Covid-19: Assessing the Madness in Year 3
By making covid a political virus, progressive politicians, cheered on by their media, applied political "solutions" that failed to protect the most vulnerable people. Original Article: "Covid-19: Assessing the Madness in Year 3" This Audio Mises Wire is generously sponsored by Christopher
Ireland: When MMT and Price Controls Collide, Little Remains
Ireland has been "experimenting" with MMT and price controls. The results are predictable. Original Article: "Ireland: When MMT and Price Controls Collide, Little Remains" This Audio Mises Wire is generously sponsored by Christopher Condon.
Debt-Fueled Demand and Oil Price Inflation Brings Airfares Roaring Back
If you’ve purchased any airline tickets lately, you’ve probably noticed that prices are up. It’s quite a reversal from the days of covid lockdowns, when airline tickets could be had for half the price of 2019 fares. Or even lower,
The Russian Economy and the Social Contract: The Path to a Deplorable Reality
The social contract in autocracies and totalitarian dictatorships is characterized by the fact that power is always at the top of the triangle: state, business, society—business and society's nominal weight is always less than that of the state. In particular, this
Don’t Be Fooled: The World’s Central Bankers Still Love Inflation
The Bank of Canada on Wednesday increased its policy interest rate (known as the overnight target rate) from 1.0 percent to 1.5 percent. This was the second fifty–basis point increase since April and is the third target rate increase since March of
The WHO’s Pandemic Treaty: The End of National Sovereignty and Freedom
Even as much of the world continues to move past the covid-19 pandemic, the World Health Organization (WHO) is already looking ahead and preparing for the emergence of “other pandemics and other major health emergencies.” To ensure that the world
What Krugman Gets Right and Wrong on Trade Surpluses
Krugman’s recent NYT column on Russia features commentary on trade surpluses that is at best very misleading. Original Article: "What Krugman Gets Right and Wrong on Trade Surpluses" This Audio Mises Wire is generously sponsored by Christopher Condon.
Why Russia’s Authoritarian Regime Continues to Enjoy Public Support
One of my areas of research in institutional economics is the social behavior of people under different political regimes, what Thomas Schelling called micromotives and macrobehavior. Of course, this topic is directly related to many related disciplines, from behavioral economics
The Place of the Austrian School in the Evolution of Economics
1. The “Austrian School” and Austria When the German professors attached the epithet “Austrian” to the theories of Menger and his two earliest followers and continuators, they meant it in a pejorative sense. After the battle of Königgrätz, the qualification of
Private Guns, Do-Nothing Police, and Government Power
In this episode of Radio Rothbard, Jeff Deist and Ryan McMaken talk police, guns, gun control, and the 2nd Amendment. Recommended Reading "Uvalde's Biggest Mistake Was Trusting the Police to Keep Us Safe" by Ryan McMaken: Mises.org/RR_84_A "Politicizing Mass Shootings Only Guarantees There