The US dollar came to rule the world in the wake of two world wars. But back then, the dollar's hegemony was based on a solid foundation of savings and capital accumulation. But today, the dollar's growth is based on huge piles of debt.

Jeff Deist reviews Michael Malice's The New Right in the forthcoming September/October issue of The Austrian.

For Ludwig von Mises, international bureaucracies like the WTO devoted to enforcing "free trade" are not progress. They're simply another type of government planning.

It was Ludwig von Mises who revealed the intimate connections between Austrian economics and authentic liberalism.