Stones into Bread: The Keynesian Miracle
The stock-in-trade of all Socialist authors is the idea that there is potential plenty and that the substitution of socialism for capitalism would make it possible to give to everybody …
Mises Wire
The Legacy of Angela Merkel: Kicking the Can Down the Road
In the months since Angela Merkel’s departure from the German chancellorship after sixteen years in power, the editorials praising her reign have been legion. This is not one of them. …
Trading with the Enemy: An American Tradition
During the French and Indian War (1754–1763), Americans continued the great tradition of trading with the enemy, and even more readily than before. As in King George’s War, Newport took …
Inflation: Who or What Is the Culprit?
A central bank whose policies accommodate irresponsible deficit spending by the federal government is a menace to society, unleashing uncontrollable forces. Original Article: “Inflation: Who or What Is the Culprit?“ …
Russia Isn’t Nearly as Isolated as Washington Wants You to Believe
Some US policymakers and pundits are declaring that Russia—and its population—are cut off from the rest of the world. For example, political scientist Nina Khrushcheva has declared “Russia is hated by the rest …
Canceling American Athletes to Punish Russia: The 1980 Moscow Olympics Boycott
As Russian troops, missiles, and tanks strike farther into Ukraine, American political elites and their allies are doing what they do best: punishing innocent people for the sins of others. …
Should Government Be Your Stockbroker? Maybe So, Says Bloomberg
Bloomberg suggests that individuals should not be permitted to make their own stock selections because they are not “qualified” to make such decisions. Instead, governments should help direct their investment …
Why Die for Biden?
As you would expect from brain-dead Biden and the people controlling him, American policy has been moving in the wrong direction. Whatever you think about the situation in the Ukraine, …
The War Party Wants a New Cold War, and the Money That Comes with It
The new cold warriors are gaslighting the public on military spending, claiming spending isn’t “keeping up.” They want hundreds of billions in new taxpayer dollars. Original Article: “The War Party …
Economic Calculation
The preeminence of the capitalist system consists in the fact that it is the only system of social cooperation and division of labor which makes it possible to apply a …