The Problem with Standing Armies
Ryan McMaken and Zachary Yost examine some reasons why early Americans hated the idea of a professional standing army, and some of the tactics used to decentralize military power in the US and Switzerland. Recommended Reading "Why We Can't Ignore the Militia Clause
Easy Money, Easy Lies
Strange how campaign season leads to the usual political drama over taxes. Republicans have learned the hard way that they should never raise them, at least not in ways that are noticeable. They accuse Democrats of plotting secret increases. The
Slowing Money Supply Growth in 2022 Points to Recession
During April 2022, year-over-year money supply growth was at 7.23 percent. That's down from March's rate of 7.41 percent and April 2021's rate of 36.8 percent. Original Article: "Slowing Money Supply Growth in 2022 Points to Recession" This Audio Mises Wire is generously sponsored by Christopher Condon.
Independence for Chagossians? Time to End Colonialist Policies
In a recent speech regarding budgetary measures for 2022–23, the Mauritian minister of finance, economic planning and development, Renganaden Padayachy, pledged to continue the efforts to decolonize the Chagos Archipelago. For nigh on fifty-seven years, this issue has been buried
Curt Carlson: Value Creation As A Life Skill
Curt Carlson has devoted his life to value creation and innovation — VC&I as he sometimes characterizes it. He has been CEO of SRI, a “pure innovation” company where the business model was to create important new innovations that positively impacted
Interest Rates Are Rising, but the Fed Continues to Be Reckless
The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy. Original Article: "Interest Rates Are Rising,
From the Eccles Building to Vegas: The Fed Enables the Worst Ponzi Schemes
It seems a short leap from Robinhood or Coinbase to a Ponzi scheme. “Investing is simple here,” Robinhood’s website leads. “Start building your portfolio with just $1.” Scroll down a bit on coinbase.com, and it says, “Take control of your
Why Intervention Persists
With a few exceptions contemporary commentators on economic problems are advocating economic intervention. This unanimity does not necessarily mean that they approve of interventionistic measures by government or other coercive powers. Authors of economics books, essays, articles, and political platforms
The New Deal: Admissions against Interest
Though Kuttner thinks the New Deal a great success, he himself lays out some of its many problems. Original Article: "The New Deal: Admissions against Interest" This Audio Mises Wire is generously sponsored by Christopher Condon.
Why Progressives Love Government “Experts”
Progressives have long pushed for a state dominated by a new class of "scientific" experts who are supposedly nonpolitical and pursuing only "good government." It's a fantasy many people still believe. Original Article: "Why Progressives Love Government 'Experts'" This Audio Mises Wire is