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On this episode of Radio Rothbard, Ryan McMaken and Joseph Solis-Mullen take a look at brewing debt crises in emerging markets and how the dollar still looks good when compared to other global currencies. Recommended Reading "How the Fed Helped Create Another Calamity: The

Free Market: The History of an Ideaby Jacob SollBasic Books, 2022; viii + 326 pp. Jacob Soll is a distinguished historian, and Free Market contains much of value, but the book cannot be considered a success, and indeed as it reaches the

Typical teaching on stock prices says they are little more than a random walk. But people's purposeful actions are behind every economic transactions. Original Article: "Short-Term Market Volatility Is Not Entirely Random" This Audio Mises Wire is generously sponsored by Christopher Condon. 

A famous aphorism says, “You cannot hit a target you cannot see,” which expresses a more general truth. We cannot hit what we cannot see, because seeing allows us to discern things of interest from everything else; it focuses on

[This essay, which exposes the big-government policies of the Hoover administration, was first published in the Saturday Evening Post, June 25, 1932.] In the minutes of the Chicago City Council, May 12th last, is the perfect example of how commonly we

Logical positivism holds that theory is irrelevant to the empirical results. It is the other way around; One cannot understand or interpret economic data until one has a working economic theory in place. Original Article: "We Cannot Interpret Economic Data Unless

The recent hefty depreciation of the yen to a twenty-four-year low against the dollar has raised eyebrows due to the yen’s traditional safe haven role in times of turmoil, such as the war in Ukraine. The yen’s decline had already

By compensating slave owners for the abolition of slavery, Great Britain ended the scourge of chattel slavery long before it was ended in the Americas. Original Article: "By Compensating Slave Owners, Great Britain Negotiated a Peaceful End to Slavery" This Audio Mises

Speaking at Jackson Hole, Wyoming, on August 26, 2022, the chair of the Federal Reserve, Jerome Powell, said the Fed must continue to raise interest rates—and keep them elevated for a while—to bring the fastest inflation in decades back under

With the impending burial of the United Kingdom's Queen Elizabeth, republicans from London to Sydney have ramped up their efforts to end the British monarchy. The resulting war of words between monarchists and their opponents has highlighted the sheer diversity