An Unnecessary Evil: How Canada ended up Insuring Bank Deposits
I've often drawn attention here to the virtues of the Canadian banking system, especially as it was between the passage of Canada's first Bank Act in 1871 and the establishment of the Bank of Canada in 1935. After the Scottish
The Curious Case of Cancel Culture
Cancel Culture NounThe practice or tendency of engaging in mass canceling as a way of expressing disapproval and exerting social pressure. (Merriam-Webster)Similar: Call-out culture, call for accountability, communal ostracism, consequence culture, mass-shaming, mob rule, moral policing, outrage culture, puritanism, social justice,
What the United States Can Learn from the European City-States
Over the past year and a half, we have seen some of the largest divides in US state policy in recent history. Certain states such as California have implemented heavy lockdowns, mask mandates, curfews, and other restrictions for months on
Will the Next “Skyscraper Curse” Be Found in the Digital World?
The vast majority of Mises Wire readers are already familiar with the Austrian business cycle theory. For those who are not, it is an Austrian perspective on what causes the sudden general cluster of business errors that results in a boom-bust
Biden’s Infrastructure Plan Points to Even More Price Inflation
What is the worst thing a government can do when there is high inflation and supply shortages? Multiply spending on energy and material-intensive areas. This is exactly what the US infrastructure plan is doing and—even worse—what other developed nations have decided
The Vampire Economy: Italy, Germany, and the US
What is the link between fascism and socialism? They are stages on a continuum of economic control, one that begins in intervention in the free market, moves toward regimentation and greater rigidity, marches toward socialism as failures increase, and ends
The Interest Rate Question
The Free Market 6, no. 2 (February 1988) The Marxists call it "impressionism": taking social or economic trends of the last few weeks or months and assuming that they will last forever. The problem is not realizing that there are underlying
Behind the closed door
India, a developing, overpopulated country where 6% of the population lives in poverty, 9.7% urban unemployment, 25.6% illiteracy rate, one of the youngest population countries in the world beholding fifth of the youths globally. Youths are a vital part of
Realistic Prospects for Secession and Decentralization
This week's show features a panel discussion recorded in late October at our annual Supporters Summit. Panelists Ryan McMaken, Jeff Deist, Mike Maharrey, and Tho Bishop lay out real strategies for achieving decentralization. Includes an introduction by Joey Clark. Recorded in
Panel: “Strategic Alternatives in Education”
Recorded in St. Petersburg, Florida on October 22, 2021. The weekend revolves around a discussion of strategy. Nearly 25 years ago, Professor Hans-Hermann Hoppe delivered his famous "What Must Be Done" speech on the pressing topic of how—and whether—to engage the