Mises Institute
Tuesday, March 4, 2025
 
 
The Worst Market Intervention of All Time
George Ford Smith
More than a century ago, Congress created the Federal Reserve System to intervene in the American economy. Not even the biggest critics of the central bank’s formation could have predicted the economic disasters it brought about.
 
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An American Classical Liberalism
Llewellyn H. Rockwell Jr.
The breakdown of the freedom of association, especially in the form of anti-discrimination law, is a main reason why social acrimony has so increased in our time.
 
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Training Young Economists
 
"The state is the ultimate villain in economic stories." —Jonathan Newman at the recent Mises Circle in Tampa.
 
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Economic Tools for Understanding the War
 
The Civil War wasn’t just about grievances—it was about resources.
 
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Egalitarian Interventionists: Why Politicians Love “Equality”
Although egalitarian interventionism constantly is wrecked on the shoals of reality, there is always a stable of new politicians eager to promote what Murray Rothbard called “a revolt against nature.”
 
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Toward Financial Independence and a Constitutional Federal Budget
Members of Congress and presidents from both major political parties have failed to uphold their oaths to defend the Constitution by spending the public’s money without regard to the limits placed on their authority.
 
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Suddenly, Leaving NATO is on the Table!

With President Trump’s clear mandate to pursue his “America first” agenda, we have the best opportunity in decades to sever our damaging and expensive entangling alliances across the globe. Let’s start with NATO!

 
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War
 
We can count the lives lost in war and the money spent, but no record can measure the deeper costs to humanity.
 
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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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