August 2021

The Fed says it "provides the nation with a safe, flexible and stable monetary and financial system." Can we all breathe easier now? Original Article: "The Fed Says It Stabilizes the Economy. I'm Skeptical." This Audio Mises Wire is generously sponsored by

We may be told price controls are a temporary necessity, as in 1971 under Nixon. But one thing is certain: price controls will do nothing to resolve the issues underlying the inflation. Original Article: "Will the Feds Try Price Controls to

Sixteen months ago, in March 2020, we argued for an end to government-imposed shutdowns of businesses, schools, churches, restaurants, and events due to the covid virus: The shutdown of the American economy by government decree should end. The lasting and far-reaching harms

The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else. —Frédéric Bastiat Let me begin with the definition of a state. What must an agent be able to do to qualify as a

It is summer in the United States, which means temperatures are hot and western forests and grasslands are burning—as has been the case as long as people have lived here. In our current age, however, in which there is alleged

In recent decades, any challenges to the reigning hegemony of American leadership, NATO allies, and a network of neoliberal NGOs, financial institutions, and corporations has often been depicted as threats to "liberal democracy." This charge has been aimed at a variety

Doughty, courageous little Rhode Island was the last state left. It is generally assumed that—even by the most staunchly Antifederalist historians—Rhode Island could not conceivably have gone it alone as a separate nation. But such views are the consequence of

It struck me recently just how frequently we use the word “law” in our conversations. I read or hear, “That’s against the law” when someone wants someone else not to do something, and “There ought to be a law” when

Governments would like to take credit for the level of entrepreneurship in their countries. Entrepreneurship leads to value creation (happier voters) and economic growth (more to tax). But, as Per Bylund points out in the Seen, The Unseen And The