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Monetary inflation results in a general rise in prices, often called "price inflation." But rising prices are not always "inflation." In any case, more government regs and subsidies won't help. Original Article: "When Higher Prices Are Not Inflation" This Audio Mises Wire

The historical guilds of Europe have long been criticized for cartelizing trade and seizing monopolistic powers. And new research suggests the situation was very similar in Africa as well. Original Article: "The Problem with Guilds: They're Monopolistic and Wasteful" This Audio Mises

Trust in the US military has plummeted according to a recent survey, and conservative Americans may finally realize that the military is just a wing of the woke, progressive American establishment. Original Article: "Americans May Finally Be Losing Confidence in the

The work cumbersomely entitled, The General Theory of Employment, Interest and Money, now commonly abbreviated as "The General Theory," was published in 1936. It was therefore only ten years old when the author, John Maynard Keynes, died last April. Probably no

In its effort to patch together a working financial system out of postwar crises, the Federal Reserve would wildly exceed its mandate, flooding the world with dollars. Original Article: "Money and Banking in the US after the Crises of the 1970s

Countries must remain free to refuse the edicts of global institutions of "government" like the World Bank or the IMF. This is true even when the stated goal is advancing free markets. Original Article: "Global Governance versus Freedom and Free Enterprise" This

Thanks to vast regulatory powers, regimes have many tools and many advantages in propping up fiat currencies when faced with competition from other currencies. Original Article: "What the Regime Will Do to Fight Private Digital Currencies" This Audio Mises Wire is generously

Fractional reserve banking has existed throughout history, long before the creation of government currencies or central banks. Once monetary custodians realized that not all depositors would demand repayment simultaneously, the practice of lending out deposits in excess of reserves became

The concept of a pioneer’s advantage is based on a single, intuitive pillar: it takes time for knowledge to spread throughout society. When an entrepreneur mixes his existing knowledge and creates a new idea—in other words, innovates—he is the one who

Here we go again. Since the original Gulf War in 1991, a certain pattern has emerged. Every few years, the regime in Washington attempts to whip the American people into a frenzy so as to support the latest American invasion