Mises Institute
Monday, January 12, 2026
New York’s new socialist mayor announced that he will bring to the city the “warmth of collectivism ([link removed]) .” This is a chilling phrase for those who have lived under such regimes which bring the destruction of both economic prosperity and civil liberties.
What really matters for policymakers is power. As we are learning with the Trump invasion of Venezuela, the seizure of more power comes first, and the justifications come later ([link removed]) .
Ryan McMaken, Editor-in-Chief
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“The Warmth of Collectivism”: Beginning the Mamdani Era
William L. Anderson
In his inaugural speech, New York Mayor Zohran Mamdani declared an end to “rugged individualism” and the embrace of “the warmth of collectivism.” New Yorkers are about to find out that collectivism will not produce what they need to have better lives.
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Security, Fear, and Power: The Impossible Rest of States
Ulrich Fromy
The new “Donroe Doctrine” that is used to justify the US invasion of Venezuela is in line with how the state seizes power and then finds ways to justify actions that are unjustifiable.
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Why Vivek Is So Wrong about the Founding of the United States
Ramaswamy promotes a fictional version of American history.
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History of Hyperinflation
Hyperinflation isn’t ancient history. It’s a recurring policy failure with war-level damage.
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Sovereign Credit, Affordability, and the Crisis Ratchet
What if the affordability crisis is not a failure of markets at all? What if it is the predictable outcome of how modern governments finance themselves?
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How to Compare Prices and Progress over the Years
One way to compare prices of similar commodities and services over long periods of time is to convert the nominal prices to ounces of gold.
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Calculation and the Question of Arithmetic
The view that Ludwig von Mises had more in mind in his calculation critique of socialism than the Hayekian knowledge problem has recently been attacked by Leland Yeager.
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The Donroe Doctrine and Its Consequences
What’s next for Venezuela? What’s DC’s next target? Does America really need a $1.5 trillion defense budget?
WATCH NOW ([link removed])
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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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