The Blue Wave and Its Consequences

Western nations are concerned with the influx of refugees from abroad. However, the refugees often are victims of the wars that were begun and expanded by those same western countries. Original article: https://mises.org/mises-wire/dual-tax-empire-funding-destruction-abroad-and-displacement-home

On this episode of Minor Issues, Mark Thornton examines the economic consequences of America’s growing national debt and the political incentives that keep government borrowing and spending expanding. Drawing on historical examples and Austrian economic theory, Mark explains how government debt diverts resources from productive investment, undermines wage growth, and encourages inflation. He also challenges conventional GDP accounting and mainstream economists who downplay the dangers of public debt, arguing that today’s borrowing comes at the expense of future prosperity. Additional Resources “The Everything Bubble: Where Is the Risk Hiding?” (The Kinvestor Report): https://youtu.be/l84jqgAy8lc “Why Governments Are Preparing For Crisis” (Liberty and Finance): https://youtu.be/jcqPKo4W5VM 2026 is the Year of Rothbard—Murray’s 100th birthday—and we’re celebrating by giving away free copies of War Collectivism: Power, Business, and the Intellectual Class in World War I through November 30. Grab yours today at https://mises.org/issuesfree 20% off listener offer on the insulated Minor Issues tumbler and three of Mark’s books: https://mises.org/MinorIssuesTumbler. Use coupon code Thornton. Be sure to follow Minor Issues at https://Mises.org/MinorIssues

Historically, with the state came the church, and with the church came the state. This insight is key to understanding the underappreciated role of religion in the American Revolution. Original article: https://mises.org/mises-wire/awakening-revolution-religious-salutary-neglect-and-controversy-anglican-bishops

The latest answer to the affordable housing crisis is to build more government-owned units. Far from being a solution, it will lead to even more housing shortages. Original article: https://mises.org/mises-wire/public-housing-provides-no-shelter-shortages

The Trump administration insists its actions against Cuba are justified because of Cuba’s communist government. Murray Rothbard, an enemy of communism, had harsh words against this kind of US interventionism. Original article: https://mises.org/mises-wire/economic-sanctions-state-power-and-cuba-rothbardian-critique-us-interventionism

John C. Calhoun often is misquoted and misinterpreted by modern historians. David Gordon and Wanjiru Njoya look to help set the record straight. Original article: https://mises.org/mises-wire/murray-rothbard-john-c-calhoun

Thanks to hard working American taxpayers, savers, and entrepreneurs, the experiences of American military personnel are increasingly defined by jobs like "drone pilot" that are nothing like the cannon-fodder jobs of old. Original article: https://mises.org/mises-wire/veterans-day-thank-taxpayer

The government’s 988 line was created as a hot line to prevent suicides. While the intentions behind it might be good, there is no evidence that it actually succeeds in reducing the number of people who take their own lives. Original article: https://mises.org/mises-wire/988-may-be-government-experiment-no-exit-plan

Veterans Day grew out of the relief that a devastating war was finally over. Today, politicians use it to praise the kind of sacrifice they continue to demand in wars that do not need to be fought. Read the article here: https://mises.org/mises-wire/cruel-irony-veterans-day 2026 is the Year of Rothbard—Murray’s 100th birthday—and we’re celebrating by giving away free copies of War Collectivism: Power, Business, and the Intellectual Class in World War I through November 30. Grab yours today at https://mises.org/gabfreebook Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

Mises distinguishes the older pacifism of dreamers appealing to the high-mindedness of kings—which history simply left off its agenda—from the pacifism grounded in natural law, economic liberalism and democracy. He then turns on Wilson’s League of Nations, reading it as a new Holy Alliance: another division of the world presuming to be final.