The Secessionist French Classical Liberals: Molinari and Dunoyer
Back in 1976, Joseph Salerno lamented that "there exists today in Anglo-American economics a veritable 'conspiracy of silence' regarding the works and achievements of the French Liberal School of Economics." Not a whole lot has changed since then, and the same can
What Drove the Industrian Revolution in Britain? It Wasn’t Slavery
The link between the transatlantic slave trade and industrial growth in Britain is a recurring theme in public discussions. There is a widespread assumption that the profitability of the slave trade requires Britain to compensate the descendants of Africans, since
What Will Germans Do without Russian Gas?
Ryan and Tho talk with Mises.org author and German native Rosanna Weber about the energy crisis in Germany. German policymakers have greatly worsened the ongoing energy crisis in Germany by abandoning nuclear energy and taking a hard line on Russian natural gas.
Despite Their Hubris, Monetary Authorities Do Not Have Total Control
While officials in the White House, Treasury, and the Fed give the appearance of being in control, but in truth, they cannot undo the damage they have done. Original Article: "Despite Their Hubris, Monetary Authorities Do Not Have Total Control" This Audio Mises
Unscrambling Socialism from Our Economic Order: Wisdom from Leonard Read
Many years ago, in his “Unscrambling Socialism” (Notes from FEE, November 1964), Leonard Read wrote: Any adept student of human action knows that it isn’t enough merely to “drop anchor” in today’s sea of socialism, that is, to stop where we
Three Cheers for Mises
Today marks the birthday of Ludwig von Mises, and day 4 of our annual Fall Campaign. Mises was the most important scholar of the twentieth century, a man who not only revolutionized our understanding of economic science, but was both the
Do People Accept Money Because Government Endorses It?
Why does money have value? Typical economists claim that money is valuable because the government declares it so. But that is impossible, given the true origins of money, which are best explained by Austrian economists. Original Article: "Do People Accept Money Because
Central Banks Claim to Preserve the Value of Money through Inflation
It may sound like a bad joke, but several central banks actually claim this. On the website of Sweden’s central bank, the Riksbank, you can read it both in English and Swedish. In English, the statement says: “The Riksbank is Sweden’s
We Don’t Believe You
David French, maybe National Review’s most reliably wrong scribe, issued this gem in response to the FBI raid on Donald Trump’s residence in Florida: french2_2.jpg
Germany’s (and Europe’s) Self-Inflicted Upcoming Energy Crunch
At the urging of the United States, Germany and other European governments have levied sanctions against Russia. In reality, these governments have levied sanctions against themselves and their citizens. Original Article: "Germany's (and Europe's) Self-Inflicted Upcoming Energy Crunch" This Audio Mises Wire