The British Agricultural Revolution Gets No Respect
Who hasn’t heard of the Industrial Revolution, the historical turning point that created modern society, for better or worse? Economist Donald Boudreaux has described this as the “hockey stick of human prosperity,” which launched the average person from subsistence to
The Free Market Medical Revolution
Jeff Deist: Welcome, Dr. Smith. I know you are a University of Oklahoma alum and your surgery center is in Oklahoma City. Are you an Oklahoma native? Keith Smith: Yes, I am. I was born in Tulsa and lived in the
From the Publisher July–August 2022
Even amidst plenty of bad news, quiet revolutions happen all around us. No American industry is more ripe for disruption than medicine. Americans are addled; sick, overweight, mentally unwell, and dependent on too many prescription drugs. The business of “healthcare” is
Argentina’s Difficult Political Landscape and Libertarian Prospects for Change
Once wealthy Argentina has suffered under one interventionist regime after another for nearly a century. What are the prospects for changing things for the better? Original Article: "Argentina's Difficult Political Landscape and Libertarian Prospects for Change" This Audio Mises Wire is generously
The Canaries in the Coal Mines Are No Longer Singing
The Federal Reserve has declared its program of monetary expansion (formerly referred to as inflation) over in an effort to fight rising prices (currently referred to as inflation). As Murray Rothbard explained, "Government intervention brings about bank expansion and inflation,
Don’t Let Them Claim Uvalde’s Police Failure Was Just a Local Problem
One remarkable aspect of the coverage of the Uvalde shooting is how quickly the narrative has gone from one of praising police heroics to one of exposing complete, total, and shameful failure on the part of the law enforcement agents. Simultaneously,
The Industrial Revolution and the West Indies: Did the Colonies Spark Progress in the Metropole?
The West Indies played a vital role in growing the British economy in the eighteenth century. Original Article: "The Industrial Revolution and the West Indies: Did the Colonies Spark Progress in the Metropole?" This Audio Mises Wire is generously sponsored by Christopher
The Federal Reserve Now Is between the Proverbial Rock and a Hard Place
The Federal Reserve has sabotaged the economy since 1913 with its socialistic interventions. Every single boom created via its artificial credit expansion has resulted in disaster, which includes the Great Depression, which was caused by nearly a decade of inflation
Did Capitalism Cause the Great Depression?
Lionel Robbins's The Great Depression (Macmillan, 1934) is one of the great economic works of our time. Its greatness lies not so much in originality of economic thought, as in the application of the best economic thought to the explanation