What the incompatibility of war and capitalism really means is that war and high civilization are incompatible. If the efficiency of capitalism is directed by governments toward the output of instruments of destruction, the ingenuity of private business turns out weapons which are powerful enough to destroy everything. What makes war and capitalism incompatible with one another is precisely the unparalleled efficiency of the capitalist mode of production.
– Ludwig von Mises, Human Action [1949] |
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March 11, 2024
Is the Drug War Finally Over?
The U.S. government just convicted Juan Orlando Hernandez of a drug offense. Who’s he? He’s the former president of Honduras. U.S. officials charged him with conspiracy to import hundreds of tons of cocaine into the United States. Last Friday, a federal jury in New York found him guilty. Yay! The drug war is now over, right? Well, not exactly. In fact, if truth … |
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Abolish the Minimum Wage
by Jacob G. Hornberger and Richard M. Ebeling
In this week’s Libertarian Angle, Jacob and Richard discuss why California’s new law raising the minimum wage … |
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End the Alcohol Nanny State
by Laurence M. Vance
The one substance that government at all levels in the United States has sought to regulate and tax like no other is alcohol. The latest … |
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The Virtues of Unilateral Free Trade
by Jacob G. Hornberger and Richard M. Ebeling
In this week’s Libertarian Angle, Jacob and Richard discuss the benefits of unilaterally ending all restrictions on … |
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The Libertarian Angle
Thursday, March 14, 2024
World Wide Web
Speaker: Jacob Hornberger and Richard M. Ebeling |
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