Mises Institute
Friday, May 9, 2025
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Will Trump Follow Nixon’s IRS Road to Ruin?
James Bovard
Like presidents before him, Donald Trump is using the IRS as a weapon against organizations he doesn’t like. Richard Nixon did the same thing—and it helped bring down his presidency.
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P.T. Bauer’s Reminders on Foreign Aid
Joshua Mawhorter
The late P.T. Bauer provided much insight into the issue of the so-called First World sending aid to Third World nations in the name of “development.” Bauer demonstrated conclusively that such donations actually impede economic growth in poor nations.
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California’s Bullet-Train Delusion
Ryan McMaken and Bill Anderson expose California’s bullet train fiasco and its economic fantasies.
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Resurrecting the American System: The Growth of Imperialism
Jacksonian ideals crumble as the lure of land and power push America toward empire-building.
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Only Congress, Not the President, Can Initiate War
Edwin S. Corwin in The President: Office and Powers, 1878–1957 has argued that the Constitution is a tussle for control between the executive and legislature.
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Gov. Newsom Appeals to the Sunk Cost Fallacy to Promote the Failed Bullet Train
Government officials see sunk costs as an incentive to promote public projects where costs clearly outweigh benefits.
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Truth or Consequences
While authors of The Price of Our Values claim that economists often substitute utilitarianism for moral values, they dismiss any idea of objective standards for morality.
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The Public Health Bureaucracy: Enemy of the Public, Enemy of Health
Bureaucrats just enforce rules and demand obedience.
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The Misesian
Rothbard’s “Anatomy of the State” introduces the state as a unique, coercive institution, distinct from society. The latest Misesian expands on this view, examining historical commentary on the state’s emergence and its central role in modernity.
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