Warren Harding and the Forgotten Depression of 1920

Warren Harding and the Forgotten Depression of 1920

It is a cliché that if we do not study the past we are condemned to repeat it. Almost equally certain, however, is that if there are lessons to be learned from an historical episode, the political class will draw all the wrong ones — and often deliberately so. Far from viewing the past as a potential source of wisdom and insight, political regimes have a habit of employing history as an ideological weapon, to be distorted and manipulated in the service of present-day ambitions. That's what Winston Churchill meant when he described the history of the Soviet Union as "unpredictable." For this...

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What the McCain Eulogies Tell Us About the Media and the Regime

John McCain is dead. People tell me I should not criticize him right now. I do think some people are behaving in bad taste. But I do not think I am prohibited from making sober remarks at a moment when so many Americans, and the opinion molders who tell them what to think, are getting ludicrously carried away. The phenomenon we are witnessing is so Orwellian that I can’t resist exploring it. I am less concerned with criticizing McCain — there will be ample time for that — than I am with trying to understand the regime under which we live, and the media lackeys that glorify it. The tributes...

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Tom Woods

Thomas E. Woods, Jr., is the 2019 winner of the Hayek Lifetime Achievement Award from the Austrian Economics Center in Vienna. He is a senior fellow of the Mises Institute and host of the Tom Woods Show. Tom holds a bachelor’s degree in history from Harvard and his master’s, M.Phil., and Ph.D. from Columbia University.



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Last Rights: The Death of American Liberty

Last Rights: The Death of American Liberty

Americans today have “freedom” to be fleeced, groped, injected, harassed, surveilled, vilified, disarmed, beaten, detained, and maybe shot by federal agents. From hapless homeowners hit by SWAT raids to pandemic lockdowns pointlessly paralyzing lives, government...

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