While Austrian economists have engaged modern monetary theorists on economic terms, one should not forget that this theory promotes totalitarian governance.
From Leninism to Social Democracy: A Guide to Socialist Models
Richard W. Fulmer
While democratic socialism is the darling of the political left, all forms of socialism have come from the brutal model first imposed upon Russia in 1917.
Interest Rate Caps Won’t Solve America’s Debt Problem
Ultimately, interest rate caps would cost Americans access to a convenient and reliable source of credit. Instead of saving them money, a rate cap would push consumers into worse credit options.
The antebellum abolitionist movement ranged from peaceful abolitionist societies in the South to groups in New England advocating violence and bloodshed. Unfortunately, the nation’s political leaders chose to end slavery through violent means.
With all of the current angst about tariffs and other issues, it is easy to forget that there are missile silos around the world with weapons that can destroy the world as we have known it. All that is needed is one bad decision.
Rothbard’s “Anatomy of the State” introduces the state as a unique, coercive institution, distinct from society. The latest Misesian expands on this view, examining historical commentary on the state’s emergence and its central role in modernity.
