The Fed is insolvent, and that means that it will bail itself out by printing money. For ordinary people, that means inflation and a rising cost of living.  Original Article: "Why the Fed Is Bankrupt and Why That Means More Inflation" This Audio

On January 17, the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to selling oil in currencies other than the dollar. “There are no issues with discussing how we settle our trade arrangements, whether it

Jeff Deist: First of all, congratulations on your new book The Price of Time. It was fantastic. Edward Chancellor (EC): I’m glad you enjoyed it. JD: I ask all authors this question, especially authors of weighty books. Was it worth it, in

Does cheap money and credit make us richer? Does more money and credit create more stuff, or better stuff? Do they make us happier and more productive? Or do these twin forces actually distort the economy, misallocate resources, and degrade

The value of time, i.e., time preference or the higher valuation of want-satisfaction in nearer periods of the future as against that in remoter periods, is an essential element in human action. It determines every choice and every action. There

Taxes Have Consequences: An Income Tax History of the United StatesBy Arthur B. Laffer, Brian Domitrovic, and Jeanne Cairns SinquefieldPost Hill Press, 2022, xxv + 413 pp. Taxes Have Consequences is a good book that could have been better. The authors

If you live in the United States, you are most likely familiar with empty storefronts, especially in malls. Once-great shopping centers are now suffering vacancies and a lack of patrons. To the readers of mises.org, it should not be surprising

Does cheap money and credit make us richer? Does more money and credit create more stuff, or better stuff? Do they make us happier and more productive? Or do these twin forces actually distort the economy, misallocate resources, and degrade

Entrepreneurship is by no means exclusively American. But this country has led the way in unleashing, encouraging and elevating entrepreneurship as the creative and virtuous pathway to the creation of new value for all. As a republic, we’ve established the

It is no secret that freedom, both socially and economically, are disappearing in the USA and Great Britain. The consequences will be most severe if we do not reverse these patterns. Original Article: "How Can We Restore Freedom and Sound Money in