Mises Institute

Democratic socialists claim they can painlessly transform the US economy into one where no one has debt, housing and medical care is free, and the state meets everyone's needs. Their ideas are internally incoherent.

To celebrate The Year of Rothbard, we’re giving away some of his most radicalizing and influential books. Get your copy of our September offering, Economic Depressions: Their Cause and Cure, before September 30.

Can fighting a war ever be just? Murray Rothbard dealt with that question and, of course, had some definitive answers.

The future of Flock cameras: left the house during a pandemic lockdown? Expect a summons in the mail. Exceeding your "carbon footprint" by driving too much? Expect a ticket in the mail.

The Trump administration’s crackdown on students protesting against Israel has once again run into the law, this time in the form of a federal court ruling against the government.

Federal Reserve policy has been to expand credit out of nothing without regard for the real damage it does to the economy.

Vail recognized that market competition and “regulation and control are inconsistent with each other, and cannot be had at the same time.” Obviously, Vail favored the latter.

The Federal Reserve’s fixation with “stable prices” has led to an unstable economy for the past century.

Mark Thornton explains the Fed’s real problem: the power to paper over debt, deficits, war, and market cracks until the bill hits consumers.

Ask a socialist critic of capitalism how to define capitalism and you will probably receive an incoherent answer. Defining these ways of social organization is vital and understanding them is even more important.