Why Everyone Should Read These Two Essays by Ludwig von Mises
Like virtually all of the work of Ludwig von Mises, these two essays, his 1958 Liberty and Property and his 1950 Middle-of-the-Road Policy Leads to Socialism are timeless. They are as important now as they have ever been and will increase in
Before a Bust, There Is Always a Boom (and Malinvestment)
An economic depression is not caused by a decline in the money supply per se, but results from a shrinking pool of savings made possible by a previous bout of monetary inflation. Original Article: "Before a Bust, There Is Always a
The Mises Institute’s Fall Campaign Starts Today. Please Support Us!
In America today, we have seen a radical acceleration in the form of advancing covid tyranny, political censorship, central bank–fueled inflation, the mainstreaming of cultural Marxism, and a federal regime looking to turn the tools of the war on terror
Inflation Is Killing the Recovery
Last week, Ned Davis Research published a note titled “Turns Out, Growth Looks like It Was Transitory—Inflation Is More Sticky.” There are many factors that show us that consumers and salaries are being eaten away by inflation, leading to an abrupt halt
The Loss in Afghanistan Is Only the Latest Chapter in a Long Story of Intervention
US interventions abroad in the postwar period have created nothing but problems, problems regularly made worse by later attempts to solve the problems created by those previous interventions. While one can find innumerable instances of these failures in South and
The Idea of a Private Law Society: The Case of Karl Ludwig von Haller
Libertarianism is logically consistent with almost any attitude toward culture, society, religion, or moral principle. In strict logic, libertarian political doctrine can be severed from all other considerations; logically one can be – and indeed most libertarians in fact are:
Sirisha Bandla- A Life
On June 7, 2021, when Jeff Bezos announced that he planned to be aboard the first crewed flight of Blue Origin – the first suborbital spaceflight funded privately – it set off what would be dubbed in popular media as
The Rise and Fall of the Japanese Miracle
In 1943, John Maynard Keynes claimed that central-bank credit expansion performs the "miracle of turning a stone into bread." In its attempt to revive itself after a long recession, the Japanese government and central bank have given the world its
Evergrande Isn’t China’s “Lehman Moment.” It Could Be Worse than That.
The bankruptcy of the Chinese real estate company Evergrande is much more than a “Chinese Lehman.” Lehman Brothers was much more diversified than Evergrande and better capitalized. In fact, the total assets of Evergrande that are on the brink of bankruptcy outnumber the entire