Energy and Economic Efficiency: The Market versus the Politicization of Our Energy Futures
Radical environmentalists have convinced people that we are doomed if we continue to use fossil fuels. We are doomed if we stop using them. Original Article: "Energy and Economic Efficiency: The Market versus the Politicization of Our Energy Futures"
Rise of the Effete Authoritarians
Here in the West, particularly in countries such as the United States and Canada, we have experienced radical political and cultural changes over the past several years, and the pace of these changes seems to have accelerated since 2020. In
The Five Stages of Bank Failure Grief
We are familiar with the five stages of grief. However, it is not a stretch to apply those stages to what is happening to the banking system. Right now, we are in the second stage: anger. Original Article: "The Five Stages of
Crowding Out: The Fed May Be Killing the Private Sector to Save the Government
A "soft landing" is impossible unless the government cuts both taxes and government spending at the same time interest rates are rising. This won't happen, so get ready for a hard landing. Original Article: "Crowding Out: The Fed May Be Killing the
Bank of England Economist: Britons Need to Accept That They’re Poorer
Although the Bank of England is largely responsible for inflation in the UK, its leaders blame British consumers and workers for the price increases. Original Article: "Bank of England Economist: Britons Need to Accept That They’re Poorer"
Energy Prices
While talk of high gas prices is no longer a headline issue, energy economics is still a vitally important aspect of understanding the economy, including the business cycle. Mark explains the basics, tells us where we now stand, and what the major implications
Coto Mixto: Anarchy in Galicia
A concrete example of an anarchic order existed within Spain, on the current border between Spain and Portugal, in the kingdoms of Castilla and Galicia. By “anarchy” I mean the abolition of centralized power, not the abolition of authority as leftists
The Whiskey Rebellion: A Model for Our Time?
The Free Market 12, no. 9 (September 1994) In recent years, Americans have been subjected to a concerted assault upon their national symbols, holidays, and anniversaries. Washington's Birthday has been forgotten, and Christopher Columbus has been denigrated as an evil Euro-White
Property Rights, Civilization, and Their Enemies
[This article is adapted from a lecture delivered at the Reno Mises Circle in Reno, Nevada. on May 20, 2023.] It is not an exaggeration to say that property rights are a prerequisite for civilization. As Ludwig von Mises wrote in