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Fans of Austrian economics know hedge fund manager Mark Spitznagel as a brilliant thinker thoroughly steeped in Menger, Böhm-Bawerk, Mises, and Rothbard. His excellent 2013 book The Dao of Capital was rooted in Austrian capital theory and "roundaboutness," and his application

Stalin’s War: A New History of World War IIby Sean McMeekinBasic Books, 2021831 pp. Probably the dominant mainstream view of World War II goes like this. World War II was the “good war.” Though Joseph Stalin was guilty of many crimes,

The collapse of the monetary order in 1971 reflected the massive dislocations and malinvestment of resources that ultimately turned the decade into one crisis after another. Keynesians are doing something similar today. Original Article: "The Great Keynesian Coup of August 1971:

O, my offense is rank, it smells to heaven,It hath the primal eldest curse upon't,A brother's murther! –Hamlet, act 3, scene 3 Violations of fundamental human rights and the mistreatment of human beings are not a new aspect of humanity. Stalinist murders,

Victor Davis Hanson's cartoonish conception of how foreign states act is not supported by history and contributes to the US government’s insane defense expenditures and destructive crusades around the globe. Original Article: "Paranoia about American Weakness Rests on a Flawed Understanding

This article is adapted from a talk at the Colorado Springs Mises Meetup on August 21, 2021. See the video.  When it comes to policy debates, it’s now pretty clear that if you’d like to sound very quaint and old-fashioned, be sure

Most Egyptians have lived their whole lives in a country where the government heavily subsidizes bread prices. But now the deeply indebted Egyptian state faces some tough choices, and Egypt's poor may suffer the most. Original Article: "Egypt's Bread Subsidies May

Carl Menger (February 23, 1840–February 26, 1921) is the founder of the Austrian school of economics. He is generally recognized in economics for his contribution to the development of the concept of marginal utility and as a pioneer of the

Pressure on the unvaccinated grows. While the vaccinated in some countries are getting back some of their freedoms taken away by the covid interventions, the unvaccinated are not so well off. They are being targeted for discrimination. Access to public

The following interview of Ludwig von Mises was conducted in Lima, Peru, by La Prensa and published on January 4, 1950. Thanks to Cesar Usquiano for this translation. During his stay in Peru, Professor Mises made some statements that we will see below. Our