Rising Inflation: The New Normal?
Inflation, also listed as the number one ‘public enemy’ by President Gerald Ford in 1974, is basically a situation where everybody is so rich that nobody can afford anything. A common tool used to measure inflation is the Consumer Price
Mortgage Companies Cash in on Pandemic Relief
The nation’s billionaires are catching plenty of grief for profiting from the pandemic. All they are guilty of is providing services people wish to pay for. Nothing wrong with that. Then there are the mortgage companies. It turns out they
Biden Is Trying to Seize Control of Local Land-Use Regulations
In recent years, there’s been a push to move zoning decisions further from the local level. In 2019, Oregon passed House Bill 2001, making it the first statewide law to abolish single-family zoning in many areas. By expanding the state
The Value of Taking Risks
Curiosity and Its Twelve Rules for Liveby F. H. BuckleyEncounter Books, 2021xx + 228 pages Frank Buckley, a Canadian-born lawyer who teaches at the Scalia School of Law at George Mason University, has given us in this remarkable book a philosophy
Matt Asher Talks to Jeff Deist about the Reality of Post Covid America
Matt Asher is an investor, writer, and host of The Filter podcast. He has a background in journalism and statistics. Matt Asher: My guest today on The Filter is Jeff Deist. Jeff is president of the Mises Institute, where he serves
Consent of the Governed?
What gives some people the right to rule others? At least since John Locke's time, the most common and seemingly compelling answer has been "the consent of the governed." When the North American revolutionaries set out to justify their secession
The Bitcoin Law: Counterfeit Free Choice in Currency
“Why should we not let people use freely what money they want to use? [They] ought to have the right to decide whether they want to buy or sell for francs, pounds, dollars, D-marks, or ounces of gold. I have
Understanding the “Private” in “Private Security”
Recently in the pages of the Mises Wire, Jason Morgan argued that private security isn’t enough in terms of ensuring personal security and that America needs militias. While I agree with much of the spirit of Dr. Morgan’s essay, there
Bank Loan Frauds in India – WHY?
As per the RBI Annual Report 2020-21, the number of bank frauds reported during the year decreased by 15% in terms of number and 25% in terms of value, vis-à-vis 2019-20 (See tables below). The share of PSBs in total
Governments Are Failing at Their Most Basic Duties—While Promising Free Stuff
Three city blocks were systematically burned to the ground as hundreds of the local police stood by and viewed the violence. They were obeying orders not to harm the arsonists. The National Guard was called, adding more armed watchers. A