What an Old Coin Collection Tells Us about Money from the Past
A coin collection can tell a lot about this nation's monetary history, and especially what happened nearly 60 years ago after the government debased U.S. coinage. This history is not having a happy ending. Original Article: What an Old Coin Collection Tells
The Escalating Tensions in the Red Sea Are a Bad Omen
On New Year’s Eve, US Navy helicopters in the Red Sea engaged and sank three boats belonging to Yemen’s Houthis, killing ten. According to US Central Command, the boats were attacking a container ship and fired on the helicopters as
The Decline and Fall of the Federal Home Loan Banks
Nicholas Thielman Though often ignored, the various loan and
To Reach Statehood, Puerto Rico Should Improve its Financial Practices
Marc Joffe With bankruptcy largely (but not totally) in
Recent Articles Highlight Jones Act Contributions to Offshore Wind Difficulties
Colin Grabow Recent articles in the New York Times
Mises and Popper on Action
Many years ago, in “The Communist Road to Self-Enslavement” (included in After the Open Society, a collection of Karl Popper’s papers edited by Jeremy Shearmur), I discovered the following sentence: “Like myself, [Ludwig von Mises] appreciated that there was some
Lies, Damned Lies, and Statistics: A Misleading Study Compares TikTok and Instagram
Paul Matzko A new study, “A Tik‐Tok‐ing Timebomb,” that
Good Logic Prevents Bad Regulation
Much onerous and harmful government regulation can be prevented by the application of well-known and well-understood principles of logic. I will use the recent regulations placed upon Americans in response to the so-called pandemic. I refer to the panoply of
The Real Meaning of Inflation and Deflation
[Excerpted from Chapter 17 of Human Action.] The services money renders are conditioned by the height of its purchasing power. Nobody wants to have in his cash holding a definite number of pieces of money or a definite weight of money; he
Reflections on the Rothbard Graduate Seminar
I had the good fortune of attending the Rothbard Graduate Seminar (RGS) twice in succession, during the summers of 2020 and 2021. By that time, I was already quite familiar with the ideas of the Austrian School thanks to the