While Hayek did not write directly about the American Civil War, some of his writings provide insights on the conflict.
Original article: https://mises.org/friday-philosophy/jefferson-davis-von-hayek
Published on 4 months, 2 weeks ago
While it is true that colonial era governments sometimes burned paper money after receiving it in the form of taxation, why they burned the money is for reasons other than what MMT advocates are clai…
Published on 4 months, 2 weeks ago
Rothbard took the American Revolution to be mainly libertarian in its inspiration, but he contends that the libertarian impulses of the Revolution were betrayed by a centralizing coup d’état.
Original…
Published on 4 months, 2 weeks ago
Not only are modern monetary theory (MMT) cultists dishonest about the role of money, they also are dishonest about money‘s history. By taking issue with Carl Menger‘s historical version, they expose…
Published on 4 months, 2 weeks ago
We like to think of the “deep state” as a conspiratorial entity. In reality, the term describes much of what the federal government does in broad daylight.
Original article: https://mises.org/mises-wi…
Published on 4 months, 2 weeks ago
Abraham Lincoln is best known for his role as a wartime president, but his economic policies were a precursor to the New Deal. From railroad subsidies to a national banking system, Lincoln paved the …
Published on 4 months, 2 weeks ago
EU Central Bank President Christine Lagarde has declared that anything that might lead to private currencies must be stopped. Yet, as F.A. Hayek noted, one way to confound central banks is through pr…
Published on 4 months, 2 weeks ago
America recently celebrated Independence Day, but Americans were too quick to abandon their own individual freedoms and individual sovereignty and submit to the state.
Original article: https://mises.…
Published on 4 months, 2 weeks ago
The Trump administration has withdrawn its promised $4 billion for the California Bullet Train project because this project does not have a viable future. While they may complete the 171-mile Central…
Published on 4 months, 2 weeks ago
The proper answer to who should be Fed chairman is…nobody. Nobody knows the “correct” interest rate.
Original article: https://mises.org/power-market/nobody-fed-chairman
Published on 4 months, 2 weeks ago
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