Mises Institute
Wednesday, July 2, 2025
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Why Recessions Are Not about Declining GDP
Frank Shostak
A recession is defined by negative economic activity over several months with an accompanying decline in GDP. However, given the actual makeup of GDP, it is inaccurate to directly tie recessions to GDP at all.
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Establishment Democrats Created the Conditions for A Socialist Victory
Connor O’Keeffe
The democratic establishment is upset that socialist Zohran Mamdani beat their candidate, Andrew Cuomo, in New York City’s mayoral primary. But the blame for socialism’s rising popularity lies mostly on their own shoulders.
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The Economics of Nuclear Weapons
The strategic value of nuclear arms lies almost entirely on the side of defense.
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Karl Hess and the Death of Politics
Karl Hess’s wild political journey reveals what happens when ideology gets personal and principle finally wins.
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A Big Beautiful Bill for the Military-Industrial Complex
Republicans’ push for higher military spending prevents Congress from cutting taxes without raising debt or cutting welfare.
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Review of Greatness and Ruin by Ricardo Duchesne
Western civilization has advanced in culture and economics, but Western intellectuals often try to destroy it. Ricardo Duchesne explains this in his book.
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Republicans and Big Government
Contrary to popular myth, every Republican president since and including Herbert Hoover has increased the federal government’s size, scope, or power—and usually all three.
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The Corrupt Origins of Central Banking in America
Tom DiLorenzo at Mises U 2017.
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Freedom in One Lesson:
The Best of Leonard Read
Freedom in One Lesson is an extensive collection of Leonard Read’s best, most powerful sustained arguments on behalf of liberty. Leonard Read’s goal was to plant the seeds of liberty, so society and individuals could blossom to their fullest potential.
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