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[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

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

Our economic system—the market economy or cap­italism—is a system of consumers' supremacy. The customer is sovereign; he is, says a popular slogan, "always right." Businessmen are under the neces­sity of turning out what the consumers ask for and they must

The Fed’s tampering with market signals undermines the process of wealth generation, thereby exerting an upward pressure on the time preference interest rate and the market interest rate. Original Article: "Throwing the Fed's Machinery in Reverse: Fed Interest Rate Policies Continue

The recently completed royal tour of the Caribbean has provoked debates about Britain’s participation in the transatlantic slave trade. Animated by propaganda, such discussions obscure the complexity of the slave trade. Political hustlers are characterizing the slave trade in racial

Includes an introduction by Jeff Deist. Presented at the 2022 Libertarian Scholars Conference, in Nashville, Tennessee on September 10, 2022. 

Even as population has grown, increasing the intensive margin for agriculture has led to increased food production. This may not necessarily be a good thing. Original Article: "The False Benefit of Less Land Use for Agriculture" This Audio Mises Wire is generously