1+ week, 2+ day ago   (132+ words) From the September 3 edition of the Wall Street Journal. Young Americans are not living the failure of capitalism. They are living the cumulative failure of statism. In this week’s Friday Philosophy, Dr. David Gordon examines the defense of Virginia’s secession…...

1+ week, 3+ day ago   (162+ words) Johnson kept the hawks and replaced doves as they were ousted. Rothbard details the July 1965 meeting at which escalation was decided and the committee of power-elite figures formed to back it, along with Ellsworth Bunker’s role in the invasion of…...

1+ week, 3+ day ago   (164+ words) Rothbard traces Kennedy’s foreign policy appointments back to Lovett, the Rockefeller Foundation, and Lehman Brothers, then to the Bay of Pigs and the sugar company interests entangled with it. The chapter closes on Kennedy’s last foreign policy act: the green…...

1+ week, 3+ day ago   (176+ words) Rothbard reads the Second World War through rival interests: Rockefeller pressure for war with Japan over oil and rubber, Morgan commitment to Britain and France. He then follows the postwar Eastern Establishment, its “Cowboy” Sun Belt challengers, and the CIA…...

1+ week, 3+ day ago   (177+ words) Rothbard shows the Progressive Party ploy that delivered Wilson the presidency, the Morgan men who surrounded him, and the influence of Colonel House. With the Morgan empire financially precarious by 1914, the firm became fiscal agent for Britain and France; Rothbard…...

1+ week, 3+ day ago   (165+ words) McKinley’s assassination made a Morgan man president. Rothbard details the syndicate headed by J. P. Morgan and Company that bought the old French canal company’s shares before Roosevelt’s engineered Panamanian revolution doubled their price, and reads the antitrust assault on…...

1+ week, 3+ day ago   (177+ words) Rothbard’s opening thesis: commercial bankers, engaged in fractional reserve credit, always teeter toward bankruptcy and reach for bailout, while investment bankers underwrite government bonds and profit from deficits. He traces the first great American investment bank—Jay Cooke’s—to a…...

1+ week, 3+ day ago   (345+ words) The argument for AI solving inflation runs through productivity: better technology lowers costs, so prices fall. Dr. Mark Thornton of the Mises Institute takes that apart. Technology genuinely made computers and screens and phones cheaper, and it did nothing at…...

1+ week, 3+ day ago   (418+ words) As the US economy stumbles through rounds of inflation and self-inflicted crises, a look backward might be appropriate. To those that say we only should look to the future, the Federal Reserve’s history of the last two decades tells us…...

1+ week, 4+ day ago   (91+ words) Can fighting a war ever be just? Murray Rothbard dealt with that question and, of course, had some definitive answers.Original article: https://mises.org/mises-wire/ethical-foundations-just-war-doctrine The Ethical Foundations of the Just War Doctrine Can fighting a war ever be just? Murray Rothbard…...