Mises Remembers Eugen von Böhm-Bawerk
Quarterly Journal of Austrian Economics 19, no. 2 (Summer 2016) "On the Occasion of the Tenth Anniversary of His Death" [Translator's Note: A transcript of the German language original under the title “Der Economist Eugen v. Böhm-Bawerk—Zu seinem 10. Todestage” has been
Socialist Planning and War
Last week I wrote about Ludwig von Mises’s important letter to the New York Times in June 1942 about the Nazi economy. In the letter, Mises says that foreign trade poses a difficult problem for a socialist economy. Unlike the
Why Austrians Stress Ordinal Utility
Sometimes people—even other economists—are incredulous that the Austrians deny the possibility of interpersonal utility comparisons. Original Article: "Why Austrians Stress Ordinal Utility" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Report from Canada: The Regime Is Lying about the Truckers
Canadian truck drivers are continuing their protest against the government’s covid/vaccine mandates. The protest was triggered by the federal government’s November mandate that truck drivers must be fully vaccinated by January 15 or they would be subject to mandatory testing and
The Cultural and Spiritual Legacy of Fiat Inflation
The notion that inflation is harmful is a staple of economic science. But most textbooks underrate the extent of the harm, because they define inflation much too narrowly as a lasting decrease of the purchasing power of money (PPM), and
An American Fight in Ukraine Brings Big Costs, No Benefits
If there was one thing that predictably united the usually squabbling Roman elite, it was the emergence of a perceived threat to Rome’s Mediterranean and near-continental hegemony. To some degree, however difficult to calculate, it is impossible to deny that
Rising Rents and Cheap Money Flowing—So Apartment Prices Are Soaring
Fannie Mae is helping ensure easy money flows to apartments. That means multifamily prices are heading skyward like asset prices overall. Original Article: "Rising Rents and Cheap Money Flowing—So Apartment Prices Are Soaring" This Audio Mises Wire is generously sponsored by Christopher
San Jose’s Gun Tax Has Nothing to Do with Reducing Crime
California politicians say "gun owners should cover the costs of gun violence." Apparently, holding actual criminals responsible for their own misdeeds is too much work in California. Original Article: "San Jose's Gun Tax Has Nothing to Do with Reducing Crime" This Audio
Woke Capitalism Is a Monopoly Game
In 2018, Ross Douthat of the New York Times introduced the phrase “woke capital.” Essentially, Douthat suggested that woke capitalism works by substituting symbolic value for economic value. Under woke capitalism, corporations offer workers rhetorical placebos in lieu of costlier