Thomas Piketty Wants to Bring Back Communism in the Guise of Democratic Socialism
Thomas PikettyA Brief History of EqualityHarvard University Press, 2022 Thomas Piketty’s Brief History is the fourth installment of his assault on economic inequality, following as it does the best-selling Capital in the Twenty-First Century and Capital and Ideology. The third, Time for Socialism: Dispatches from a World
A Political Victory for the Joes Is a Loss for the Country
Sen. Joe Manchin has agreed to support a "Build Back Better" lite that proponents claim will reduce inflation, give us better weather, and "pay for itself" through price controls and taxes. Perhaps we should be wary of such political "victories"
Africa Needs Conventional Fuels, Not Windmills and Solar Panels
The energy and climate goals that Western governments, the United Nations, and other organizations are pushing on Africa constitute a crippling blow to its economies. As the least developed region, Africa should unequivocally prioritize economic development. One would think that
Despite Our Own Inflation, the Dollar Dominance Takes Down the Yen and Euro
Even though the Fed has been inflating the US dollar with impunity, neither the yen nor the euro can challenge the USD. Original Article: "Despite Our Own Inflation, the Dollar Dominance Takes Down the Yen and Euro" This Audio Mises Wire is
The Income Tax Really Is Evil
This was, to be sure, "the home of the free and the land of the brave." Americans were free simply because the government was too weak to intervene in the private affairs of the people—it did not have the money
Low Interest Rates and High Taxes Won’t Help against Inflation: The Economy Needs Savings and Real Investment
With the Consumer Price Index (CPI) hitting a forty-year high of 9.1 percent, the Bank of England has responded by raising interest rates to 1.25 percent, up by 0.25 from the previous period. This, alongside ex-chancellor and PM hopeful Rishi Sunak planning
Do Tariffs Create Prosperity? Challenging the Populist Right on Trade
Populists on the right (and left) are claiming that American prosperity came about because of high protective tariffs. But political rhetoric can't replace sound economics. Original Article: "Do Tariffs Create Prosperity? Challenging the Populist Right on Trade" This Audio Mises Wire is
The Attempt to Prosecute Donald Trump is Unleashing More Than Our Political System Can Handle
With the recent FBI raid on Donald Trump’s Florida home, the Democrats and the Biden administration have raised the political stakes to a level from which this country as we have known it may never return. All one can say
Central Banks Have Been Hedging Rampant Regulation. Will This End Now?
Inflation continues to rise fast, in June 2022 having reached 8.6 percent in the United States and in the euro area. At the same time, regulation continues to thrive. Products, production processes, supply chains and trade are increasingly regulated. What
The FBI: A Stasi for America
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop dive into the FBI's raid of Donald Trump. At a time when half the country already questions the legitimacy of the federal government, what may be the lasting consequences