Mises

Marx failed to grasp that there are laws of human action that apply universally. His understanding of economics was far inferior to that of Nassau Senior, whom he derided as the quintessential “bourgeois” economist.

We are aware how the Federal Reserve’s actions help to finance the reckless profligacy of the US Government. However, most people don‘t know that the Fed itself, through its own reckless spending policies, is running deficits.

The Southern secession from 1861-65 is portrayed as a “lost cause” by supporters and an act of evil by its detractors. Murray Rothbard argued that the Confederates were seeking freedom from political oppressors, just as their ancestors had done in the American Revolution.

Since there is no genuine test of merit in government’s “service” to consumers, the bureaucrats have decided that the metric of success is commanding a bigger staff and a bigger budget.

In a post-Cold War world, there is an opportunity to find useful insights among even the New Right that Rothbard loathed. James Burnham‘s The Managerial Revolution produced important points about the relationship of government and business.

Politico reports today: A bipartisan group of House lawmakers wants answers from Defense Secretary Pete Hegseth amid reports that President Donald Trump’s administration is gearing up to dismiss high-ranking military officers. “There are valid reasons to remove a General or Flag Officer, but there must be clear, transparent, and apolitical criteria and processes associated with … Read more

Conventional progressive wisdom says that Nazism and Fascism were polar opposites to Communism. Yet, all of these totalitarian worldviews came from the same collectivist origins.