Freedom and Sound Money: Two Sides of a Coin
It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically
Can the State Reduce Poverty?
From the beginning of history, sincere reformers as well as demagogues have sought to abolish or at least to alleviate poverty through state action. In most cases their proposed remedies have only served to make the problem worse. The most frequent
The Fed Gets It Wrong on Money Velocity, Too
Money velocity's role in forcing up prices is misunderstood because today's monetary "authorities" fail to consider how new money is injected into the economy. Original Article: "The Fed Gets It Wrong on Money Velocity, Too" This Audio Mises Wire is generously sponsored
The Fallacy of Collectivism
According to the doctrines of universalism, conceptual realism, holism, collectivism, and some representatives of Gestaltpsychologie, society is an entity living its own life, independent of and separate from the lives of the various individuals, acting on its own behalf and
History and Institutions Matter: The Postslavery Development of Jamaica and Barbados
The success of Barbados relative to other Caribbean countries has unleashed a welter of studies explaining the ascendancy of Barbados. Frequently, Barbados is compared to Jamaica because they are both former colonies of England that attained independence in the 1960s. More
African Politicians Must Stop Blaming Others for Africa’s Economic Woes
Colonialism, imperialism, unfair trade, and more. African politicians look everywhere for the causes of Africa's poverty and chaos but in the mirror. Original Article: "African Politicians Must Stop Blaming Others for Africa's Economic Woes" This Audio Mises Wire is generously sponsored by
From El Salvador to Africa, the Next Currency War Pits Populists against Bankers
In the face of the coming hardship, central bankers and globalist institutions are going to demand more power to respond to the crisis they created. Bitcoin gives their political opponents a weapon against them. Original Article: "From El Salvador to Africa,
The Russo-Ukrainian War: A New Opportunity for Demagogues to Destroy Freedoms at Home
Politicians thoroughly enjoy times of war. Periods of bellicosity are when the most power-hungry members of the political class indulge in their most depraved political fantasies. The Russo-Ukrainian War has been no exception to this trend. Western politicians have been taking
Baby Formula: Thank Protectionists and the FDA for the Shortage
For parents who rely on baby formula—whether by choice or due to medical necessity—the nationwide baby formula shortage has become increasingly difficult to ignore. According to the Wall Street Journal, Walgreens, Target, CVS, and Kroger have all begun rationing supplies
Rothbard on the Court Intellectuals
It’s well known that Murray Rothbard thinks that intellectuals play a crucial role in getting the public to accept the state. Why are these “court intellectuals” needed? The necessity arises from the nature of the state. Following Franz Oppenheimer and