That war is of benefit to the business of voluntary exchange to mutual benefit is, as one of the last British bearers of the classical liberal flame, Norman Angell, remarked in 1909, the great illusion. Certainly there were some industries that gained, such as the...
Featured Articles
The Medicare Casino
by Thomas Eddlem | Jan 13, 2025 | Economics, Featured Articles
Is Medicare a good program, financially speaking, for ordinary working people? Medicare Part A (the part that’s funded by payroll taxes) spent $394.6 billion in 2024 for the approximately sixty million of the over 65-years-of-age Americans on Medicare Part A (about...
The United States Always Knew NATO Expansion Would Lead to War
by Ted Snider | Jan 13, 2025 | Featured Articles, Foreign Policy
The present severed from the past is easily misunderstood. In discussions of the Russia-Ukraine war, not enough is made of the historical fact that, at the end of the Cold War, the newly independent Ukraine promised not to join NATO, and NATO promised not to expand to...
TGIF: Efficient Bureaucracy?
by Sheldon Richman | Jan 10, 2025 | Economics, Featured Articles, Politics, Sheldon Richman, TGIF
With all the talk about government efficiency, it would be useful to remind ourselves why bureaucracies differ radically from for-profit businesses. Ludwig von Mises devoted a short but enlightening volume to this subject in 1944, Bureaucracy. Elon Musk and Vivek...
An Anti-Capitalist Human Sacrifice
by John Weeks | Jan 9, 2025 | Featured Articles
The rise of the Luigi Mangione hero cult has sharpened the deep divisions within our society, fueled our political animosities, and crystallized the internal contradictions within our government supremacist, anti-capitalist, domestic imperialist cultural order....
It’s Still Police Misconduct, Even on January 6
by Stark Realities with Brian McGlinchey | Jan 9, 2025 | Criminal Justice, Featured Articles
Contrary to exaggerated, partisan rhetoric that frames the January 6, 2021 Capitol Hill riot as a “deadly insurrection,” the truth is that only one homicide occurred that day. The victim, an unarmed Trump supporter, was shot and killed by a police officer with a...
We Must End the Sham of Presidential Medals of Freedom
by Jim Bovard | Jan 8, 2025 | Featured Articles
Joe Biden is determined to 'Leave No Washington Sham Behind' before his presidency ends on January 20. On Saturday, Biden presented Presidential Medals of Freedom to a rogue’s gallery of shysters, donors, bootlickers, as well as some innocent bystanders and dead...
Should Panama Be Afraid of Trump’s New Imperialism?
by Ted Snider | Jan 8, 2025 | Featured Articles, Foreign Policy
U.S. President-elect Donald Trump has recently taken to calling the outgoing Prime Minister of Canada the “Governor…of the Great State of Canada.” In past days, he has gone beyond the jocular tone that some Canadian ministers have insisted he had, citing quite...