Mises Institute
Wednesday, January 7, 2026
Murray Rothbard was right when he labeled the Constitutional Convention a counterrevolution against the spirit of the American Revolution. Yet pundits and historians continue to push the myth ([link removed]) that the 1787 convention somehow saved America. In fact, the new constitution needlessly centralized government power.
Increasing state power is what politicians do, and it’s why politicians love war. War, in fact, as Smedley Butler knew, was a racket for the ruling class ([link removed]) .
Ryan McMaken, Editor-in-Chief
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Constitutions and Chaos
Will Ferrell
The Ken Burns theme that the creation of the US Constitution saved this country from “chaos” exaggerates the difficulties the new nation faced under the Articles of Confederation and fails to comprehend where the Articles were successful.
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The Venezuelan War is a Racket
Vincent Cook
Donald Trump’s war against Venezuela is truly a racket, as it looks to be little more than an attempt to loot the nation of Venezuela’s natural resources in the name of “liberation.”
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Three Key Lessons from the US’s Venezuela Intervention
The foundations of American foreign policy.
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Trump’s National Insecurity Strategy
President Trump’s latest national security initiative is unlikely to make the US secure from outside danger.
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Regime Change and Nation-Building Are Back!
In case you missed it, the foolish prospect of quick and easy regime change is back again in the public consciousness.
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Mises on Secession
If Mises stopped short of affirming the full right of individual secession, it was only because of what he regarded as technical obstacles.
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Calhoun’s Doctrine of the Concurrent Majority
John C. Calhoun perceived the doctrine of the concurrent majority as limiting the powers of government.
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Liberating the American University
Cut all state ownership, funding, and regulation. Let genuinely private institutions compete.
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The Misesian
The latest issue of The Misesian discusses why, without private property, there is no way to plan for the future, and one’s goods are always subject to confiscation from the more powerful. In other words, a world without private property is a lawless world.
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