If Ukraine Joins the EU, It Will Be the Poorest Member by Far
Within days of the beginning of the Russian invasion of Ukraine, the Ukrainian regime applied for membership in the European Union. This is understandable from the perspective of Kyiv. If Ukraine is going to be denied membership in NATO—as increasingly
Central Banks: Who Needs Them? No One
As the Federal Reserve hikes its lending rate to a range of 0.25–0.50 percent, murmurs are heard around the world, with financial pundits predicting doom due to the increased pressures imposed on the cost structures of firms that are recovering from
A Harder Line with Beijing? Let’s Hope Not.
Beijing only ever really wanted Moscow around as a way to balance against Washington. But with the US being seen to overtly seek to punish Beijing, this will now only move it closer to Moscow. Original Article: "A Harder Line with
We Must Now Learn the Lesson of 1914, Not the Lesson of 1938.
Europe would have been immeasurably better off had its regimes chosen compromise instead of "countering aggression" in 1914. Sometimes this lesson is heeded, as when the US refused to intervene in 1956 and 1968. Original Article: "We Must Now Learn the
Commodities Do Not Cause Inflation. Money Printing Does.
In this world of monetary insanity, defenders of central bank constant easing try every day to convince you that inflation is caused by numerous factors, not by currency printing. Many blame inflation on cost-push factors or even speculation, but ultimately all those are
Left Thought Collective: One Hundred Years of the Socialist Commonwealth
Recorded at the 2022 Austrian Economics Research Conference hosted at the Mises Institute in Auburn, Alabama, March 18–19, 2022. The Ludwig von Mises Memorial Lecture, sponsored by Dr. Don Printz. Includes audience question and answer period. The Austrian Economics Research Conference is
NATO: Our International Welfare Queens
American policy makers have shown a surprising about of sanity so far in response to Russia's invasion of Ukraine. While some war enthusiasts among the American punditry have certainly been agitating for World War III, the leadership in both the
Clarence Darrow vs. the State
Describing attorney Clarence Darrow, the great H.L. Mencken wrote, “The marks of battle are all over his face. He has been through more wars than a whole regiment of Pershings. And most of them have been struggles to the death,
Markets Are Peaceful but the State Is Not
There are only two ways human cooperation occurs: through voluntary means or through coercion. The free market stands for voluntary cooperation; coercion and violence are the means of the state. Original Article: "Markets Are Peaceful but the State Is Not" This Audio
Will Biden Sanction Half the World to Isolate Russia?
The United States is no longer in any position to remake the world in its image. It's not 1945 or even 1970. Yet the US seems to be gearing up to bully half the world into compliance with the US