Ludwig von Mises called the universities of his day “nurseries of socialism” because of the inevitable socialist bias of all government-funded universities. He also said that there is always a remnant of students, however, that does not buy into the…

In his great classic, Crisis and Leviathan, Robert Higgs explained how Franklin Roosevelt’s attacks on the gold standard ushered in “the age of inflation” that has now robbed generations of Americans through the inflation tax. The explanation begins with…

When President Trump recently began calling the Ukrainian dictator a dictator elements of both Left and Right in the Washington establishment became quite indignant over it. After all, he is their poster boy for their beloved “foreign aid.”…

Now that the US and Israeli military have bombed almost all of Gaza into a smoldering ruin and killed tens or hundreds of thousands of Palestinians, President Trump has proposed getting Jordan and Egypt to house the remaining…

If there is anything we have learned from the American welfare state it is that from the very beginning it created a moral hazard problem whereby paying people for not working incentivizes them to drop out of the…

President Trump’s first major speech on economic policy in 2017 was delivered in Lexington, Kentucky near the home of Henry Clay, the early nineteenth century leader of the Whig party and the epitome of a political tool of…

In private business “[t]here is no need to limit the discretion of subordinates by any rules or regulations other than that underlying all business activities, namely, to render their operations profitable.”—Ludwig von Mises, Bureaucracy, p. 46 In this quote from his…