Mises Institute
Monday, February 9, 2026



There are good reasons why the freedom fighters of the past wanted things like the rule of law and decentralization of power. Yet, today, the American Right has largely degenerated into declarations of “might makes right” and “the ends justify the means.”

Ryan McMaken, Editor in Chief

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Why America’s Two-Party System Will Never Threaten the True Political Elites
Ryan McMaken
There are two kinds of political movements: 1. Those that are “compromising” and pose no real threat to the elites. 2. The groups that actually oppose the status quo but are kept out of power.

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The Idiocracy that Is California Politics
William L. Anderson
If California voters and politicians do not understand the current crisis, we will see the continuous march to perdition as California politicians refuse to acknowledge that they are killing the geese laying the golden eggs.

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The Giffen Good

Mark Thornton explains why recent surges in silver demand amid rapidly rising prices don’t overturn the law of demand.

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Is Bitcoin Fiat Money?

Bob Murphy applies Ludwig von Mises’s monetary framework to Bitcoin.

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