Austrians are used to being called cranks. Point out that inflation is a hidden tax, that monetary expansion distorts the structure of production, or that fiat currency erodes living standards in ways far subtler than headline Consumer Price Index (CPI) numbers ever...
When journalism reveals a government’s dirty deeds, a country founded on constitutional constraints faces a stark test. Reports allege that a senior U.S. official ordered Special Operations commanders to “kill everybody” on a suspected Venezuelan drug boat in...
The Trump administration’s killings of scores of Venezuelans are justifiably provoking outrage. Secretary of War Pete Hegseth recently proclaimed, “We have only just begun to kill narco-terrorists.” Donald Trump and Hegseth are cashing a blank check for carnage that...
Most Americans are unaware that President Abraham Lincoln implemented a much more centralized and authoritarian government than the one he inherited. He overthrew the original union, which was very libertarian in policy, eradicating a union of consent and replacing it...
The greatest economic and political study of fascism, published by classical liberal journalist John T. Flynn at the height of World War II, is perhaps the best and most concise summary of America’s economic system today. The thesis of As We Go Marching (1944) states...
Over the last twenty years the United Arab Emirates (UAE) has expanded its power in Africa at an incredible pace. In countries across the continent, the UAE has made enormous investments in shipping, agriculture, energy, mining, and telecommunications. On top of this,...
The chaotic rollout of the latest Ukraine peace initiative reveals a troubling reality that transcends partisan politics. Three years into a devastating European war, American policymakers still operate under the delusion that diplomatic papering over irreconcilable...
Nick Fuentes, one of the most controversial figures in media today, declared “I am America” in an episode of his podcast. In some ways, he is right. He is a symbolic figure for young, disaffected members of Gen Z who believed President Donald Trump when he said he was...
What work does democratic perform in the phrase democratic socialism? It's a fig leaf intended to conceal what would presumably be repugnant to most people: the coercive regimentation inherent in socialism, whether international (Marxist) or national (fascist)....
As a long-time critic of Washington’s obsession with the so-called “China threat”—and having written an entire book debunking it, The Fake China Threat—I could not in good conscience allow this year’s Report to Congress of the U.S.–China Economic and Security Review...
Henry Hazlitt’s life story reads like a microcosm of the American century. Born in Philadelphia on November 28, 1894, he lost his father in infancy and left the City College of New York to support his widowed mother. In the fluid labor market of the time he bounced...
What do the highest echelons of government, media, corporations, entertainment, and academia all have in common? Many of them may signify the systematic total moral degradation of our society. Donald Trump, Bill Clinton, Ehud Barak, Prince Andrew, Ghislaine Maxwell,...
Anchorage is not dead, and Budapest is still alive. Between the Trump-Putin meeting in Anchorage Alaska and the proposed Trump-Putin meeting in Budapest, the diplomatic track that the United States and Russia were on seemed to die. In October, Donald Trump and...
In the past few months, I have reported for the Libertarian Institute on powerful American Jewish Zionists’ campaigns to unseat a sitting Republican congressman; to silence non-violent university protests against Israel’s genocide in Gaza; to blunt MAGA’s criticisms...
If you were to double the money in circulation instantly, society as a whole would be no richer. Printing more zeros on the currency does nothing to produce more of the necessities and luxuries of life. But wage earners would see the purchasing power of their wages...
Free-marketeers have long pointed out a particular asymmetry between capitalism and socialism (whether of the international or national variety). While anyone in a capitalist society would have a right to engage in socialism (as anyone can do now in our hampered...
The modern car is an abomination. These once glorious machines have been covered in so many needless hoses, cords, sensors, and plastic shields that a man cannot just open his hood and look at his engine. They are full of other invasive features due to persistent...
For more than two decades, the United States has waged a quiet, little-noticed air and special operations war across the Horn of Africa. If most Americans are unaware of this fact, that is no accident. The campaign in Somalia has been conducted so far from public...
