on...

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What Is the Purpose of Economic Theory?

Mainstream economists believe our knowledge of the world of economics is elusive, so the criteria for choosing a theory should be its predictive power. If the theory “predicts,” it is regarded as a...

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Opposing Military Intervention: Loving Dictators or Hating War?

America Last: The Right’s Century-Long Romance with Foreign Dictators by Jacob Heilbrunn Liveright, 2024; 249 pp. Jacob Heilbrunn, who is the editor of The National Interest , is dismayed that some...

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Low Time Preference Leads to Civilization

Time preference refers to the preference of satisfaction in the present as compared to a future time. A person who heavily prefers current consumption to future consumption has a high time preference...

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Help Us Publish These Three New Books

Please consider helping us publish these three new books: The World at War, Full Reserve Banking vs. Real Bills Doctrine, and Austrian Business Cycle Theory: an Introduction. Everyone giving $500 or...

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Central Banks Are Wrong about Rate Cuts

When we talk about monetary policy, people do not understand the importance of interest rates reflecting the reality of inflation and risk. Interest rates are the price of risk and manipulating them...

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