Mises Institute
Thursday, December 25, 2025
 
 

Like Biden before him, President Trump insists that Americans don’t know how good they have it. We’re in an economic “golden age,” the White House insists. Yet, ordinary Americans know better as prices continue to rise and employment stagnates. It may be genuine confusion on their part. Or they simply don’t care.

Also today, Laurent Hynes looks at “externalities,” the perennial excuse that environmentalists use to justify the destruction of property rights.

Ryan McMaken, Editor-in-Chief

 
 
Trump Ignores Sound Economics at His Peril—And Ours
Connor O’Keeffe
Like his predecessor, President Trump unsuccessfully tries to convince Americans that their economic pain isn’t real, but Americans know the difference.
 
READ MORE +
 
 
Environmentalism Is a Convenient Excuse for Authoritarianism
Laurent Hynes
The economic doctrine of “externalities” has become an excuse for governments to intervene economically in heavy-handed ways, all in the name of “saving” the environment.
 
READ MORE +
 
 
Christmas, Capitalism, and Consumerism
 
Social critics often tell us that capitalism is contrary to the true meaning of Christmas.
 
LISTEN +
 
 
Was Scrooge the Victim in A Christmas Carol?
 
No one forces Scrooge
to do anything.
 
LISTEN +
 
 
The Fallacy of “Public” Education
There is clearly no need for formal instruction in “how to play,” in “getting along with the group,” in “selecting a dentist,” and the multitude of similar ‘courses’ given in “modern education.”
 
read more
 
 
Woodrow Wilson’s Christmas Grift of 1913
Two days before Christmas 1913, the infamous “creature from Jekyll Island,” the Federal Reserve System, was birthed into our body politic.
 
read more
 
 
The Libertarian Political Messages in The Mark of Zorro
The 1940 version of The Mask of Zorro is more than a swashbuckling film featuring Zorro and his skills with the sword. It is also a reminder that the state is oppressive.
 
read more
 
 
 
 
 
Panel: The Legacy of Murray Rothbard
 
Featuring David Gordon, Paul Gottfried, Peter Klein, and Joseph Salerno.
 
WATCH NOW
 
 
 
 
Hayek for the 21st Century
 
The Mises Institute is giving away 100,000 copies of this collection of essays by Austrian School economist and Nobel laureate F. A. Hayek, whom Ludwig von Mises described as “one of the great economists” of all time. The vision of this book is to introduce a new generation of readers to Hayek’s writings.
 
ORDER YOUR FREE COPY +
 
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