Politics
President Trump is levying high tariffs without consent of Congress, despite the fact that the US Constitution gives only Congress the power to set...
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President Trump is levying high tariffs without consent of Congress, despite the fact that the US Constitution gives only Congress the power to set...
Dr. Fegley is a Fellow of the Mises Institute and chair of business and economics at Montreat College. In 2023, he joined the Mises...
The success of the American Revolution struck a heavy blow against the mercantilist system. But unfortunately, the wound was not mortal.
Marx failed to grasp that there are laws of human action that apply universally. His understanding of economics was far inferior to that of...
What would Mises say about election predictions like “Donald Trump has a 53% chance of winning”?
Tariffs don‘t just raise consumer prices. They also affect capital flows and on numerous occasions have triggered stock market crises. What tariffs don‘t bring...
When politics invades our lives, cooperation is replaced with coercion and conflict.
Using state power to enforce social orthodoxy is always a recipe for disaster. Radical Republican governments in the post-war South attempted to do just...
Interventionists often claim that market economies naturally lead to monopolies, which mean there is no more economic competition. However, within market processes, there always...