France Is Catching Up to Japan, but Not in a Good Way
France is seeing its wealth-to-income levels rise to Japan's level because it is becoming harder for people to save and build wealth. Original Article: "France Is Catching Up to Japan, but Not in a Good Way" This Audio Mises Wire is generously
Africa’s Way Out of Monetary Colonialism
Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues. Original Article: "Africa's Way Out of Monetary Colonialism" This Audio Mises Wire is generously sponsored by Christopher Condon.
Federal Reserve Policies Aimed at Creating Price Stability Bring About Economic Instability
For most economists and politicians, the role of central bank authorities is to make the economy as stable as possible. What do they mean by economic stability? Economic stability refers to an absence of excessive fluctuation, so an economy with
Freedom and Sound Money: Two Sides of a Coin
It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically
Can the State Reduce Poverty?
From the beginning of history, sincere reformers as well as demagogues have sought to abolish or at least to alleviate poverty through state action. In most cases their proposed remedies have only served to make the problem worse. The most frequent
The Fed Gets It Wrong on Money Velocity, Too
Money velocity's role in forcing up prices is misunderstood because today's monetary "authorities" fail to consider how new money is injected into the economy. Original Article: "The Fed Gets It Wrong on Money Velocity, Too" This Audio Mises Wire is generously sponsored
The Fallacy of Collectivism
According to the doctrines of universalism, conceptual realism, holism, collectivism, and some representatives of Gestaltpsychologie, society is an entity living its own life, independent of and separate from the lives of the various individuals, acting on its own behalf and
History and Institutions Matter: The Postslavery Development of Jamaica and Barbados
The success of Barbados relative to other Caribbean countries has unleashed a welter of studies explaining the ascendancy of Barbados. Frequently, Barbados is compared to Jamaica because they are both former colonies of England that attained independence in the 1960s. More
History and Institutions Matter: The Postslavery Development of Jamaica and Barbados
The success of Barbados relative to other Caribbean countries has unleashed a welter of studies explaining the ascendancy of Barbados. Frequently, Barbados is compared to Jamaica because they are both former colonies of England that attained independence in the 1960s. More
African Politicians Must Stop Blaming Others for Africa’s Economic Woes
Colonialism, imperialism, unfair trade, and more. African politicians look everywhere for the causes of Africa's poverty and chaos but in the mirror. Original Article: "African Politicians Must Stop Blaming Others for Africa's Economic Woes" This Audio Mises Wire is generously sponsored by