June 2022

Krugman’s recent NYT column on Russia features commentary on trade surpluses that is at best very misleading. Original Article: "What Krugman Gets Right and Wrong on Trade Surpluses" This Audio Mises Wire is generously sponsored by Christopher Condon. 

One of my areas of research in institutional economics is the social behavior of people under different political regimes, what Thomas Schelling called micromotives and macrobehavior. Of course, this topic is directly related to many related disciplines, from behavioral economics

1. The “Austrian School” and Austria When the German professors attached the epithet “Austrian” to the theories of Menger and his two earliest followers and continuators, they meant it in a pejorative sense. After the battle of Königgrätz, the qualification of

In this episode of Radio Rothbard, Jeff Deist and Ryan McMaken talk police, guns, gun control, and the 2nd Amendment. Recommended Reading "Uvalde's Biggest Mistake Was Trusting the Police to Keep Us Safe" by Ryan McMaken: Mises.org/RR_84_A "Politicizing Mass Shootings Only Guarantees There

I first heard of Garet Garrett when Murray Rothbard mentioned him in What Has Government Done to Our Money? James Grant said he was one of his heroes (James Grant is one of my heroes). When I finally got the

The African Continent Free Trade Area has the potential to serve Africans and bring about better living standards. However, it is threatened by government attempts to "manage" trade. Original Article: "To Succeed, the AfCFTA Must Be about Actual Free Trade, Not

The proabortion centralist line of "accept our definition of human rights, or else" is what we'd expect from the imperialists of old who claimed the "savages" in the colonies couldn't be trusted with self-government.  Original Article: "Federal Control of Abortion Laws Is Modern

According to John Maynard Keynes: The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves

American life is thoroughly politicized, to the point where there seems to be a talking points template to discuss anything that occurs. Thus, in the aftermath of the Robb Elementary School shooting in Uvalde, Texas, the same script is replayed