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MMT, Chartalism, and the Colonial Experience

Mises Institute ·

2025/05/16

The MMT crowd now claims that the monetary history of the US is an example of chartalism. US history is actually an example of the opposite.

The Package Deal of “Circumstantial Exploitation”

Mises Institute ·

2025/05/16

Adlai Stevenson said that, “A hungry man is not a free man.” Many assume free exchange is invalid unless a basic level of wealth is achieved by the parties, but this is an error.

From Leninism to Social Democracy: A Guide to...

Mises Institute ·

2025/05/16

While Democratic Socialism is the darling of the political left, all forms of socialism have come from the brutal model first imposed upon Russia in 1917.

To Make Flying Safe, Make Air Traffic Control a...

Mises Institute ·

2025/05/15

With the recent collapse of air traffic control systems at Newark International Airport, air safety again is in the news. The problem is that the US ATC system is run on socialist principles. To fix this problem, turn to private enterprise.

Congress Should Abolish the Fed for Failing to...

Mises Institute ·

2025/05/15

Following World War II, Congress imposed mandates on the Federal Reserve in the areas of employment, inflation, and interest rates. Not surprisingly, the Fed has failed in all three areas. It is time to recognize failure and abolish the Fed altogether.

Homeschooling Is Our Best Defense Against the State

Mises Institute ·

2025/05/15

Homeschooled children are educated more effectively than public school students and at a fraction of the cost of public education. Naturally, the government wants to destroy it, with Illinois currently leading the anti-homeschooling mob.

How War Propaganda Has Fueled American Foreign Policy...

Mises Institute ·

2025/05/15

Isn’t it funny how, with the possible exception of Vietnam, all of America’s wars have been justified and have been right and good? What are the odds?

Trump Budget Plan Makes No Spending Cuts Until 2028

Mises Institute ·

2025/05/15

All potentially unpopular cuts will hit only after 2026 or 2028. This is proof Trump was never serious about any real spending cuts. These cuts will never actually happen.

A History of Political Theory in the West

Mises Institute ·

2025/05/15

Political Scientist Joseph Solis-Mullen joins Ryan McMaken to review Ralph Raico's newly published lectures on politics in the West. We recommend this book for all who want a pro-freedom history of political thought.

Courageous Followership and the Fight Against...

Mises Institute ·

2025/05/15

The powerful critiques of Mises and Hayek against centralized authority and their staunch defense of individual liberty offer essential lessons for followers navigating the ethical dilemmas of modern institutions and governments.

How Trump Can Lower Drug Prices Without Price Controls

Mises Institute ·

2025/05/14

While Trump has not yet turned to price controls to address America‘s absurdly high drug prices, Monday‘s executive order suggests that he soon may. Price controls would only worsen the problem with the drug market. Here are three things he can do instead.

USAID's Legacy of Failure

Mises Institute ·

2025/05/14

Progressive supporters of USAID claim that the agency does vital work overseas to provide medical care and other necessities for the poorest of the poor. Yet, a careful look at its record reveals that USAID often is a hindrance to the very people it claims to help.

Tariffs Won’t Ever Be "Optimal"

Mises Institute ·

2025/05/14

Despite arguments from President Trump and his supporters, there is no such thing as an “optimal” tariff. If anything, Americans have the upper hand in trade because they can run large trade deficits due to the status of the US dollar as the world‘s reserve currency.

How Trump Can Lower Drug Prices Without Price Controls

Mises Institute ·

2025/05/14

While Trump has not yet turned to price controls to address America‘s absurdly high drug prices, Monday‘s executive order suggests that he soon may.

A Closer Scrutiny of Affirmative Action (Reservation)...

Mises Institute ·

2025/05/14

India has the longest history of affirmative action programs in the world and they have become the center of heated controversy between two clashing viewpoints.

The Tragedy of War

Mises Institute ·

2025/05/13

There are no “good wars,” rather, there are wars with varying degrees of destructiveness. The American War Between the States was especially destructive, and the scars have not fully healed 160 years after it ended.

Wealth Generation and the Market Economy

Mises Institute ·

2025/05/13

A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.

The Salem Witch Tariffs: How Economic Witch Hunts...

Mises Institute ·

2025/05/13

As the progressive left and the anti-trade right merge their arguments, the current political atmosphere is quickly turning into a witch hunt. Unfortunately, we know that these situations don't end well.

The Classical Liberals Were Radical Opponents of War...

Mises Institute ·

2025/05/13

Extolling peace has characterized the classical liberal movement from the eighteenth century, at least from Turgot, on through the nineteenth century to Ludwig von Mises.

The Dehumanizing Nature of Tariffs

Mises Institute ·

2025/05/13

Any government deploying this so-called policy tool is trespassing upon property rights. As a result, human beings are in a word: dehumanized.

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