History and Institutions Matter: The Postslavery Development of Jamaica and Barbados
Why did Barbados postslavery develop a more robust economy than Jamaica even though the people had similar ethnic backgrounds? Original Article: "History and Institutions Matter: The Postslavery Development of Jamaica and Barbados" This Audio Mises Wire is generously sponsored by Christopher Condon.
Revisionism for Our Time
Revisionism as applied to World War II and its origins (as also for previous wars) has the general function of bringing historical truth to an American and a world public that had been drugged by wartime lies and propaganda. This,
Money: What Is It? The More Important Question: Why Is It?
Most people—and especially most economists—not only are ignorant of what money actually is, but how and why it became part of our economy in the first place. Original Article: "Money: What Is It? The More Important Question: Why Is It?" This Audio
It’s Not Just the USA: The Economic Instability Is Global
The actions of the authorities in developed countries, essentially an extension of the Keynesian economic policy discourse, have brought the economies into disrepute. These actions consist of immense stimulus and virtually unfunded government indexation of voter income in the face
The Fed’s Latest Housing Bubble
Is the current housing market in a bubble that is ready to pop? If so, what is the source and magnitude of the market distortion. The topic of a possible housing bubble has been a topic of discussion lately, especially
Who Central Bankers Really Are
We spend a lot of time on this show talking about central banking. This week we talk about central bankers themselves, from Powell to Brainard to Lagarde to Greenspan. Robert Aro joins.
Uncertainty
1. Uncertainty and Acting The uncertainty of the future is already implied in the very notion of action. That man acts and that the future is uncertain are by no means two independent matters. They are only two different modes of
Lighting the Gas under European Feet: How Politicians and Journalists Get Energy So Wrong
Green energy advocates want us to believe we easily can transition from conventional fuels to renewables. In truth, such a transition not only would devastate world economies, but also is not technologically possible. Original Article: "Lighting the Gas under European Feet:
Capitalism Facilitates Mutual Aid. It Can’t Be Dismissed as “Selfish Materialism”
Many people criticize the free market as “materialistic”; it reduces everything to monetary values. Murray Rothbard analyzes this charge against the free market, and in this week’s column, I’d like to consider his distinct perspective. He first sets the stage: One
Student Loans and Government Subsidies: Another Government “Benefit” Creates Financial Chaos
Since the Obama administration nationalized the student loan program, we have seen student debt metastasize. Unfortunately, the Biden administration looks to make things even worse. Original Article: "Student Loans and Government Subsidies: Another Government "Benefit" Creates Financial Chaos" This Audio Mises Wire