Mises Wire The historian and economist Deirdre McCloskey often laments the power that pessimism and despair seems to have over us. In her review of Thomas Piketty’s doorstop-sized book on capitalism and …
I. THE STARTING CONDITIONS In this article want to explain that a rapid departure from the free market system (or what is left of it today) is taking place before …
The Engineer The ideal of conscious control of social phenomena has made its greatest influence felt in the economic field. The present popularity of “economic planning” is directly traceable to …
When assailing global governance, pundits rarely comment on its impact on small countries. Yet the degree to which small countries are ignored by global institutions—like the G7, the International Monetary …
Back to 2020, the federal government’s covid-mandated shutdown of meat production plants hobbled the nation’s meat production capabilities, leaving farmers with nowhere to send their beef. This resulted in them …
Economists have illuminated our understanding of guilds in medieval Europe, but we still know rather little about their functions in other parts of the world, especially Africa. In the West, …
To kick off the New Year, Jeff recently had the opportunity to address a Discord channel dedicated to Austrian Economics. His talk focused on the state of economics generally, whether …
In a section of Power and Market called “The Problem of Immoral Choices,” Murray Rothbard considers an important objection to the free market, and I’d like in this week’s column …
Income inequality in Latin America is appallingly high, with the richest 10 percent of the population controlling 54 percent of national income. According to the 2021 Regional Human Development Report’s “Trapped …
Money supply growth rose slightly in November, rising above October’s twenty-one-month low. Even with November’s rise, though, money supply growth remains far below the unprecedented highs experienced during much of the past …