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Today [August 15] marks 50 years since President Richard Nixon closed the “gold window,” ending the ability of foreign governments to exchange United States dollars for gold. Nixon’s action severed the last link between the dollar and gold, giving the

Mandating private and government employees to be immunized against covid-19 and requiring the use of standardized electronic passes as proof of immunization across the nation is what liberty is made of, the editors of the Washington Post argued last week.  State

For some members of the American foreign policy establishment, the world is permanently stuck in 1938 Munich. Ever since the Munich agreement and the strategy of “appeasement” failed to deter the start of the Second World War, some scholars have

A specter is haunting the world: the increasing prospect of a new totalitarianism under the extended covid response. Unlike the specter of communism, or the specter of “dissent” to communist dictatorship that Václav Havel ironically identified in his groundbreaking essay

When we think in terms of the foundational law of property, it's clear that broad charges of aggression through infection are spurious at best. Original Article: "Pandemics, Infection, and Libertarianism" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by

With June 2021 CPI growth being at a thirteen-year high, inflation has been on a lot of people’s minds lately. You can’t blame them, seeing as over 23 percent of all dollars in existence were created in 2020 alone. Although future

Nixon's decision to end the gold redeemability of the greenback was probably the most comprehensive act of monetary expropriation of modern times. Original Article: "The Crime of '71: When Nixon Ended the Dollar's Last Connection to Gold" This Audio Mises Wire is

After the Taliban captured Kabul far faster than anyone in Washington forecast, secretary of state Tony Blinken went on Sunday morning talk shows and announced that the US mission in Afghanistan had been “successful.” Unfortunately, there will be plenty of robotic

The scientific method has served us well to date. The entrepreneurial method, informed by the principles of Austrian economics, can take society much further. Dr. Saras Sarasvathy joins the Economics For Business podcast to distill the essence of the value

From the Introduction of Cronyism: Liberty versus Power in Early America, 1607–1849. Available October 2021 at the Mises Bookstore and online retailers. Pre-order your copy today. The present book is an economic and political history of early  America, describing government policies and their