Mises Institute
Monday, May 12, 2025
 
 
Why Elon Musk Is Right: The Case Against Subsidizing Amtrak
J.D. Wong
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to believe. The truth is that the case for defunding Amtrak has never been stronger.
 
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Wealth Generation and the Market Economy
Frank Shostak
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.
 
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The Gold-Silver Ratio
 
Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might mean for investors and the world at large.
 
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Tricking Us Into War: The Cases of Lincoln and Roosevelt
 
John Denson exposes how presidents manipulate the American people to achieve war-driven ambitions.
 
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Federal Judge Sets Free Op-Ed Writer
Federal judge orders Trump administration to release Tufts University grad student Rumeysa Ozturk from ICE lockup. Federal prosecutors were not able to produce any evidence at all other than an op-ed Ozturk wrote.
 
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The Top Twenty Federal Business Subsidy Receivers

These subsidies exemplify crony capitalism. The Austrian School of economics defines any subsidy as government intervention in the functioning of the economy.

 
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The Spanish Blackout Is a Warning to the World
The blackout in Spain was not caused by a cyberattack but by the worst possible attack—that of politicians against their own citizens. For years, experts have issued warnings.
 
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Public Enemies: Government Bureaucrats as Societal Parasites
 
In government, failure is success.
 
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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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