In a recent article for Die Weltwoche, Phillip Gut discusses the “triumph of the chainsaw,” citing specific praise for Javier Milei in The Washington Post.
“The rapid transition from nearly a century of socialism to free-market capitalism continues to demonstrate the superiority of the latter,” says Gut. However, the Milei administration, which took office in December 2023, is actually just as socialist as its predecessors. So what free-market capitalism is Gut talking about? Indeed, beyond a few half-hearted steps toward deregulation—which in no way challenge the most cherished interests of the business classes most closely tied to power—Mileism is more of the same, even in Argentina’s statism standards: high taxes, money printing, indebtedness, and so on. There is certainly no clear improvement whatsoever.
This is how writer and economist Andy Duncan began the opening lecture at the annual meeting of the Property & Freedom Society (PFS), held in September 2012 in Bodrum, Turkey. [continue reading…]
That’s “a categoric no” said Daniel McAdams, director of the Ron Paul Institute. Ron Paul “would never say the things” that Milei says about foreign policy. Neither would any real libertarian.
The Death Penalty for Terrorists Law (Hebrew: חוק עונש מוות למחבלים, romanized: Hok Onish Mevot leMachavlim) is a 2026 Israeli law. It prescribes execution by hanging for certain terrorist offences, and in practice applies only to Palestinians and not Jewish Israelis.[1][2][3] The bill was passed 62–48 by the Knesset on 30 March 2026.
The first two chapters—my “Preface” and Hans’s “Introduction”—were published the week of Rothbard’s birthday here on the Property and Freedom Podcast (PFP315 and PFP314). The other main chapters will be released sequentially weekly on Mondays. The next in the queue:
Germany is preparing for war and, above all, is preparing for that particular form of enslavement represented by military conscription. Many German media outlets have highlighted the fact that, starting from January 1, 2026, all German men between the ages of 17 and 45 will be required to obtain authorization from the Bundeswehr Career Center (Karrierecenter der Bundeswehr) if they intend to leave German territory for more than three months.
The Rothbard Institute from Brazil has published today my article “The Mises Institute Versus the Legacy of Murray Rothbard.”
In the article, I discuss the decline in the quality of the articles published on Mises.org over the last few years, a trend in which the emergence of Javier Milei has played a significant role.
For more on the editorial decline at Mises.org, click here.
Given the nature of your recent public statements about the Mises Institute,1 we hereby grant you a Distinguished Eternal Fellow designation. We will host more than ever your past, present and future articles, books, and lectures on rothbardbrasil.com.
That Germany is not a free country and that free speech is under attack there, as all over the so-called free world, is hardly news. However, there are some peculiarities of Germany illustrated here.
The AFD (Alternative for Germany) election campaign poster from Wilko Möller below reads: We protect your children.
AFD (Alternative for Germany) election campaign poster from Wilko Möller: “We protect your children”
In 2026, a German court ruled that the raised-arm gesture (especially the man’s right arm) visually resembled the banned Hitler salute closely enough to violate a special German law prohibiting the use of symbols of so-called unconstitutional organizations. Möller was fined 11,600 Euros. The verdict is still under appeal.
Incidentally, the same law prohibits the exclamation, in public speeches, of “Alles für Deutschland” (Everything for Germany). AFD politician Björn Höcke was found in violation of the law twice, and fined first 13,000 Euro, and for the second time 19,900 Euro.
On my list of things to write someday is an overview of the social thought of Hoppe, whom I consider to be the preeminent social thinker of our time, along the lines of Oxford University Press’s 100-page “A Very Short Introduction” series (previously called “Past Masters“).1 I may use the term “A Précis” due to my fascination with Louisiana law and French terms and my former law professor Alain Levasseur’s fondness for this term for a concise, student-oriented textbook or summary-style treatise, something shorter and more accessible than a full-scale, comprehensive treatise, or “a student edition of a comprehensive treatise with the same title.”2
In the meantime, the assembled links will have to suffice.
See, e.g., Plato by R.M. Hare, Kant by Roger Scruton, etc. [↩]
See, e.g., Alain Levasseur, Louisiana Law of Obligations in General: A Précis (3rd ed. LexisNexis, 2009); idem, Louisiana Law of Conventional Obligations: A Précis (LexisNexis, 2010); idem, Alain Levasseur and David Gruning, Louisiana Law of Sale and Lease: A Précis, 3rd ed. (Durham, NC: Carolina Academic Press, 2015). [↩]
This is April 1, but this is not an April Fool’s Day joke (I despise April Fool’s Day jokes).
In response to “Mises Institute: Quo Vadis?,” Property and Freedom Journal (March 25, 2026), Professor Hoppe has been removed as a Distinguished Senior Fellow (~2000–2026) with the Ludwig von Mises Institute, as indicated in the following email exchange. Hans was appointed Senior Fellow early in his association with the Mises Institute, which began when he moved to the US to study with Rothbard in 1985, and elevated to Distinguished Senior Fellow around 2000 or so. Hans remains the only person to have ever received this distinction from the Mises Institute; it now has no one with this designation.1
In response to all this, Hans asked me to post this image:
Hi, I’m Walter Castillo. I am writing to you to share Paul Villegas’ writings regarding his ‘proposal’ for the ‘axiom of contextual action’ and his ‘defense’ of Hayek. I would like to know your opinion, criticism, or refutation of his publications.
Martin, Milei having the … chutzpah … to attack Hoppe as economically illiterate (while later praising him yet again, like a schizo) reminds me of the time that Cato pest Tom Palmer had the temerity to attack Hans Hoppe for noting that on the free market, “unemployment” is “always voluntary.” When I defended Hoppe to Palmer, he wrote me:
[…] who could take a self-described economist seriously when he writes that unemployment is impossible in a free market? And when he claims that that’s somehow an implication of Austrian economics he adds insult to ignorance. […] The fact is that Mr. Hoppe is an embarrassment.
Javier Milei’s administration has recently announced a plan to inject pesos through Argentina’s central bank, with the declared objective of boosting consumption and thus “stimulating growth. This implies a reduction by 5 points in the banking system reserve requirements.”1[continue reading…]
The first two chapters—my “Preface” and Hans’s “Introduction”—were published the week of Rothbard’s birthday here on the Property and Freedom Podcast (PFP315 and PFP314). The other main chapters will be released sequentially weekly on Mondays. The next in the queue:
Lots of libertarians adore Congressman Thomas Massie. It’s not quite clear why; he never claims to be a libertarian.
“Massie describes himself as a constitutional conservative. He believes in intellectual property and thinks it is necessary for incentivizing innovation. Massie has remarked that this is one of the areas where he is not a libertarian.”https://t.co/SQY94D56ns
Massie describes himself as a constitutional conservative. He believes in intellectual property and thinks it is necessary for incentivizing innovation. Massie has remarked that this is one of the areas where he is not a libertarian.
Bloomberg reported last week that Turkey sold and swapped a total of nearly 60 tons of gold due to the US-Israel war on Iran which is putting a strain on “Turkey’s disinflation strategy, which relies heavily on maintaining a stable or steadily depreciating lira, including with hard-currency interventions, usually via state-run banks. Rising energy import costs and increased dollar demand since the conflict began have made that approach more challenging to maintain.” The Istanbul Post reports that the Lira is now trading 44.44 to the dollar. Back in 2022 one US dollar bought 18.3866 lira. [continue reading…]
When Israel and the US launched their war on Iran, they claimed it would last a few days. A few days later, they said it would last 3 to 4 weeks. As the fourth week ends, it is a good time to take stock of what has happened and the war’s scoreboard, and the political and economic implications. Military matters are unpredictable, and everything can change quickly in battlefields, so this analysis is tentative, but there are clear changes in the facts on the ground so far that indicate the US has suffered a significant setback with important ramifications, and if the US chooses to double down, it may exacerbate it, with momentous political, economic, and military implications for the Middle East, the US, and the world at large.
In a 2003 article on the American Enterprise Institute web site entitled “The Neoconservative Persuasion” the late Irving Kristol boasted of being the “godfather” of neoconservatism. Gaining political clout in the 1980s during the Reagan administration, the neocons have dominated American foreign policy ever since.
In his article Kristol explained that the original neocons like himself were all former communist “Trotskyists” who decided to temper their communistic impulses in light of all the failures of socialism. They remained foreign policy imperialists, statists, Zionists, and enemies of classical liberalism, however, as Kristol also explained in the article. [continue reading…]
The Property and Freedom Journal of the PFS serves as a more formal counterpart to the Property and Freedom Blog features in-depth articles and papers on topics of interest to PFS members and others, such as economics, history, and contemporary political issues, typically from authors writing in the Rothbardian/Misesian Austro-libertarian perspective.
Editor: Stephan Kinsella
Executive Editor: Hans-Hermann Hoppe
We will also add to the journal some previous articles previously published as stand-alone articles at the PFS site.
En el mundo anarcocapitalista y austriaco se habla de Hans-Hermann Hoppe, Murray Rothbard o Ludwig von Mises y está bien, pero el nombre de Thomas DiLorenzo queda sistemáticamente relegado. No es casualidad. pic.twitter.com/6tzkPRiJ4n
In the anarcho-capitalist and Austrian world, people talk about Hans-Hermann Hoppe, Murray Rothbard, or Ludwig von Mises, and that’s fine, but the name of Thomas DiLorenzo is systematically relegated. It’s no coincidence.
Mises Institute, 2019 Austrian Economics Research Conference (AERC), Mises Institute, Auburn, Alabama (March 22–23, 2019), Panel: The Significance of Hans-Hermann Hoppe, on the occasion of Professor Hoppe’s 70th birth year
As noted here, the 2026 Twentieth Annual Meeting of the Property and Freedom Society will be held from Thursday, September 17, 2026 to Tuesday, September 22, 2026.
To donate with BITCOIN please use the address below. If you would like us to credit your payment (for dues, conference fees, etc.) please email Stephan Kinsella ([email protected]) when you make the bitcoin payment.
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“Property does not exist because there are laws, but laws exist because there is property.” — FrédéricBastiat
“Because the concept of property, for instance, is so basic that everyone seems to have some immediate understanding of it, most people never think about it carefully and can, as a consequence, produce at best a very vague definition. But starting from imprecisely stated or assumed definitions and building a complex network of thought upon them can lead only to intellectual disaster. For the original imprecisions and loopholes will then pervade and distort everything derived from them. To avoid this, the concept of property must first be clarified.” —Hans-Hermann Hoppe, TSC, ch. 2
The Property and Freedom Society (PFS; Facebook) stands for an uncompromising intellectual radicalism: for justly acquired private property, freedom of contract, freedom of association—which logically implies the right to not associate with, or to discriminate against—anyone in one's personal and business relations—and unconditional free trade. It condemns imperialism and militarism and their fomenters, and champions peace. It rejects positivism, relativism, and egalitarianism in any form, whether of "outcome" or "opportunity," and it has an outspoken distaste for politics and politicians. As such it seeks to avoid any association with the policies and proponents of interventionism, which Ludwig von Mises identified in 1946 as the fatal flaw in the plan of the many earlier and contemporary attempts by intellectuals alarmed by the rising tide of socialism and totalitarianism to found an anti-socialist ideological movement. Mises wrote: "What these frightened intellectuals did not comprehend was that all those measures of government interference with business which they advocated are abortive. ... There is no middle way. Either the consumers are supreme or the government."
(A more complete statement of our Principles can be found here.)
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