Digital Currencies Are Changing the Money Landscape
Government-mandated money in the form of legal tender is a historical anomaly. For much of mankind’s history private monies and quasi monies competed alongside each other. Now, again, a new …
Mises Wire
What to Expect from Bidenomics
On Tuesday, January 19, 2021, the Treasury secretary designate Janet Yellen outlined before the Senate Finance Committee the likely course of President Joe Biden’s economic policies in the months ahead. Given …
Lessons on Economic Freedom from Ancient Greece
Economic freedom isn’t a modern invention. Throughout history, we find time and time again that those areas with the most economic freedom were the most prosperous. Activists in favor of …
Understanding the Roots and Causes of Inflation
[This is the fourth lecture from Mises’s “Economic Policy: Thoughts for Today and Tomorrow“] If the supply of caviar were as plentiful as the supply of potatoes, the price of …
How the Covid Crisis Exposed the Absurdity of “Certificates of Need”
In August 2020, the Institute for Justice published a report entitled “Conning the Competition: A Nationwide Survey of Certificate of Need Laws.” Certificate of Need (CON) laws are a particular problem …
The Myths Behind the “Capitalism Is Racist” Claim
Both theory and the empirical research shows a competitive marketplace is incongruous with racism, but the Left insists capitalism is “inherently” racist. Original Article: “The Myths Behind the “Capitalism Is …
Trump’s Potential Legacy: 50 Million+ Enemies of the State
Should skepticism of the 2020 election, fueled by a new administration’s actions, finally convince 50+ million Trump supporters that the barbarians in the Beltway do not represent him, then Trump’s …
The FDA Botched Covid Testing in 2020. Nothing Has Changed Since Then.
Ah, the covid-19 test results—much maligned by some and worshipped by others! As part of the ongoing covid-19 pandemic, the results of covid-19 tests are repeatedly blasted at us from many …
Biden Nominee Rachel Levine Was a Disaster in Pennsylvania. Now She’s Headed to Washington.
On January 19 it was announced that Joe Biden planned to nominate Rachel Levine, the Pennsylvania (PA) secretary of health, for the position of assistant secretary of health in the Department …
Time Preference, Interest Rates, and Stagflation
As a result of past reckless fiscal and monetary policies the pool of real wealth could be declining. If so, stagflation will result. Original Article: “Time Preference, Interest Rates, and …