Mises Daily Email

Thursday, January 8, 2026

Just as we need more secession so there is more competition among political jurisdictions, we also need more competition for money. If the dollar is so wonderful, then the regime won’t mind if other currencies are allowed to compete on a level playing field.

Also, Bush quickly declared victory in the early days of the 8-year-long Iraq War, and now Trump seems to think that it’s “Mission Accomplished” even though no one knows what happens next.

Ryan McMaken, Editor-in-Chief

The Fed, Gold, and Crypto: Freedom and Competing Currencies

Alex J. Pollock

To stay in power, governments have to keep spending money. They need to give money to their friends, to give money to their supporters, to carry out their various projects, and—most expensive of all—to have wars.

READ MORE +

The Real Reasons the US Bombed Venezuela

The US seeks another puppet regime in South America.

LISTEN +

Filibuster in Cuba,
Part 1

Slave revolts, Spanish crackdowns, and Narciso López’s raids: when Cuba’s turmoil met America’s annexation dreams.

LISTEN +

Time Stolen by the State: Why Infrastructure Fails under Chronic Interventionism

Infrastructure can be built under freedom because freedom disciplines action.

Aristotle on Private Property and Money

Although Aristotle scorned moneymaking and was scarcely a partisan of laissez-faire, he set forth a trenchant argument in favor of private property.

Hazlitt Against Keynes

Henry Hazlitt’s The Failure of the New Economics remains the best criticism of J.M. Keynes’s General Theory.

How Destructive Are Regulations?

Per Bylund explains how prosperity comes from imaginative, risk-taking entrepreneurs.

WATCH NOW

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.