Poland’s Beef with the EU Shows the Dangers of Political Centralization
The more the EU micromanages Polish internal affairs and punishes Poland for the simple act of exercising self-determination, more the benefits of leaving the bloc altogether will continue to increase. Original Article: "Poland's Beef with the EU Shows the Dangers of
Producer Prices for Goods Rise and Fall with Oil Prices
Ever since Federal Reserve Chairman Jerome Powell described cyclical or COVID-related elements of inflation as "transitory" (an ambiguous phrase now retired), critics repeatedly seized on year-to-year changes in price indexes as evidence that inflation was instead accelerating every month. As I
When Fiat Currency Stops Being Money
If the private sector does not accept a currency as a general means of payment and a store of value, the currency becomes worthless and ceases to be money. Ultimately, it becomes useless paper. Original Article: "When Fiat Currency Stops Being
Conservatives and the Free Trade Straw Man
When Ronald Reagan officially announced his candidacy for president of the United States in November 1979, he called for the establishment of a large free trade zone encompassing the USA, Canada, and Mexico. Not surprisingly, the so-called free trade agreement
Modern Historians Confront the American Revolution
[This article was originally published in Literature of Liberty.] I. Basic Causes of the Revolution The historian must be more than a chronicler, a mere lister of events. For his real task is discovering and setting forth the causal connections between events
Review: The Real Anthony Fauci: Bill Gates, Big Pharma, and the Global War on Democracy and Public Health
In his must-read new book, The Real Anthony Fauci, Robert F. Kennedy Jr. describes how journalist Liam Scheff chronicled Fauci’s “secretive experiments on hundreds of HIV-positive foster children at Incarnation Children’s Center (ICC) in New York City and numerous sister facilities in
The DC Sniper Rampage: The Biggest Police Debacle of the Century?
The Washington area was traumatized for weeks by two dimwitted psychopaths who rode around brazenly shooting people from the trunk of their ancient Chevrolet. Sadly, law enforcement officials had apparently met their match. Original Article: "The DC Sniper Rampage: The Biggest
How Governments Seized Control of Money
It took many centuries for regimes to secure the sort of prestige and power necessary to claim a monopoly over money. From the state's perspective, it has been worth it. Original Article: "How Governments Seized Control of Money" This Audio Mises Wire
The “Acid Rain” Scare and the Science-Industrial Complex
People who can recall or who are aware of President Dwight D. Eisenhower’s farewell speech to the nation in January 1961 usually remember it for his use of the phrase “military-industrial complex.” Eisenhower wrote: This conjunction of an immense military establishment and
The Fundamentals Point to Inflation That’s Much More than “Transitory”
Paul Krugman is at it again, this time with a series of a series of tweets that repeatedly miss the reality of price inflation and its causes. Let’s take a closer look: We truly live in an era of statistical superlatives.