“Nothing is so permanent”, noted Milton Friedman, “as a temporary government programme”. Friedman died in 2006, a couple of years before Fannie Mae and Freddie Mac, two enormous government-sponsored enterprises (GSEs) that provide liquidity to the American mortgage market, were bailed out during the global financial crisis. The firms were taken into “conservatorship”, a form of temporary government control. It has now been in place for almost 17 years.
Last Saturday, the third so-called “No Kings” protest took place in cities across the US. Left-leaning protestors again took to...
We’re joining our friends at Liberty Matters in their celebration of the 250th anniversary of the publication of An Inquiry...
ISRAEL CRACKS DOWN ON LARGE ANTI-WAR PROTEST POLICE CLASH WITH HUNDREDS ‘LARGEST PROTEST TO DATE’ pic.twitter.com/KHu3J7c8um — RT (@RT_com) March...
Gas prices are displayed at a Mobil gas station on March 30, 2026 in Pasadena, California. Mario Tama | Getty...
Karl Marx believed machines would eventually turn workers into something disposable. In The Communist Manifesto, Marx and Engels wrote that...
America’s Fatal Leap, 1991–2016By Paul W. SchroederVerso, 2025; 298 pp.In this issue of The Misesian, we pay tribute to the...
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