Mises Institute

In America, French-style violence was simply unnecessary for the revolutionaries to win, and we will never know if the Americans might have resorted to greater violence in different circumstances.

Jacob Siegel visualizes that, in an information-state form of government, government’s ultimate control by voters would get replaced by the digital monopolization of voters’ attention, adjustment of voters’ perceptions, and conditioning of voters to see certain outcomes as inevitable.

Keynesian theory says that the way to end a recession in which the economy is in a “liquidity trap” is for government to ramp up spending. Murray Rothbard demonstrated that this policy actually blocks an economic recovery.

In America, French-style violence was simply unnecessary for the revolutionaries to win, and we will never know if the Americans might have resorted to greater violence in different circumstances.

There is a basic and probably familiar tension in the economics of innovation: competition is regarded as desirable because it disciplines incumbents,

While not as effective an economist as Ludwig von Mises or Murray N. Rothbard, Ludwig Lachmann played an important role in the revitalization of Austrian economics after 1974.

Trump has made his family billions by courting foreign and corporate money and accepting extravagant gifts while in office. But he didn’t bring self-enrichment to Washington, he simply made it much harder to ignore.

The articles in this issue help us to understand the true meaning of both the Declaration of Independence and the revolutionary movement that produced it. And, what it is that we are actually celebrating on this 250th anniversary.

Patrick Newman is an assistant teaching professor of economics at the University of Tampa and the Murray N. Rothbard Research Fellow at the Mises Institute. He is the author of several books, the most recent is Cronyism: Rise of the Corporatist State, 1849–1929 (2026).

Birzer does not grasp the importance of states’ rights in preserving liberty against the leviathan central government. In Randolph’s words, “I love liberty; I hate equality.” However, readers will learn a great deal from reading it.

There is little disagreement that the American healthcare system is broken. It is failing because market forces have been buried under decades of subsidies, regulations, licensing restrictions, and political favoritism. How did this happen and what to can we do about it?