From Mises Institute <[email protected]>
Subject Trump's Slush Fund: The New Corporatist "Sovereign Wealth Fund"
Date March 1, 2025 12:16 PM
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Mises Institute
Saturday, February 29, 2025


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Why the Bureaucracy Keeps Getting Bigger
Murray N. Rothbard
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.

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Constitutional Dictatorship?
Thomas J. DiLorenzo
Just because a government’s constitution allows for dictatorship, that doesn’t mean that the dictator is therefore legitimate, moral, or that we must obey that constitution.

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Most popular this week
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The Gold at Fort Knox Was Stolen from Americans
The US gold reserves in Fort Knox are a legacy of the time the US government confiscated private gold and reneged on its promises to pay its debts in gold.

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Nazism, Fascism, and Communism: Warring Sons to a Common Father
Progressives claim Nazism and Communism were opposites—but both stem from the same collectivist roots.

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Why the Bureaucracy Keeps Getting Bigger
Lacking a true merit test in serving consumers, bureaucrats measure success by expanding their staff and budgets, prioritizing growth over efficiency and accountability.

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Featured Audio
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The Case for Immediately Closing the Central Bank
Ryan McMaken and Kristoffer Hansen discuss what would have happened if Javier Milei had immediately shut down Argentina’s central bank.

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Would DOGE Dividend Checks Stoke Inflation?
Is Elon Musk’s DOGE taxpayer dividend proposal simply returning savings from government spending cuts?

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Is Amazon a Union-Busting Leviathan?
Amazon faces endless criticism—some fair, some absurd. Is it really an anti-worker behemoth, or is the union fight just another sign of its success? Mark breaks it down.

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Understanding Money Mechanics

Bob Murphy on the theory, history, and practice of money and banking in the United States.

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The Misesian

The success of the American Revolution struck a heavy blow against the mercantilist system. But unfortunately, the wound was not mortal.

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