Mises Institute

On this episode of Power & Market, Ryan, Connor, and Tho look at the economic fallout from the war in Iran. How has Iran been able to control the Strait of Hormuz? How might central bankers react? And draft talk out of Washington? Tune in to hear about this and more, as well as a preview of next week’s Libertarian Scholars Conference and Austrian Economics Research Conference.

The radical classical liberals of the past were not so naive as to think that words on paper would prevent the abuses of the central state. Allowing the central state to have a monopoly on coercive power is always a mistake.

Original article: https://mises.org/mises-wire/only-power-can-check-power

The Duke Lacrosse Case would never have been a legal item had not the police and prosecutors of the case lied and broken the law on numerous occasions. Here is a small sampling of the lies they told.

Original article: https://mises.org/mises-wire/duke-lacrosse-case-20-years-later-how-durham-law-enforcement-promoted-criminal-conspiracy

As recent history shows, there are few things more courageous for a president to do than face down the ever-accelerating, wealth-draining, conflict-amplifying warfare state in DC. Trump has decided to go in the opposite direction.

Read the article here: https://mises.org/mises-wire/launching-war-iran-was-no-act-courage

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The Trump White House can’t decide on a reason for why it went to war. But one goal is clearly regime change. Ryan McMaken and Zachary Yost discuss the many obstacles to this unlikely outcome.

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On the latest episode of Minor Issues, Mark Thornton appears on Arcadia Economics with Chris Marcus during a volatile week for gold and silver amid the escalation with Iran. They unpack the risks and “unintended consequences” of the conflict, along with what all of this means for markets, the dollar, and investor psychology. Mark closes with a hard look at the Fed-fueled, fifteen-year bubble of credit and debt, the growing stress in sovereign debt markets, and why central bankers can’t “magic away” the structural problems that created this mess.

The original episode is available at https://www.youtube.com/watch?v=MQn1GenrMyQ

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As we celebrate the Centennial of the birth of Murray Rothbard, we look at his commentary on the American Revolution, where it promoted liberty and where the creation of the Constitution became liberty’s roadblock.

Original article: https://mises.org/mises-wire/rothbard-and-american-revolution

Sponsored by Furman Conservative Students for a Better Tomorrow, 25 February 2012 at Furman University; Greenville, SC.

The current US conflict with Iran has its roots in the CIA-backed coup in 1953, which removed a democratically-elected prime minister and replaced him with the Shah. The Shah’s government ultimately collapsed, leading to the current Islamic republic.

Original article: https://mises.org/mises-wire/operation-ajax-1953-cias-template-and-warnings-today

When it comes to foreign policy, what matters are powerful interest groups. The ordinary voters who pay all the bills don't matter. The interest groups pushing for pro-Israel wars in the Middle East are especially powerful.

Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL