Mises Institute
Saturday, October 11, 2025
 
 
The Crisis of the American Tax State
Ryan McMaken
The United States is now a full-blown “tax state” in that lawmakers can raise taxes with minimal effort without meaningful legal resistance from any other domestic institution.
 
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Economics and the Infantilization of Culture
Joshua Mawhorter
Capitalist wealth plus economic ignorance, underappreciation, and romanticism create a recipe for an infantile culture.
 
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Most popular this week
 
Individualism and the Violence of the Identitarian Left
Leftists seek to create a new society that supposedly is peaceful. However, they also celebrate violence done against political opponents, which Rothbard saw as contradictory.
 
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Why Taxes Were So Hated in the Middle Ages
In the Middle Ages, taxation was considered to be appropriate only as an extreme measure in emergencies, and as a last resort. Kings were expected to subsist on revenues from their own private property.
 
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Letters to Frank Meyer Reveal Rothbard’s Views on Lincoln, Slavery, and Popular Sovereignty 
“The Civil War was really the watershed,” he wrote Meyer. “Lincoln was America’s first dictator, and almost all the Republican Acts were monstrous.”
 
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Featured Audio
 
The Importance of Time in Explaining Asset Bubbles
Debt, sticky wages, and intervention turn a necessary correction into prolonged pain.
 
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Does Economic Growth Require an Elastic Money Supply?
Ryan McMaken and Jonathan Newman explain why sound money scales.
 
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Monetary Metals 101: How Gold and Silver Work in a Free Market
Gold and silver make sense—until government “helps.”
 
listen
 
 
 
 
 
Peace in Gaza, Homicidal Text Messages, and the Future of Obamacare
 
Connor O’Keeffe, Tho Bishop, and Ryan McMaken look at this week’s headlines
 
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Hayek for the 21st Century—Our New 100,000 Book Giveaway
 
Hayek for the 21st Century is a primer for the layperson, introducing a new generation of readers to Hayek’s writings and hopefully avoiding the 20th century’s mistakes in the 21st century.
 
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