Russia Isn’t Nearly as Isolated as Washington Wants You to Believe
Those gloating about Russia being "cut off" are overstating the case. In fact, many of the world's largest countries have shown a reluctance to participate in the US's sanction schemes, and even close US allies aren't going along with it. Original
A Review of Nik Bhatia’s Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies
For understanding our modern monetary troubles, Nik Bhatia’s pamphlet-sized book from last year hits exactly the right intersection between money and banking, between the past and the future. Clocking in at around 150 pages of easy prose, it’s accessible but
The Persistent Problem of Objective Value
Recorded at the 2022 Austrian Economics Research Conference hosted at the Mises Institute in Auburn, Alabama, March 18–19, 2022. The Lou Church Memorial Lecture, sponsored by The Lou Church Foundation. Includes audience question and answer period. The Austrian Economics Research Conference is
Central Banks Have Broken the True Savings-Lending Relationship
Most people believe lending is associated with money. But there is more to lending. A lender lends savings to a borrower as opposed to "just money." Let us explain. Take a farmer, Joe, who has produced two kilograms of potatoes. For his
America Has Long Been a Haven for Draft Dodgers from Foreign Lands
From the Volga Germans to the Armenians of the Ottoman Empire to the Spaniards and the Mennonites, choosing emigration as a means of avoiding military conscription has a long history. Original Article: "America Has Long Been a Haven for Draft Dodgers
Love, Fear, and the Law of Good Intentions
Today, progressives govern by the law of good intentions, and when government has good intentions, the results, no matter how disastrous, don't matter. Original Article: "Love, Fear, and the Law of Good Intentions" This Audio Mises Wire is generously sponsored by Christopher
Real Scientific Inquiry Requires Dissent. But That’s Not What the CDC and JAMA Want.
The scientific method requires free and open dissent from any scientific hypothesis. Yet JAMA is requesting that medical boards become a new Inquisition to root out heresy and apostasy from CDC doctrines. Original Article: "Real Scientific Inquiry Requires Dissent. But That's
Government, the Centralizing Mindset, and the Idiots in Charge
“Buy into a business that’s doing so well an idiot could run it, because sooner or later, one will.”—Warren Buffet The curious thing about democracy is that somehow the worst get on top. Despite all the high-flying words, the mass campaigns,
The Science of Evil: A Personal Review of Political Ponerology
A new edition of Political Ponerology, by Andrew M. Łobaczewski, edited by Harrison Koehli, is now available on Amazon.1 This strange and provocative book argues that totalitarianism is the result of the extension of psychopathology from a group of psychopaths
Prosperity vs. Peace
A new economic fallacy came of age in the course of the last prewar decade and threatens to play havoc with the future peace of the world. This fallacy consists in saying that a country's national prosperity depends, essentially, upon