What the New Nobel Winners Get Wrong about Economics
This year’s Nobel Prize in economics was awarded to David Card of the University of California, Berkeley, Joshua Angrist of Massachusetts Institute of Technology, and Guido Imbens of Stanford University. The laureates, according to the Nobel Committee have made an
Jay Bhattacharya on Public Health
Our guest is Jay Bhattacharya, Professor of Medicine and Health Policy at Stanford University. Professor Bhattacharya is also research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, and director
Fabrice Testa on Super Entrepreneurship
Entrepreneurship is a method, and it’s also a mindset. Fabrice Testa has written a book that brilliantly integrates the two: he calls the integration "Super Entrepreneurship," and his book title is therefore Super Entrepreneurship Decoded (Mises.org/E4B_139_Book). He has the appropriate
Polygamy Is a Problem for Economic Development
Though a rarity in most places, polygamy is pervasive in a batch of countries situated in West and Central Africa, including Burkino Faso (36 percent), Mali (34 percent), and Nigeria (38 percent). Economist James Fenske in a 2011 paper discussing
“Shortages” Aren’t Causing Inflation. Money Creation Is.
The current surge in inflation is not due to a shortage of supply as central banks want us to believe. It is primarily due to soaring consumer demand fueled by monetary creation. Original Article: "'Shortages' Aren't Causing Inflation. Money Creation Is." This Audio
The Roots of the Afghanistan War
While the US was able to give the Soviets a bloody nose by pouring billions into the mujahideen, it’s undeniable the US created a Frankenstein's monster that ended up turning on its creator. Original Article: "The Roots of the Afghanistan War" This
We’re Living in a Chaos Economy. Here’s How to End It.
The Federal Reserve has been increasing the money supply at an explosive rate. The federal budget, deficits, and the trade deficit are record levels. Governments, both foreign and domestic, have locked down people, restricting production and consumption. How should this
The Postpandemic World Is One of Widespread Dependence on Government
The state is making people dependent on it, both as means for control and as an outcome of many policies intended to provide relief. Original Article: "The Postpandemic World Is One of Widespread Dependence on Government" This Audio Mises Wire is generously
The CIA Has Stultified American Consciences
One of the worst consequences of converting the federal government to a national security state has been the stultification or warping of the consciences of the American people. With unwavering allegiance to the Pentagon, the Central Intelligence Agency, and the
The US’s Fantastical Foreign Policy: Sowing the Seeds of Failure
The 1980s were a kind decade for the United States when it came to its ability to project military power. Coming off the heels of decisive interventions in Grenada and Panama and devastating punitive actions against Libya and Iran, the