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From the Editor—March / April 2025

Mises Institute ·

2025/04/30

The state is not necessary for human development or governance. It is important that advocates of freedom and free markets publish scholarship that builds on this truly libertarian, or laissez-faire, view of the state. In this issue of The Misesian, Roberta Modugno does just that.

The Misesian, vol. 2, no. 2, 2025

Mises Institute ·

2025/04/30

The state, born at the dawn of the modern age for the needs of pacification, to protect people, has in reality become, as Rothbard writes in For a New Liberty, “the supreme, the eternal, the best organized aggressor against the persons and property of the mass of the public.”

Equity, Racial Equality, and Wealth Redistribution

Mises Institute ·

2025/04/29

When modern progressives claim to support equity, what they really mean is the confiscation of wealth and transferal of private property to politically-favored groups. These policies have a sorry history from Reconstruction and continued through the 20th century communist regimes.

Spain's Blackout Shows the Regime Can't Be Bothered...

Mises Institute ·

2025/04/29

Normal people suffer from expensive power and blackouts while Europe‘s ruling regimes double down on unreliable “green” energy.

Goods shipments to the US are collapsing

Mises Institute ·

2025/04/29

But Bessent says tariffs won't cause any supply chain shocks (for some reason.)

Higher Education’s Problems Began With the Federal...

Mises Institute ·

2025/04/29

Higher education has become unaffordable and its curriculums hopelessly politicized. We should remember that all of this is a result of programs developed more than a half-century ago to make higher education more accessible.

Trump to "soften the blow" of the tariffs he imposed

Mises Institute ·

2025/04/29

Trump has a great scheme going: impose huge new tariffs (AKA taxes) and then portray a cut on those same tariffs as some sort of generous move.

The Empire Strikes Back

Mises Institute ·

2025/04/29

News this week that Elon Musk will soon be departing his “Department of Government Efficiency” (DOGE) is a grim reminder of what happens when you challenge big spending DC.

US Navy accidentally dumps $60mln fighter jet into...

Mises Institute ·

2025/04/29

US Navy loses $60 million fighter jet after it fell off aircraft carrier. This brings the total cost of lost aircraft in Yemen up to $270 million since Trump took over.

Liberals win in Canadian election. See results here.

Mises Institute ·

2025/04/29

The Liberal Party, led by new Prime Minister Mark Carney, is projected to form a minority government in a dramatic political comeback, defeating the Conservative Party, led by Pierre Poilievre.

Just a reminder that the new PM of Canada used to be...

Mises Institute ·

2025/04/29

New "Canadian" PM Mark Carney has been head of both the Bank of Canada and the Bank of England. The technocracy acknowledges no borders.

The Cultural Consequences of the Welfare State

Mises Institute ·

2025/04/28

The welfare state is supposed to signal the existence of the “compassionate” society that provides care for all. However, this “compassion” has resulted in the proliferation of social pathologies that undermine civilization itself.

NATO Needs to Be Terminated

Mises Institute ·

2025/04/28

Ted Carpenter explains why NATO is now even more useless than before.

USAID: Antidote to Poverty or Forum for Corruption?

Mises Institute ·

2025/04/28

Foreign direct aid has failed to alleviate worldwide poverty. Nations with secure property rights and the institutions that foster them have prospered.

Does Correlation Mean Causation?

Mises Institute ·

2025/04/28

Carl Menger wrote, “All things are subject to the law of cause and effect.” Unfortunately, modern academic economists all too often confuse correlation of economic phenomena with causality.

The Dominican Republic is still deporting Haitian...

Mises Institute ·

2025/04/28

Lower income countries like the D.R. often face much higher relative costs than rich countries when it comes to dealing with waves of migrants.

Gold Fortunes Are Changing Hands

Mises Institute ·

2025/04/28

The gold price kissed $3,500 last week before backing off. The late Burt Blumert once told me “in tough times fortunes change hands.” For some, that time has come.

Trump keeps killing civilians in Yemen

Mises Institute ·

2025/04/28

US airstrikes on Yemen killed 95 civilians and injured 192 last week. Very little US trade requires the Suez Canal, so this is about subsidizing the State of Israel.

Trump plans to bail out farmers from the effects of...

Mises Institute ·

2025/04/28

Trump's trade war is so successful that he's planning to bail out the farmers who will suffer under the trade war.

Most Americans skeptical about benefits of tariffs

Mises Institute ·

2025/04/28

62% think tariffs will be a net liability in the long run. Even more think it will be costly in the short run. They're right because tariff hikes are just tax increases on Americans.

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