Despite Their Hubris, Monetary Authorities Do Not Have Total Control
A new monetary age is coming and sooner than anyone thinks. Since 1971 the world’s monetary system has been unanchored by anything of intrinsic value. In the fall of that year, President Nixon took the US off what remained of
Five Keys to Professional and Personal Development
Do these things to stand apart from your peers. Original Article: "Five Keys to Professional and Personal Development" This Audio Mises Wire is generously sponsored by Christopher Condon.
Do People Accept Money Because Government Endorses It?
Demand for goods arises because of perceived benefits. For instance, individuals demand food because it nourishes them. This is not so, however, about pieces of paper we call money, so why do we accept them? According to Plato and Aristotle, the
Biden Declared the Pandemic Over Because He Had To
On 60 Minutes last Sunday, President Biden declared "the pandemic is over," but quickly added "we still have a problem with COVID, we’re still doing a lot of work on it." Biden then reiterated: "But the pandemic is over" and his
How Do We Define Socialism? By What It Does—and Does Not—Do
The reality of socialism is that it politicizes life entirely. How that is supposed to improve quality of life remains a mystery. Original Article: "How Do We Define Socialism? By What It Does—and Does Not—Do" This Audio Mises Wire is generously sponsored
Can National Conservatism Threaten the Regime?
Last week the Edmund Burke Foundation played host to the third annual National Conservative Conference in Miami, Florida, bringing together several of the preeminent political and intellectual leaders in the contemporary Right. Organized by Yoram Hazony, this year’s natcon brought
Europe Ditched Russian Energy. Now People Are Sitting in Line For Days to Buy Coal. Is Biden to Blame?
When people start freezing to death in Europe this winter, who will be blamed? Regulations, Russia, the North Atlantic Treaty Organization? They all will be, but no one with a recognizable face or name will pay any price. The war fueled
Volcker and the Great Inflation: Reflections for 2022
[Originally published by Law&Liberty.] The celebrated Paul Volcker (1927-2019) became Chairman of the Federal Reserve Board 43 years ago on August 6, 1979. The 20th-century Great Inflation, stoked by the Federal Reserve and the other central banks of the day, was
When “Decolonialization” Creates More Problems than It Allegedly Solves
The academic and political buzzword today is "decolonialization," but what happens when good laws are discarded on the flimsy basis that they were established during a colonial era? Original Article: "When "Decolonialization" Creates More Problems than It Allegedly Solves" This Audio Mises
The Inflation Reduction Act: Another Unfair and Unjustified State Intervention
Taking advantage of their current majorities in Congress, which might not last beyond the midterms, and after eighteen months of marathon negotiations, the Democrats finally passed yet another plan to artificially and unfairly dope the US economy. The $430 billion