After More Than a Month of Fighting, Where Do Things Stand in the Russia-Ukraine War?
As the Russian invasion of Ukraine enters its second month, much is still in flux and our information is far from perfect, but three things stand out. First, Vladimir Putin appears close to securing many of the objectives he laid out before invading
Why So Much Hate for the Free Market?
The Power of Capitalism: A Journey through Recent History across Five ContinentsBy Rainer ZitelmannLID Publishing, 2018xiv + 233 pages Dr. Rainer Zitelmann is best known to the scholarly world for his outstanding study of Adolf Hitler’s economic ideology, now available in
Keep US Out of War
Events in Ukraine are happening very fast, and if I tried to predict what will happen there, my prediction would soon be overtaken by events. But one thing is certain. We need to understand the background of the crisis, and
Do “Inflationary Expectations” Cause Inflation? Contra Krugman, the Answer Is No
In the New York Times article “How High Inflation Will Come Down,” Paul Krugman suggests that the key for future inflation is inflation expectations. Krugman does not think that currently inflation expectations are comparable to the 1980s. According to him: Forty
The Wrong Elites
"To mount an effective response to the reigning egalitarianism of our age, therefore, it is necessary but scarcely sufficient to demonstrate the absurdity, the anti-scientific nature, the self-contradictory nature, of the egalitarian doctrine, as well as the disastrous consequences of
It Was the Lockdowns, Not the Pandemic That Created the Havoc
It may be years before we fully realize the ramifications of the lockdown policies governments around the world have imposed on their citizens in response to covid-19, but evidence of the costs is starting to trickle in. A recent study conducted
And Now for a Really Bad Response to Political Calamity: Autarky
The invasion of Ukraine, the spike in inflation and the risks of supply shortages have made some politicians dust off some of the worst economic ideas in history: autarky and protectionism. Some believe that if our nation produced everything we needed we would all be better
Mises the Revolutionary
It is said that a number of years ago, when Bill Buckley was at the beginning of his career of college-speaking, and somewhat more tolerant of libertarians than he is today, he once wrote two names on the blackboard thereby
The “Rules-Based International Order” Is Dead. Washington Killed It.
The lack of self-awareness among the many American officials who are striking a moralistic pose in opposition to the Russian invasion of Ukraine is striking. For example, Foreign Policy has published a column by Col. Yevgeny Vindman, asking how the world can tolerate
Keith Weiner on the Role of Gold in Today’s Economy
Jeff talks to Keith Weiner of Monetary Metals about why gold still plays a major role in the global economy. Listen to Bob's interview with Keith at mises.org/BMS234 Find out more about Monetary Metals at monetary-metals.com