State Issuance of Paper Money in the Early Republic
[Chapter 5 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] A severe depression, bank contraction, a heavy burden of taxes to pay state debts, all this turned men’s thoughts to issuing paper money to finance government. Historians
The Anti-imperialist Ludwig von Mises
The historian Quinn Slobodian presents us in his article “Perfect Capitalism, Imperfect Humans: Race, Migration, and the Limits of Ludwig von Mises’s Globalism,” Contemporary European History (2018), with a surprising interpretation of Ludwig von Mises. According to Slobodian, Mises was
One Year Later: The Police Still Won’t Come Clean on Duncan Lemp’s Death
At 4:42 a.m. on this day a year ago [Friday, March 12], a Montgomery County SWAT team arrived outside of the bedroom where 21-year-old Duncan Lemp slept next to his pregnant girlfriend in his parents’ house in Potomac, Maryland. While
The Perseverance Rover and the possibility of Life on Mars
The Red Planet Mars has always been an enigma for many intellectuals, academicians and also laymen in general. There are many scientific reasons for going to Mars which can be condensed as the following, i) the search for life, ii)
The Truth about Sherman’s “Antitrust” Act
[This article originally appeared in the Austrian Economics Newsletter, Summer 1991, pp. 1–6. You read can also read it in PDF.] Today regulation is generally recognized as a mechanism by which special interests lobby the government to create barriers to entry
Why the State Won’t Tolerate Christianity’s Moral Code
On February 25, the House of Representatives passed the Equality Act, a bill that is touted as a step forward for civil rights in the United States. If enacted, the bill would add sexual orientation and gender identity to the
What Really Happened With the Texas Power Grid
Since the deep freeze in February caused millions of Texas homes to lose their power, partisans have been fighting over the blame. The governor blamed wind turbines and the green agenda, whereas Paul Krugman said the fault was with natural