Tamny’s Whammy
Thanks to the great John Tamny for shinning a positive light on our current circumstances in “Where Are All the Austrian Scholars’ Yachts?” (RealClearMarkets, April 30). We do share a …
Mises Wire
A Protest from France
The lockdowns of the past month have not been conducive to the common good. While they have saved the lives of many people, they have also endangered—and are still endangering—the …
The Freedom of Individuals Still Matters—Even If COVID Warriors Say It Doesn’t
From 2009 to 2012, I taught an introductory course in Austrian school economics at the University of Iowa. On the first day of class, I would tell my students that the …
Money Pumping Won’t Fix What’s Wrong with the Economy
To counter the likely severe side effects of the lockdowns on the economy—introduced to prevent the spread of the coronavirus—the Federal Reserve has embarked on massive expansion of its balance …
Human Action Part Six with Jeff Deist
We continue our survey of Human Action by finishing up Part Six of the book, Mises’s analysis of interventionism—or the so-called “third way” between capitalism and socialism. Mises exposes how …
Keynesian Fallacies Are Not Just Wrong, but Dangerous
As an Austrian economist, I’ve known for years that Keynesian economics rests on crude fallacies—indeed, Tom Woods and I have an entire podcast dedicated to the (usually wrong) columns of …
This Crisis Will Not Bring Americans Together and Maybe That Is a Good Thing
Thanks to the growth of the state over time, political stakes have become much higher, and groups fear that they will be crushed by the other side if they lose. …
Will It Take Food Shortages to End Support for the Shutdown?
BBC images from India show the human toll of the coronavirus shutdown. Americans should take note, and soon. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by …
Anatomy of the Crash
From preface of Anatomy of the Crash: The Financial Crisis of 2020. “End the Fed!” Three small words became one of the most improbable and powerful political chants in modern …
Government Regulation against “Monopolies” Only Lowers Our Standard of Living
The whole idea of government regulating so-called monopolies in order to promote competition is based on fallacies. If anything, such intervention only stifles market competition and lowers living standards. This …