How Wall Street Became an Enemy of Free Markets
After decades of financialization and government favors, Wall Street now has little to do with free, functioning markets anymore and has largely become an adjunct of the central bank. Today, entrepreneurship is out, and bailouts are in. Be sure to follow
The Depression of the 1780s and the Banking Struggle
[Chapter 2 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] It has been alleged—from that day to this—that the depression which hit the United States, especially the commercial cities, was caused by “excessive” imports by Americans beginning
How Not to Argue against the Minimum Wage
Among the hotly contested list of Joe Biden’s promises is an increase of the federal minimum wage to $15 an hour. There are plenty of sound reasons to oppose government minimum wage laws, but there is one objection making the rounds that
State Legislators Are Considering a Host of New Sound-Money Reforms
More state lawmakers than ever are introducing sound money legislation in the opening days of the 2021 legislative session. Original Article: "State Legislators Are Considering a Host of New Sound-Money Reforms" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated
Public Health Measures like Mask Mandates Lead to Unintended and Unpredictable Outcomes
After months and months of covid tyranny, nearly forty states and many more localities continue to push mandatory mask wearing in the US. Shortly after his inauguration, President Joe Biden signed a set of executive orders that require mask wearing on all federal lands,
Burt Blumert’s 92nd Birthday
Today would have been the 92nd birthday of Burt Blumert, one of the greatest personalities of the modern libertarian movement. Burt was the indispensable man behind the scenes and was a key figure in the Mises Institute, the Center for
BIG SHORTS SCORED BIG LOSSES
By Aanchal Shah Despite Melvin Capital Management LP being an investment management firm, they recently lost major 53% in January, hurt by GameStop and other bets. It’s very uncommon and hard to believe that a regular brick and mortar video game
Entrepreneurial Empowerment: You Are Only as Good as Your Employees
Abstract: As employees are increasingly recognized as an important source of ideas and inspiration, contemporary leadership research finds that the central task of leaders is to empower employees to realize their skills and talents to achieve an organizations’ visions and
Why No State Needs Thousands of Nuclear Warheads
Last week, the United States signed a five-year extension of the New START arms control treaty with Russia. Russia’s President Putin signed the treaty shortly thereafter. The “Strategic Arms Reduction Treaty” allows Russia and the US to monitor each other’s
Troop Deployments in Washington Are a Disaster Waiting to Happen
“Tyranny in form is the first step towards tyranny in substance,” warned Senator John Taylor two hundred years ago in his forgotten classic, Tyranny Unmasked. As the massive National Guard troop deployment in Washington enters its second month, much of the