Role Reversal: The Collapse of the Dollar-Enforced Empire
The Soviet empire started to crumble around 1989. The time period between the forming of the North Atlantic Treaty Organization (NATO) in the late 1940s and the retreat of Russia from Eastern Europe with the eventual collapse of communism in
Credit Suisse Collapsed Because of Government Intervention, Not Despite It
The standard narrative around current bank failures is that they occur because of a lack of regulation. Credit Suisse was heavily-regulated; that was the problem. Original Article: "Credit Suisse Collapsed Because of Government Intervention, Not Despite It" This Audio Mises Wire is
Biden’s Wealth Tax Is a Trojan Horse Requiring Multiple Manipulations
While no one expects politicians to be honest, one of the biggest lies that comes from President Joe Biden, members of his party, and those who echo their messages is that “the rich pay less taxes than you.” This crafted
Why the Dollar Still Beats the Euro and the Yuan
As evidenced by a number of recent policy changes in China, Russia, Saudi Arabia, and Brazil, the status of the US dollar as the world’s reserve currency is under coordinated attack. Efforts to dethrone the dollar, however, will require time
And you thought your Recreation.gov user fees were funding National Parks
Nope (As National Parks Visits Surge, Booz Allen Benefits): Visitors driving into Montana’s Glacier National Park this summer must buy a vehicle pass on Recreation.gov. The pass is free, but visitors pay a $2 fee to book the reservation. Visitors might assume
Understanding the Difference between Praxeology and Psychology
Some economists have tried to apply psychology to economic analysis, but psychology is not what drives economic activity. Original Article: "Understanding the Difference between Praxeology and Psychology" This Audio Mises Wire is generously sponsored by Christopher Condon.
Marxists Have a Plan for Housing: Make Sure There Is Less Available
“Stay in your lane” is a frequently heard refrain nowadays, normally a piece of advice directed at those who, by virtue of some aspect of their identifying characteristics or profession or beliefs, express views which are deemed unwelcome. “Stay in
What the Trump Indictment Tells Us about the Regime
Ryan and Tho talk about why Trump is the only former president to be prosecuted for crimes. The ruling class has agreed to not prosecute their own, but since they see Trump as an outsider, he is fair game. In
Roosevelt’s 1933 Gold Theft and Default
[April 5 is the 90th Anniversary of Franklin Roosevelt's executive order banning private ownership of gold. In this selection from Part III of America's Money Machine: The Story of the Federal Reserve, economist Elgin Groseclose shows how FDR's executive order was
Is It Real Money or Just Artifice?
Money proper is not artifice. It is a physical "thing" of value, acquired through labor and emerging out of the needs of individuals, who through voluntary exchanges determine its value. Original Article: "Is It Real Money or Just Artifice?" This Audio Mises Wire is generously