Stop Lionizing Paul Volcker and Villainizing Arthur Burns
In a recent Bloomberg column, former New York Fed President Bill Dudley echoes a conventional Fed narrative, contrasting Fed interest rate cycles under two supposedly distinct Chairmen. “Powell will need to find a way to persuade [markets] that he has no
Malcolm McLean: The Unsung Capitalist Hero Who Changed the World One Container at a Time
Before Steve Jobs and the iPhone, there was Malcolm McLean, inventor of the shipping container. McLean made the iPhone—and many other things—possible. Original Article: "Malcolm McLean: The Unsung Capitalist Hero Who Changed the World One Container at a Time" This Audio Mises
Why I Love “Price Discrimination”
Last week, I went to a vision center to get my new eyeglass prescription filled. Because I wear progressive lenses with antireflective coating and do not have vision insurance, I anticipated that the out-of-pocket cost of the glasses would be
Economy, Society, and History Audiobook
In June 2004, Professor Hoppe visited the Mises Institute in Auburn to deliver an ambitious series of lectures titled Economy, Society, and History. This project brings together the core of Hoppe’s lifetime of theoretical work in one vital and cohesive source.
Biden’s Raw Political Move Benefits the Ruling Class (Again)
When I interviewed for a teaching job at private college in Alabama more than twenty years ago, the recently elected governor had won partly on a platform in which the state would install a lottery system that would give students
Falling Military Recruitment Is Another Sign of Waning Faith in the Regime
If falling enlistments are an indication of declining faith in the military overall—and especially declining support among conservatives—that's very good news. Original Article: "Falling Military Recruitment Is Another Sign of Waning Faith in the Regime" This Audio Mises Wire is generously sponsored
Sound Money Can Prevent What Representative Democracy Does Not
One of the arrogances of “Western” nations is that our way of life and our liberties are protected by periodic elections as required by constitutions, written (America) or not (Great Britain), containing bills of rights, etc. The people rule, it
Germany’s Nuclear Choice: Russian Energy Crisis Forces a Reckoning
Not long ago, Germany's politicians were proudly phasing out nuclear power. Facing a harsh winter without Russian natural gas, the atom suddenly seems like a good alternative. Original Article: "Germany's Nuclear Choice: Russian Energy Crisis Forces a Reckoning" This Audio Mises Wire
The Story of War and Peace in the Currency Markets
There is a story of war and peace in the contemporary currency markets. It has a main plot and many subplots. As yet, the story is without end. That may come sooner than many now expect. The narrator today has a
