Current international tensions have intensified a debate that has existed for at least a decade between two radically different views of the world and international relations: the unipolar world and the multipolar world. When libertarians disagree on foreign policy, the underlying cause is often this difference in worldview. The purpose of this
On January 17, the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to selling oil in currencies other than the dollar. “There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether it is the euro, whether it is the Saudi riyal,” Al-Jadaan told Bloomberg TV .
Ukrainian president Volodymyr Zelensky recently announced a drastic tax cut . The program, entitled 10-10-10, is designed to lower taxes and encourage residents to pay them in the hopes of reducing the shadow economy. In Ukraine, the value-added tax (VAT) rate is uniform and amounts to 20 percent and personal income tax rate 18 percent. Zelensky
Nigel Biggar, a recently retired professor of theology at Oxford University, has never shunned controversy, as the title of one of his books, In Defence of War , suggests. In this week’s column, I’d like to examine an article of his, “ A Christian Defense of American Empire ,” that appeared in the October 2022 issue of First Things . As you might
In today’s world, dominated as it is by the ephemeral, the superficial, and the inconsequential, it can be hard for a rational, dispassionate observer to make sense of what is going on—politically, socially, economically, and philosophically. It is that last aspect that gets the least “oxygen” in mainstream media, in public education, and in
On Saturday, protests supporting Julian Assange will occur around the world. In London, Assange supporters will link arms around the parliament building. Protests will also occur outside the Justice Department headquarters in Washington (I’ll be one of the speakers), D.C., and in San Francisco, Tulsa, Denver, and Seattle, as well as in Australia.
Kish, since you are wondering, is an Iranian island in the Persian Gulf famed for its tourist and shopping attractions. It is becoming a serious rival to other nearby vacation hubs in Doha and Dubai. Along with pristine beaches and extensive malls, Kish is—or rather ought to be—known more widely for another feature and institution which the
The ongoing war in Ukraine has forced many Westerners to consider the realism of Carl von Clausewitz’s classic On War. The Prussian military theorist famously wrote that: “War is nothing but a continuation of politics with the admixture of other means.” Though this observation may seem strange or even shocking to modern Western ears, it is the
The end of world dollar hegemony is coming and hardly anyone in government is taking notice or even understands what this means. Since the Bretton Woods Conference in 1944, the dollar has been the only currency accepted throughout the world for settlement of international trade accounts among nations. Prior to 1944, physical gold was used for
Commentaries about World War I frequently discuss causes and consequences but almost never mention the enablers. At best, they might mention them approvingly, as if we were fortunate to have had the Fed and the income tax, along with the ingenuity of the liberty bond programs, to finance our glorious role in that bloodbath. Economist Benjamin
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.