We Still Haven’t Reached the Inflation Finale
Inflations have an inbuilt mechanism which works to burn them out. Government (including the central bank) can thwart the mechanism if they resort to further monetary injections of sufficient power. Hence inflations can run for a long time and in virulent form.
Darshan Mehta: Insights Are Game Changers For Business
What drives customer behavior and customer choices? It’s the existential question for business; you’ve got to know the answer. But it’s a mystery, hard to unlock. The solution to this answer lies in what market researchers call insights, based on
Why It’s Looking More like the 1970s than the 1950s.
It is theoretically possible that through huge gains in productivity, the US could escape inflation and stave off a recession. But don’t count on it. Original Article: "Why It's Looking More like the 1970s than the 1950s." This Audio Mises Wire is
Do Institutions Play a Role in Promoting Economic Growth? In Short, Yes.
Economists teach that institutions determine long-term economic growth—but are some institutions more crucial than others? The legendary Douglas North (1989) popularized the idea that the Glorious Revolution in England culminated in the imposition of institutional constraints on the monarchy. North
The New Slavery: Nock on Spencer
[This is Albert Jay Nock's (1870–1945) introduction to Spencer's forgotten 1884 classic, The Man versus the State.] In 1851 Herbert Spencer published a treatise called Social Statics; or, The Conditions Essential to Human Happiness Specified. Among other specifications, this work established and made
The Ukraine War Shows Nukes Mean Safety from US-Led Regime Change
Some journalists like Steve Portnoy of CBS seem unable to grasp that escalations that might lead to nuclear war are a bad thing. The journalist seemed incredulous last week when asking White House spokeswoman Jen Psaki why the United States
What Causes Exceptionally Low Inflation in Japan and Switzerland?
Do the low inflation rates mean that the purchasing power of Japanese and Swiss citizens has increased relative to other countries over time? The answer seems to be no. Original Article: "What Causes Exceptionally Low Inflation in Japan and Switzerland?" This Audio
European Environmentalists Have Made Energy Independence Impossible
Europe wants cheap and abundant energy, but politicians demonize nuclear, gas, and oil. All the interventionist proposals that are put forward by European politicians entail a higher cost for long-suffering consumers. Original Article: "European Environmentalists Have Made Energy Independence Impossible" This Audio
No, Hitler Was Not a Closet Capitalist
The German Political Scientist Jürgen W. Falter analyzed by far the largest and most comprehensive sample from the two central NSDAP membership card indexes. As Falter demonstrates, the proportion of blue-collar workers in the NSDAP was always far higher than
Rothbard on Today’s Progressive War Jingoism
Rothbard the historian explained so well how the true progressive goal was always to remake America domestically by promoting war. Original Article: "Rothbard on Today's Progressive War Jingoism" This Audio Mises Wire is generously sponsored by Christopher Condon.