Review: The New Abnormal: The Rise of the Biomedical Security State Senator Rand Paul mentions Aaron Kheriaty’s The New Abnormal: The Rise of the Biomedical State in his book Deception: The Great Covid Cover-Up. Dr. Kheriaty’s online biography includes the following

Please help us in our fight to save freedom in America—and indeed the rest of the world—by making as generous a donation as you can. I became a student of Austrian economics and libertarian philosophy by accident. In my first semester in

On the final Radio Rothbard of 2023, Ryan McMaken and Tho Bishop are joined by Patrick Newman. At a recent Mises event, Newman made some bold predictions about the Federal Reserve's actions in 2024, some of which already look to

[This article is chapter 5 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities. Now available at Amazon and in the Mises Store.] One of the most consistent and enthusiastic defenders of human rights and “natural rights” in the twentieth century was the economist

When Murray Rothbard established a realignment in libertarian thought, his standard was determined by sovereignty rather than bipartisanship. A right-wing populist platform might be the most popular campaign strategy in the last few years. Since Brexit, a trend has swept

Frédéric Bastiat is justifiably famous among believers in liberty. His many classic contributions include The Law and his essays “Government” and “That Which Is Seen and That Which Is Not Seen,” not to mention some of the best reductio ad

[From "The Exhaustion of the Reserve Fund" in Human Action, chap. 36.] The idea underlying all interventionist policies is that the higher income and wealth of the more affluent part of the population is a fund which can be freely used for

According to modern portfolio theory (MPT), financial asset prices always fully reflect all available and relevant information, and any adjustment to new information is virtually instantaneous. Thus, asset prices respond only to the unexpected part of information since the expected