Mises Wire Johnny Vedmore is an independent journalist from Cardiff, Wales. He discusses his masterful article on Klaus Schwab’s mentors, including Henry Kissinger and John Kenneth Galbraith. Mentioned in the Episode and …
Politicians love their buzzwords and talking points, and the Joe Biden White House and the Democratic Party use them as much or more than when Donald Trump and the Republicans …
A monetary system that allows the creation of money out of thin air is vulnerable to the fits of credit expansion and credit contraction. Periods of credit expansion typically occur over …
Imposing economic sanctions upon Russia is tantamount to throwing gasoline on a raging fire. The sanctions will not end the Russian invasion of Ukraine and only will make things worse. …
For all the talk of decolonialization, many Third World countries that became independent set up regulatory regimes that mirrored their former “mother” country. Original Article: “The Conservatism of Decolonization“ This …
The Problem of Land Theft A particularly important application of our theory of property titles is the case of landed property. For one thing, land is a fixed quotal portion …
Mises WireThe Mises Institute exists to promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and international peace, in the tradition of Ludwig von …
An old joke expresses one of the most common criticisms of the free market. “What is the most beautiful word in the English language? Cash.” The free market, it is …
The conventional view among mainstream economists, as presented by Milton Friedman, is that three factors determine market interest rates: liquidity, economic activity, and inflationary expectations. In this viewpoint, whenever the central …
How can we explain that the currency whose issuer has made the biggest inflationary mistake of all during the pandemic is the strongest (the US Consumer Price Index is up …