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You’re Paying and Paying14:11 The majority of our elected officials who spend our tax dollars are debt addicts. Their reckless policies, if continued, will destroy the nation. Very few of Profiting from Government Didn’t Begin with Trump13:06 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 Misesian, vol. 3, no. 4, 20260:19 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. From the Editor—July / August 20260:19 In this issue of The Misesian, we bring the focus back to the Americans who brought about what Murray Rothbard has called a truly libertarian revolution against the power of states and imperialism. Faculty Spotlight—Patrick Newman0:19 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). A Declaratory Judgment0:19 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. Why Is the Healthcare System Broken?: Mises Circle in New Hampshire21:06 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? 40th Anniversary of Mises University21:06 Since 1986, Mises University has been the world’s leading academic program advancing Austrian economics. This July, we celebrated the 40th anniversary of our flagship event with students attending from around the world. None Dare Call It Conspiracy20:02 If you have time to read only one book about the American Revolution, it should be this one. It formed the basis for Rothbard’s conclusion that “in the deepest sense, the American Revolution was a conscious majority revolution in behalf of libertarianism and against power." Israel is Funding Ted Cruz's Super PAC. Is that Legal?20:02 The Israeli government-funded ad revenue appears to operate in a gray area, but it seems Tel Aviv is exploiting loopholes to funnel money to Cruz's political war chest. Two Japan Bond Auctions Pose Next Threat to US Treasury Yields20:02 The US and Japanese bond markets have become increasingly intertwined in recent years as investors grapple with rising government debt and greater volatility. The Wealth Tax Revival Is Repeating a Failed Experiment18:57 California is looking to impose a new wealth tax to fleece the state's billionaires. While supporters of the tax claim it will raise more than $100 billion, if passed, it likely will crash in the same manner that wealth taxes in other countries like Sweden and Colombia have done. Is Education a Commodity?18:57 Besides blistering heat, continued conflict in the Middle East, and World Cup controversy (even the US is getting into it), summer 2026 has brought spirited Medicare is Socialist, and It Costs Too Much18:57 The recent lurch to the left in Democratic primaries has raised the issue of extending Medicare to all Americans. Nobel laureate Paul Krugman has weighed in on |