The Hydra-Headed Model of Social Change
Many people want to change the world. Depending on the direction they would like to go in, they need to select a suitable strategy. Speaking for myself, my desired change is to return to a free market in money and credit.
Covid and Its Statist Legacy: How Did We Get to This Point?
A plague unlike any other in modern years appeared on our shore as early as 2019, but it wasn’t until the start of February 2020 that the world began seeing massive surges in cases. Banking on the premature experiment in
The Pandemic of Executive Overreach Comes to an End. When Will the Next One Begin?
While the covid-19 pandemic brought sickness and death, another pandemic raged through Washington: abuse of executive power. Original Article: "The Pandemic of Executive Overreach Comes to an End. When Will the Next One Begin?" This Audio Mises Wire is generously sponsored by
Austrian Economists Are Not Surprised by the Shortages
While supporters of the Biden administration fault Putin for shortages, Austrian economists know the answer lies in Washington's monetary and economic mismanagement. Original Article: "Austrian Economists Are Not Surprised by the Shortages" This Audio Mises Wire is generously sponsored by Christopher Condon.
Carl Menger and the Austrian School of Economics
A Selection from The Historical Setting of the Austrian School of Economics. 1. The Beginnings What is known as the Austrian School of Economics started in 1871 when Carl Menger published a slender volume under the title Grundsätze der Volkswirtschaftslehre. It is customary to trace
To Succeed, the AfCFTA Must Be about Actual Free Trade, Not Government-Managed “Free Trade”
The African Continental Free Trade Area (AfCFTA) is the world's largest free trade area by the number of countries. It is the most ambitious and, given demographic trends, the most promising free trade project on earth. The AfCFTA matters very
The Backstory of the Great Reset, or How to Destroy Classical Liberalism
As should be clear by now, Francis Fukuyama’s declaration in The End of History: The Last Man (1992) that we had arrived at “the end of history” did not mean that classical liberalism, or laissez-faire economics, had emerged victorious over
Is Freedom the Highest Political Value?
In his ambitious new book, Conservatism: A Rediscovery (Regnery, 2022), the distinguished Israeli philosopher Yoram Hazony poses a sharp challenge to the view that freedom is the highest political value, and in this week’s column, I’d like to address his
The Economics of Davos
Jeff and Bob take a look at the misnamed "World Economic Forum" and its conference this past week in Davos, focusing on their recently published report. Read the WEF's Chief Economists Outlook: Mises.org/WEF22
Elon Musk versus the Woke Cartel
Many criticisms have been leveled against Elon Musk—that he’s part of the elite, that Tesla has been the beneficiary of government handouts and exemptions, that his transhumanist Neuralink is a brain-data-mining operation. Yet his planned purchase of Twitter, his supposed