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Nord Stream 2: The Value of German-Russian Cooperation
After years of controversy surrounding Nord Stream 2 the project is nearing its light at the end of the tunnel. The natural gas pipeline will connect Germany directly to Russia by way of the Baltic Sea. In an instance of
Joe Salerno versus Paul Krugman on Austrian Business Cycle Theory
Using a recent Paul Krugman column as the jumping off point, the Mises Institute Academic Vice President Joe Salerno explains and defends Austrian business cycle theory. Mentioned in the Episode and Other Links of Interest: The YouTube version of this interviewBob’s response
Too Much Inflation? Just Raise the Inflation Target!
The new "2 percent average" standard from last year helped the inflationists, but there are now calls for scrapping the "too low" 2 percent inflation limit altogether. Original Article: "Too Much Inflation? Just Raise the Inflation Target!" This Audio Mises Wire is
Why Nazism Was Socialism and Why Socialism Is Totalitarian
My purpose today is to make just two main points: (1) To show why Nazi Germany was a socialist state, not a capitalist one. And (2) to show why socialism, understood as an economic system based on government ownership of
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The best people in the world support the Mises Institute. Will you join them? Your gift will be matched today. Who are our donors? People just like you. Average people who happen to care deeply about human liberty and human flourishing. People
Can a Libertarian Work at a Public University?
A correspondent sent me an argument I hadn’t heard before that concludes that it’s not morally permissible for libertarians to work for public universities, and in this week’s column, I’d like to examine that argument. To telegraph where I’m going,
My Time with the FBI
The FBI’s power and federal legitimacy are far more tenuous than Washington recognizes. Beyond the nation’s big cities, federal authority hinges largely on the consent of local citizens. Original Article: "My Time with the FBI" This Audio Mises Wire is generously sponsored
Rothbard’s History of Economic Thought from Greeks to Physiocrats
Was Adam Smith the founder of modern economics? Not so, says Murray Rothbard in his staggering two-volume An Austrian Perspective on the History of Economic Thought. Dr. Patrick Newman joins the show for a look at Rothbard's treatment of economics
Central Banking and Climate Change
There is increasing pressure on central banks to take climate change into account in formulating monetary policy. The Bank of England and the European Central Bank have already done so, and the Fed may follow suit. Indeed, the Fed’s move