From Mises Institute <[email protected]>
Subject We Are Living in the Fourth American Republic
Date May 2, 2026 11:16 AM
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Mises Institute
Saturday, May 2, 2026



Be sure to check out the week’s top articles if you’ve missed them:
* Ft. Knox Full of Impure Gold Unfit for International Transactions ([link removed])
* A Very Brief History of Taxation and the State ([link removed])
* Why Representative Democracy Is Obsolete ([link removed])
* When a Chicken Isn’t Just a Chicken ([link removed])

Ryan McMaken, Editor in Chief

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We Are Living in the Fourth American Republic
Ryan McMaken
The old republic is gone. The constitutional order of the Jeffersonian years—i.e., the so-called “American experiment”—was swept away long ago.

READ MORE + ([link removed])

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The Fuel Protests in Ireland: Their Lights and Shadows
Sergio Fernández Redondo
There are fuel protests in Ireland, which are not surprising given the havoc Trump’s Iran war has caused in oil markets. They also should be protesting against the government policies that make the situation worse.

READ MORE + ([link removed])

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Stuff that Fed
Officials Say
The Fed has been promising to unwind its balance sheet since 2009. Every new chairman says it. None of them do it. Now Kevin Warsh is saying it again.

watch ([link removed])

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Robert Aro on the Fed’s Reverse Repo Trick
Bob Murphy and researcher Robert Aro discuss why the widely anticipated post-QT crash never materialized.

watch ([link removed])

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Two Important Graphs and Rick Rule
Total private net worth of all Americans: $170 trillion. Total government liabilities: $160 trillion. The only way out is a “dishonest default,” just like the 1970s.

watch ([link removed])



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The Year of Rothbard

In the latest issue of The Misesian, Patrick Newman explores the many ways that Rothbard remains relevant to current economic and political controversies. And other articles, all of which are in the Rothbardian tradition of advancing the scholarship of freedom and sound economics.

READ THE MISESIAN + ([link removed])



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