January 2023

The late Douglas North was correct to assert that institutions are a determinant of long-term economic growth. However, despite his genius in perceiving connections between economics and other fields, North wrote little on culture. Although leading economists are now beginning

In recent years, we've seen the issue of changing US state borders come up repeatedly. For example, activists in some Colorado counties in 2013 proposed breaking off to form a new state. Since 2021, a similar idea has persisted in

Remember those dystopian futuristic films in which the evil people try to electronically erase the heroes? Social media companies are trying to recreate that scenario. Original Article: "Notes from the Digital Gulag" This Audio Mises Wire is generously sponsored by Christopher Condon. 

By the beginning of the fourth century, the Roman Empire had become a completely different economic reality from what it had been at the beginning of the first century. The denarius argenteus, the empire’s monetary unit during the first two

Two days before Christmas, 1913, the infamous "creature from Jekyll Island," the Federal Reserve System, was birthed into our body politic. It has been devouring the economy ever since. Original Article: "Woodrow Wilson's Christmas Grift of 1913" This Audio Mises Wire is generously

After more than $20 trillion in stimulus plans since 2020, the economy is going into stagnation with elevated inflation. Global governments announced more than $12 trillion in stimulus measures in 2020 alone, and central banks bloated their balance sheet by

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are back for 2023, savoring the chaos in Congress. As the House Republican rebellion threatens to keep Kevin McCarthy from gaining the speaker's gavel, Ryan and Tho look at

Southwest Airlines experience an enormous meltdown over the Christmas holiday week last month, cancelling thousands of flights, and losing track of—or outright losing—countless pieces of luggage. The airline was full of excuses, of course. As has become fashionable for government

Wall Street has convinced itself that the Fed will soon engineer a "soft landing" by bringing down inflation without an accompanying recession. They need to rethink their beliefs. Original Article: "History Shows High Inflation Can Last Over Ten Years" This Audio Mises

Commentators worry that the United States might lose its dominance in innovation to Asian countries like China and Singapore. Many policymakers are intimidated by the R&D budgets of Asian countries and by their superior performance on international academic assessments. However, these