Modern Historians Confront the American Revolution

Murray N. Rothbard

I. Basic Causes of the Revolution

The historian must be more than a chronicler, a mere lister of events. For his real task is discovering and setting forth the causal connections between events in human history, the complex chain of human purposes, choices, and consequences over time that have shaped the fate of mankind. Investigating the causes of such a portentous event as the American Revolution is more than a mere listing of preceding occurrences; for the historian must weigh the causal significance of these factors, and select those of overriding importance.

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We’re Living in a Chaos Economy. Here’s How to End It.

Mark Thornton

The Federal Reserve has been increasing the money supply at an explosive rate. The federal budget, deficits, and the trade deficit are record levels. Governments, both foreign and domestic, have locked down people, restricting production and consumption. How should this be viewed by an economist?

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Why Nazism Was Socialism and Why Socialism Is Totalitarian

George Reisman
My purpose today is to make just two main points: (1) To show why Nazi Germany was a socialist state, not a capitalist one. And (2) to show why socialism, understood as an economic system based on government ownership of the means of production, positively requires a totalitarian dictatorship.

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The Postpandemic World Is One of Widespread Dependence on Government

Per Bylund

The state strives for power, and what grants power is fear and dependence. The state is making people dependent on it, both as means for control and as an outcome of many policies intended to provide relief.

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The 1787 Constitution Was a Radical Assault on the Spirit of the Revolution

Murray N. Rothbard

(Originally posted on Mises.org)

It was a bloodless coup d’état against an unresisting Confederation Congress. The original structure of the new Constitution was now complete. The Federalists, by use of propaganda, chicanery, fraud, malapportionment of delegates, blackmail threats of secession, and even coercive laws, had managed to sustain enough delegates to defy the wishes of the majority of the American people and create a new Constitution. The drive was managed by a corps of brilliant members and representatives of the financial and landed oligarchy. These wealthy merchants and large landowners were joined by the urban artisans of the large cities in their drive to create a strong overriding central government—a supreme government with its own absolute power to tax, regulate commerce, and raise armies. These powers were sought eagerly as a method of handing out special privileges to commercial groups: navigation acts to subsidize shipping, tariffs to protect inefficient artisans stampeded by national depression from foreign manufactured goods, and a strong army and navy to pursue an aggressive foreign policy designed to force the opening of West Indies ports, the Mississippi River, and the Northwest. And, to pay for all of these bounties, a central taxing power would be harnessed that could also assume and pay the public debt held by wealthy speculators. But government, by its nature, cannot supply bounties and privileges without taking them from others, and these others were to be largely the hapless bulk of the nation’s citizens, the inland subsistence farmers. In western Massachusetts, taxes to pay a heavy public debt owned by wealthy men in the East had produced Shays’ Rebellion. Now, a new super government was emerging and carrying out on a national scale the mercantilist principle of taxation, regulation, and special privilege for the benefit of favored groups (“the few”) at the expense of the bulk of producers and consumers in the country (“the many”). And while to acquire sufficient support they had to purchase allies among the mass of the people (e.g., urban artisans), the major concentration of benefits and privileges would undoubtedly accrue to America’s aristocracy.

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Inflation Is Killing the Recovery

Daniel Lacalle

(Originally posted on Mises.org)

Last week, Ned Davis Research published a note titled “Turns Out, Growth Looks like It Was Transitory—Inflation Is More Sticky.” There are many factors that show us that consumers and salaries are being eaten away by inflation, leading to an abrupt halt in the recovery. Autos and new home sales plunged, real disposable personal income has plummeted, and real median wage growth is lower than inflation.

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The Public Health Officials Say “Trust Us.” The Data Says Otherwise.

Anthony Rozmajzl

(Originally posted on Mises.org)

I hate to be the bearer of bad news, Ben Shapiro, but feelings trump facts when it comes to covid-19. This is thanks entirely to the love triangle forged between the corporate press, government officials, and tech giants whose sinister and divisive campaign of fear and censorship spawned a reaction so virulent that society was upended in a matter of weeks for a virus with a 99 percent plus survival rate.

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Is an Educated Population Really Necessary for Innovation and Growth?

Lipton Matthews

(Originally posted on Mises.org)

Lamentations that the waves of innovation are receding have engulfed policy circles. Distinguished economist Robert Gordon avers that the days of transformative innovations are over. Like Peter Thiel, he is disappointed at the incremental nature of modern-day inventions. The declinist thesis is predicated on the assumption that groundbreaking innovations like the steam engine, electricity, and the telephone are becoming exceedingly rare. Educing evidence to prove this observation has been quite easy, but we are less astute at understanding why innovation is declining.

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US Military Propaganda in Film, Sports, and TV: It’s Everywhere

Zachary Yost

(Originally posted on Mises.org)

I was a young lad of thirteen when the first Transformers film directed by Michael Bay premiered in theaters. I do not recall much about it other than Megan Fox working on Shia Labeouf’s car, but apparently, this sultry façade was hiding a darker secret: the film was actually government-supported propaganda produced with extensive involvement from the military. This is just one of the many surprising and sometimes shocking things I learned from Christopher J. Coyne and Abigail R. Hall’s new book, Manufacturing Militarism: U.S. Government Propaganda in the War on Terror, which should be read by everyone who seeks to more fully understand the extent to which militaristic propaganda has pervaded seemingly every aspect of our society.

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Debunking Biden’s Claim We Must “Protect the Vaccinated from the Unvaccinated”

Ryan McMaken

The official line on vaccines is that they are extremely effective at protecting against serious illness. And yet, these same people are also claiming that the unvaccinated are a major threat to the vaccinated.

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Biden’s Vaccine Mandates: It’s about Power

Ryan McMaken

(Originally posted on (Mises.Org)

The Biden administration on Thursday announced sweeping new mandates. The new mandates require that all employers with more than one hundred workers require workers to be vaccinated or to test for the virus weekly. The mandates also require covid vaccinations for the 17 million workers at health facilities that receive federal Medicare or Medicaid. Moreover, vaccines are mandated for all employees of the federal government’s executive branch, and for all contractors who do business with the federal government. There is no option to test out in these cases.

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Remember When Conservatives “Canceled” Anyone against the War on Terror? I Do.

James Bovard

(Originally posted on Mises.org)

Life in American changed twenty years ago after the 9/11 attacks. Many Americans became enraged at anyone who did not swear allegiance to President George W. Bush’s anti terrorism crusade. Anyone who denied “they hate us for our freedoms” automatically became an enemy of freedom.

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The Moral Law versus Tyranny

Gary Galles

Originally posted on Mises.org)

It struck me recently just how frequently we use the word “law” in our conversations. I read or hear, “That’s against the law” when someone wants someone else not to do something, and “There ought to be a law” when someone wants to further restrict others. I read arguments about what it really means to say that the Constitution is the highest law of the land. But few people seem to be thinking more than a millimeter deep about law—is there any law beyond civil law? What do we mean when we say “law” in a particular context? What are the current limitations on law? What should the limits on law be?

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Biden’s Rescue Act Targets Americans’ Freedoms

James Bovard

(Originally posted on Mises.org)

Since the 1800s, surly Americans have derided politicians for spending tax dollars “like drunken sailors.” Until recently, that was considered a grave character fault. But Joe Biden’s American Rescue Plan Act shows that inebriated spending is now the path to national salvation.

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We’re in the Middle of a Long War with the State

Ryan McMaken

(Originally posted on Mises.org)

The term “the state” is a term that gets thrown around a lot with various meanings. Even excluding the confusing American terminology in which the United States is composed of “states,” we’re still left with many other meanings. For example, in the international relations literature, most independent countries are generally referred to as states. Historically, governments and polities of all types have been referred to as states.

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Democracy’s Road to Tyranny

Erik von Kuehnelt-Leddihn

(Originally posted on Mises.org)

Plato, in his Republic, tells us that tyranny arises, as a rule, from democracy. Historically, this process has occurred in three quite different ways. Before describing these several patterns of social change, let us state precisely what we mean by “democracy.”

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Consumer Expectations Don’t Tell Us Much about the Real State of the Economy

Frank Shostak

(Originally posted on Mises.org)

In order to gain insight into the current and future state of an economy, many economists hold that it is helpful to get the view on this from consumers and businesspersons. Randomly selected consumers and businesspersons are asked to provide their views about the current and the future state of the economy.

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The Roots of “Anticapitalism”

Erik von Kuehnelt-Leddihn

(Originally posted on Mises.org)

In many minds, “capitalism” has come to be a bad word, nor does “free enterprise” sound much better. I remember seeing posters in Russia in the early nineteen-thirties depicting capitalists as Frankenstein monsters, as men with yellow-green faces, crocodile teeth, dressed in cutaways and adorned by top hats. What is the reason for this widespread hatred for capitalists and capitalism despite the overwhelming evidence that the system has truly “delivered the goods”? In its mature stage it indeed is providing, not just for a select few but for the masses, a standard of living cordially envied by those bound under other politico-economic arrangements. There are historic, psychological and moral reasons for this state of affairs. Once we recognize them, we might come to better understanding the largely irrational resentment and desire to kill the goose that lays the golden eggs.

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Sticks, Not Carrots: Vaccines Must Be Forced, Says Indiana University Health Chief

Alice Salles

(Originally posted on Mises.org)

Vaccine mandates are coming. Good, said Indiana University chief health officer Aaron E. Carroll. 

“When it comes to incentives, most people like carrots,” Carroll wrote in his New York Times essay. “Sometimes, though, people need sticks.”

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The Twilight of the Antifederalists

Murray N. Rothbard

(Originally posted on Mises.org)

New York was the toughest nut for the Federalists to crack. For here was one state where not only was the population overwhelmingly opposed to the Constitution, but the opposition was also in firm and determined control of the state government and the state political machinery. Here was a powerful governor, George Clinton, who would not, like Hancock and Randolph in the other critical states, yield to a sellout under pressure. Clinton had been a highly popular governor since the formation of the state, had a strong political machinery based on the mass of upstate yeomanry, and was determined to organize and defeat the Constitution.

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