Mises Institute
Monday, July 7, 2025
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Privacy and Fungibility: The Forgotten Virtues of Sound Money
Michael S. Milano
Governments have so corrupted money that we forget that sound money, by providing both fungibility and privacy, has been a defense against overreaching governments. While sound money is in the interests of citizens, governments have managed to destroy it.
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American Independence and the Seeds of Big Government
Joshua Mawhorter
When the American Revolution broke out, the American colonies were perhaps the least-taxed place on earth. How did this country move from that position to the colossus it has become today? Joshua Mawhorter provides some sobering July 4 reading to find the answer.
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Who Should be the Master?
In markets, profit directs. Under government, it’s regimentation. There is no third way.
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The Spirit of the Declaration of Independence
Secession, Division, Disloyalty.
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Steve Hanke: Recession Is Coming — The Fed, Trump, & Wall Street Are Blind
Economist Steve Hanke says a US recession is almost inevitable, and warns that the Fed, Wall Street, and Donald Trump are all looking in the wrong direction.
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Return to First Principles to End Wars in the Middle East
The world was driven to war—possibly nuclear war—by current leaders who want their citizens to believe that there are no other options. This is patently not true.
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Israel’s Nuclear Arsenal: A Controversial Reality
Israel is a nuclear armed state! Some claim it has 90-400 nuclear warheads and has not signed the Treaty on the Non-Proliferation of Nuclear Weapons (NPT).
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Who Really Invented Bitcoin?
In the 1970s, F. A. Hayek warned that state-controlled money leads to inflation, instability, and political plunder. His fix? Competing currencies.
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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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