Politics

Dr. Fegley is a Fellow of the Mises Institute and chair of business and economics at Montreat College. In 2023, he joined the Mises University faculty, teaching on bureaucracy in the deep state, political economy of policing, and could AI and big data solve the socialist calculation problem.

How can we determine if a private company is a true partner of the state—truly benefiting from state power—or if the private company is really a victim of the state?

Through the creation of a dizzying array of regulatory agencies and appointments of favorable personnel, big business successfully established a network of government-mandated cartels and monopolies that protected its interests.

The success of the American Revolution struck a heavy blow against the mercantilist system. But unfortunately, the wound was not mortal.

We are aware how the Federal Reserve’s actions help to finance the reckless profligacy of the US Government. However, most people don‘t know that the Fed itself, through its own reckless spending policies, is running deficits.

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Why don’t Austrian economists talk about trends?

Why don’t Austrian economists talk about trends?

Since there is no genuine test of merit in government’s “service” to consumers, the bureaucrats have decided that the metric of success is commanding a bigger staff and a bigger budget.

The Southern secession from 1861-65 is portrayed as a “lost cause” by supporters and an act of evil by its detractors. Murray Rothbard argued that the Confederates were seeking freedom from political oppressors, just as their ancestors had done in the American Revolution.