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The front-page headline in the Wall Street Journal on October 14 says it all, “Inflation Is Back at Highest in over a Decade.” The Labor Department reported that the Consumer Price Index (CPI) increased 5.4 percent from a year ago. This should

Last month I reviewed Samuel Moyn’s Humane (New York, 2021) but discussed only a few topics in it. Owing to the book’s great importance, I’d like in what follows to address another issue as well, and this is something with which

No country is safe from the Eye of Sauron that is the modern-day American national security state. Even some of the US’s ostensible allies can’t escape its all-seeing eye. Hungary and Poland, both members of the North Atlantic Treaty Organization

The Biden administration will use the SEC to squeeze oil and gas companies on "climate risk." As is typical for progressive schemes that drive up the cost of living, the working classes will suffer the most. Original Article: "Yes, They Are

It is not possible to replace productive credit by means of the easy monetary policies of the central bank. If this could have been done, then the world would have already ended poverty. Original Article: "'Idle Resources' Are Problems Caused by the

The libertarian movement has been chided by William F. Buckley, Jr., for failing to use its "strategic intelligence" in facing the major problems of our time. We have, indeed, been too often prone to "pursue our busy little seminars on

Policy normalization—defined as closing down the nonconventional toolbox and restoring a well-functioning price-signaling mechanism to the bond market—is difficult but possible. Original Article: "Three Things the Fed Must Do to Normalize Bond Markets" This Audio Mises Wire is generously sponsored by Christopher

The appropriate question is not “Who will build the roads?” but rather “Who will pay for them without taxation?” History suggests the answer is "lots of people" and the "public goods" theory is wrong. Original Article: "Who Will Build the Roads?

There are two main philosophical and ideological schools of thought that include the problem of internationalism in their principles. The first is liberal internationalism, which developed within the framework of classical liberalism. The second is orthodox Marxism and its various

Purchasing Submission: Conditions, Power, and Freedomby Philip HamburgerHarvard University Press, 2021, 320 pp. Philip Hamburger has made a revolutionary contribution to American constitutional law. He shows that what is often regarded as a narrow topic, “unconstitutional conditions,” of interest only to