The “Rules-Based International Order” Is Dead. Washington Killed It.
From globalization to sanctions, to international institutions like the UN, the US is leading a small global fragment that's little more than NATO and a handful of friends. Meanwhile, two-thirds of the global economy isn't signing on. Original Article: "The "Rules-Based
Do Conspiracies Really Exist? Murray Rothbard Thought So
It is also important for the State to inculcate in its subjects an aversion to any “conspiracy theory of history;” for a search for “conspiracies” means a search for motives and an attribution of responsibility for historical misdeeds. If, however,
To Fight Russia, Europe’s Regimes Risk Impoverishment and Recession for Europe
European politicians are eager to be seen as “doing something” to oppose the Russian regime following Moscow’s invasion of Ukraine. Most European regimes have wisely concluded—Polish and Baltic recklessness notwithstanding—that provoking a military conflict with nuclear-armed Russia is not a good
Murray Sabrin: What Entrepreneurs Do When The Yield Curve Inverts
To what extent should entrepreneurial businesspeople concern themselves with macro-economic variables? At E4B, our point of view is: not much. We don’t believe you can fully trust the data, we don’t believe you should put much credence in the interpretations
Mises in Defense of Edgeworth
Introduction by Joseph T. Salerno: Mises's review of Francis Ysidro Edgeworth's collected papers was published in German in 1926. It was translated by JoAnn Rothbard and appears here in English for the first time. Despite its brevity, it is an extremely important
If We Ride the Cantillon Wave, We Should Remember That We’ll Crash with It Too
My daughter sometimes surfs the bore wave that heralds the incoming tide at Turnagain Arm, Alaska. The wave, or waves, to be exact, can reach a height of ten feet, but are usually smaller. Regardless of the size, the waves
Populism and the Future of the Fed: A New Book from Cato’s Center for Monetary and Financial Alternatives
The distinguished contributors to Populism and the Future of the Fed examine populist demands to expand the Fed’s mandate and the threat to the demarcation between fiscal and monetary policy. All the essays, except those by Charles Plosser and me,
We Still Haven’t Reached the Inflation Finale
Is it too much to hope that the current inflation will "burn out" via similar mechanisms that have reined in inflation in the past? Original Article: "We Still Haven't Reached the Inflation Finale" This Audio Mises Wire is generously sponsored by Christopher
Heavy Sanctions against Russia Could Usher in a Wider Economic War
The sanctions against Russia have the potential to spiral into something much larger. Indeed, many governments are using the current conflict as an opportunity to further push "green energy," rearmament, and other big-spending schemes. Original Article: "Heavy Sanctions against Russia Could