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US Trade Account Balance and the Imposition of Tariffs

Mises Institute ·

2025/05/05

Although politicians, pundits, and the media claim that a trade deficit is harmful to a country, the reality is much different. In a free economy, individuals interact with each other in mutually-beneficial exchanges. As Murray Rothbard noted, free exchanges do not produce winners and losers.

The Inspiring Legacy of Anti-War Conservatism

Mises Institute ·

2025/05/05

Brandan Buck explores how some conservative America Firsters have long challenged U.S. interventionism in the Middle East and questioned the alliance with Israel.

A Taxing Cut for IRS: Free Tax Filing Option to be Ended

Mises Institute ·

2025/05/05

The Trump administration announced that the IRS will end its free Direct File (DF) program that taxpayers have used on the IRS website to file their own tax returns.

How Would Anarchy Work?

Mises Institute ·

2025/05/04

We eliminate the main problem that plagued "limited government": we are relying on the government — a monopoly agency — to police itself.

A Moral Argument for Free Trade

Mises Institute ·

2025/05/03

Murray Rothbard believed that the right to engage in voluntary exchange has long been understood as a natural right, not just a good, practical idea. Tariffs and other trade barriers violate that right.

Make-Believe Equality Is Unattainable, Costly, and...

Mises Institute ·

2025/05/03

When intellectuals and political elites call for equality, they usually mean creating social conditions that are make believe at best and harmful at worst. Their latest hustle is “equity,” which means the state should guarantee equal outcomes for everyone.

Real Genius

Mises Institute ·

2025/05/03

Cinephiles are mourning the death of Val Kilmer, who is remembered for many movies, but we ought also to be remembered for his performance in the underrated anti-war classic, Real Genius.

Powell, Trump, and the Austrian Business Cycle Time Bomb

Mises Institute ·

2025/05/03

Mark Thornton cuts through the noise to explore the real economic threats facing America.

Tariffs Did Not Make America Great and Won’t Make...

Mises Institute ·

2025/05/02

Trump has even dubbed himself “a Tariff Man.” This is nothing new, however, his frequent claims regarding the US economy during the Gilded Age need scrutiny.

Nuclear Weapons: Proliferation, Monopoly, or...

Mises Institute ·

2025/05/02

A past article, presenting a “libertarian” viewpoint of nuclear weapons, has two choices, but pointedly leaves out a third choice: nuclear disarmament. According to Murray Rothbard, disarmament is the only true moral choice and also the most practical.

Cracked Shells: Why Egg Prices Are High

Mises Institute ·

2025/05/02

As egg prices rise, the Usual Progressive Suspects claim it is due to monopoly power by egg producers, calling for government intervention. However, the real reason is government intervention itself.

Accreditation: The Cartel on Higher Education

Mises Institute ·

2025/05/02

The Department of Education has the role of selecting and authorizing private accrediting agencies which, in turn, are enabled to give or not give accreditation.

Murphy + Spitznagel: Where MAGA Is Right—and Wrong—on...

Mises Institute ·

2025/05/02

Robert P. Murphy and Mark Spitznagel co-author this examination of how to look at the trade deficit. (paywalled)

Hip, Hype, Hurrah!

Mises Institute ·

2025/05/02

In this edition of Friday Philosophy, Dr. David Gordon reviews Arnold Schelsky‘s The Hype Cycle and finds some worthy insights into things that modern culture has hyped, such as climate change.

The Not-So-Marginalized Miner

Mises Institute ·

2025/05/02

Though stories of the masses are valuable and insightful, the lives of magnates of industry, and the lesser magnates—such as the owner of the mine where my grandfather labored—also need to be told.

Genocide’s Back: Trump-Backed Israeli Brutality

Mises Institute ·

2025/05/02

Want to Pay Down the National Debt? First, Cut...

Mises Institute ·

2025/05/02

If a politician claims that he cares about the national debt, but then won't make big cuts to current federal spending, he's either a liar or a fool.

The California Bullet Train Is a Good Lesson in...

Mises Institute ·

2025/05/01

The California Bullet Train has become the Eternal Project That Won‘t Go Away no matter how big a failure it has become. Political inertia is a powerful force and California politicians have used it to deceive voters and taxpayers, who will face a reckoning.

All Jobs Are Not Created Equal

Mises Institute ·

2025/05/01

When politicians claim they are “creating jobs,” they usually mean hiring people for tax-funded government employment. Jobs in private enterprise, however, help to create real wealth and contribute to economic growth and higher living standards.

Libertarian Road Management: Pricing and Street Design

Mises Institute ·

2025/05/01

In a libertarian world, the streets and highways would no longer be state-owned, but instead managed by private entities such as companies and cooperatives. How might this work?

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