Juneteenth and Secular Holidays as Tool of the Regime
Last year Congress officially declared Juneteenth a federal holiday. While Very Serious talking heads attempted desperately to convince those that would listen that Juneteenth was a long-celebrated American holiday, the reality is that it was largely unknown around the nation prior to
The Curious Case of Ilya Shapiro
It's been a memorable spring for Ilya Shapiro. Mr. Shapiro, a longtime legal scholar and VP at the Cato Institute, was hired by Georgetown University Law Center at the beginning of 2022. In February he would join his well-known colleague Randy Barnett at the
The Great Crash of 2022
We are now well past the corona crisis of 2020, and most of the restrictions around the world have been repealed or loosened. However, the long-term consequences of arbitrary and destructive corona policies are still with us—in fact, we are
How Money Printing Destroyed Argentina and Can Destroy Others
The most dangerous words in monetary policy and economics are “this time is different.” Argentine politicians’ big mistake is to believe that inflation is multicausal and that everything is solved with increasing doses of interventionism. The consumer price index in Argentina experienced
A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and Taxes
Today it is conclusive that Africa's socialist experiments failed, as did the state-led development approach. Not only was the heavily statist approach unable to develop African economies, but it made poverty worse. In this context of repressive state-driven economic systems, most
An Austrian Theory of Environmental Economics
Austrian economics lacks a formalized, self-conscious theory of environmental economics. But in fact all of the major elements of such a theory already exist and in that sense what is needed is to piece together the relevant aspects of Austrian
Will AI Solve Scarcity?
A Google engineer is in hot water for claiming the company's chatbot tech had become sentient. Meanwhile, Jerome Powell presumes to fight inflation technocratically, by raising the Fed Funds rate nearly a full percentage point. So is the engineer correct?
Even When There Is Inflation, the Fed STILL Fights Falling Prices
Forget the notion that the Fed "fights inflation." In fact, the Fed exists to promote inflation. Original Article: "Even When There Is Inflation, the Fed STILL Fights Falling Prices" This Audio Mises Wire is generously sponsored by Christopher Condon.
A Perfect Storm is Brewing in Banking and Finance
Now that interest rates are rising with much further to go, the global banking system faces a crisis on a scale like no other in history. Central banks loaded with financial securities acquired through QE face growing losses, and their
Russell on the State
Bertrand Russell is one of the greatest philosophers of the twentieth century but isn’t usually studied as a social or political philosopher, though I am hardly the first to think that his contributions to these areas are underrated. He did