The End of Power

Editor’s Pick. Written by Moisés Naím. Power is shifting—from large, stable armies to loose bands of insurgents, from corporate leviathans to nimble start-ups, from presidential palaces to public squares. It has become harder to wield power and easier to lose it, and the world is becoming less predictable as a result. As people become more…

Economic Fascism and the Power Elite

Written by David S. D’Amato for Mises.org. The state—the organization of the political means—is the institution that allows an idle, unproductive class of parasites to live at the expense of ordinary, working people, whose means are industrious activity and consensual exchange in the marketplace. We ought not assume, however, that the indigent segment of society,…