Mises Institute
Wednesday, June 11, 2025
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Government is a Racket
George Ford Smith
The American Revolution was fought to free American colonists from an overbearing British government. Yet, only a few years after independence, Americans created a constitutional government that would wield more power than the British had.
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Government and Economic Growth
Frank Shostak
Modern macroeconomic theory claims that government spending, taxation, and monetary creation is essential for economic growth. Austrian economists, however, note that government stifles the economy.
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Deflation and Liberty
Hülsmann shows that deflation is nothing to fear. The government should permit it to happen as a path to economic recovery and a tool for reform.
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Controlling Missouri, Part 2: This Means War
After the “Walnut Street Massacre” in St. Louis, more people shift their support to the Confederacy.
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Early Railroads and Hospitals
One offshoot from privately-owned railroads was the creation of company-built and operated hospitals to treat their employees in remote locations.
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What Science Can’t Decide for You: Masks, Data, and Individual Liberty
Modern neoclassical economics relies on physical sciences, which Austrian economists like Ludwig von Mises call “scientism.”
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President McKinley and the Meddler’s Trap
The meddler’s trap is when a leader’s military intervention creates a new problem, which they then feel compelled to solve, making it difficult to leave.
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The “New Economists” and Military Keynesianism
Joseph Salerno reveals how JFK's economists used war spending and deficits to erode liberty under the guise of stability and growth.
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The Magic Coin
This slim book engagingly written encapsulates the basic lessons of money and of how it is deformed by government and central banking in a magical story that will charm and enlighten young readers.
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