The Rise of “Constitutional Carry” Is a Sign of Failing Trust in Government
Come next January, Alabama will be the 25th state to allow the carrying of concealed weapons without a permit. Alabama will soon join Indiana which in March of this year passed a new statute allowing permitless concealed carry in that state—sometimes
Regional Territories: A Decentralization Plan for the USA
As political divisions worsen in the United States, one remedy besides secession might be to create semiautonomous regional territories. Original Article: "Regional Territories: A Decentralization Plan for the USA" This Audio Mises Wire is generously sponsored by Christopher Condon.
Thomas Paine on Paper Money
I remember a German farmer expressing as much in a few words as the whole subject requires; "money is money, and paper is paper." All the invention of man cannot make them otherwise. The alchemist may cease his labors, and the
Capitalism, Socialism and Alienated Man
(This speech was given at Wabash College at a conference on the humane economy by Professor Ralph Raico, August 1964. It was found in the Raico Papers in the Mises Institute archives and has never been published before.) I In recent years
Despite Our Own Inflation, the Dollar Dominance Takes Down the Yen and Euro
Since the beginning of 2021, the US dollar has appreciated noticeably against many world currencies. There are many reasons for this. In times of elevated economic and political uncertainty, investors increasingly favor the greenback, which they still consider a "safe
Is Nationalism a Good Thing? It Depends.
It’s impossible to simply declare nationalism itself to be good or bad. Its goodness or badness depends primarily on its effect on existing regimes and state institutions. Original Article: "Is Nationalism a Good Thing? It Depends." This Audio Mises Wire is generously
Economies Cannot Produce Wealth without Patience and Long-Term Horizons
In a pioneering study, psychologist Walter Mischel demonstrated that delaying gratification in childhood led to success in later life. The experiment entailed placing toddlers in a room with treats and giving them the option of eating them immediately or waiting
What Happens to the National Debt After Secession?
The topic of secession has become increasing more common in recent years as various regions and minority populations (e.g., California and Texas) has openly suggested breaking away from the United States. The idea is forwarded with varying levels of seriousness,
The R Word
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss the regime's latest Orwellian word game to avoid acknowledging a recession. Is this an attempt to gaslight the country, or a reflection of economic pain being less obvious
The Economy Needs a Volcker Moment
When Paul Volcker was Fed chairman forty years ago, he did what was necessary to bring down inflation. Unfortunately, the current Fed leadership at best is engaging in Volcker Lite. Original Article: "The Economy Needs a Volcker Moment" This Audio Mises Wire