Most people believe lending is associated with money. But there is more to lending. A lender lends savings to a borrower as opposed to "just money." Let us explain. Take a farmer, Joe, who has produced two kilograms of potatoes. For his

From the Volga Germans to the Armenians of the Ottoman Empire to the Spaniards and the Mennonites, choosing emigration as a means of avoiding military conscription has a long history. Original Article: "America Has Long Been a Haven for Draft Dodgers

Today, progressives govern by the law of good intentions, and when government has good intentions, the results, no matter how disastrous, don't matter. Original Article: "Love, Fear, and the Law of Good Intentions" This Audio Mises Wire is generously sponsored by Christopher

The scientific method requires free and open dissent from any scientific hypothesis. Yet JAMA is requesting that medical boards become a new Inquisition to root out heresy and apostasy from CDC doctrines. Original Article: "Real Scientific Inquiry Requires Dissent. But That's

A new economic fallacy came of age in the course of the last prewar decade and threatens to play havoc with the future peace of the world. This fallacy consists in saying that a country's national prosperity depends, essentially, upon

A new edition of Political Ponerology, by Andrew M. Łobaczewski, edited by Harrison Koehli, is now available on Amazon.1 This strange and provocative book argues that totalitarianism is the result of the extension of psychopathology from a group of psychopaths

“Buy into a business that’s doing so well an idiot could run it, because sooner or later, one will.”—Warren Buffet The curious thing about democracy is that somehow the worst get on top. Despite all the high-flying words, the mass campaigns,

Jeff and Bob discuss the dynamics of the housing market in the context of a recent talk by Alex Pollock. "Hazlitt, Hayek, and How the Fed Made Itself into the World's Biggest Savings and Loan": mises.org/PollockAERC

President Biden on Thursday made two big admissions about the US-led economic sanctions on Russia. The first is that the sanctions will lead to food shortages for many countries other than Russia, and that this is simply the price that

In this article, I would like to present some fundamental economic thoughts on the cause of war, as war has chronically plagued human history, particularly the more recent history. In 1919, the economist Ludwig von Mises (1881-1973) published a book