The Demise of the Gold Standard
This is the fiftieth anniversary of the demise of the gold standard and the beginning of the current fiat paper standard. Many will say “good riddance” to gold and “thank goodness” for the “good ole greenback”! Reflection, however, produces an
The Pentagon and the Generals Wanted This Disastrous War
In early July, Ron Paul penned a column titled “It’s Saigon In Afghanistan,” invoking the imagery of the fall of Saigon in 1975, when US military helicopters scrambled to evacuate personnel from the roof of the US embassy. But Paul
Cuba: The Dictatorship and the “Blockade” Lie
All the propaganda that whitewashes the Cuban dictatorship is based on two lies: the nonexistent “blockade” and the allegedly excellent “public health.” Original Article: "Cuba: The Dictatorship and the "Blockade" Lie" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated
Egypt’s Bread Subsidies May Bring Millions to the Brink of Starvation
In Egypt, the recent announcement that bread prices, long subsidized for much of the population, would likely have to rise was met with cries of despair. Indeed, over two-thirds of the population of Egypt depend on inexpensive bread for daily
Why Rothbard Trended on Twitter This Weekend
Jack Dorsey, Vipassanā meditation practitioner and billionaire CEO of Twitter, is known for cultivating an eclectic image as a guru and deep thinker. He is also well-known as a supporter of bitcoin, having a personal stake and speaking at conferences
The End of the Sound Economy
Murray Rothbard made the point to us in his US Economic History class at UNLV that economic downturns used to be called “panics.” But, the government believed that word to be too scary for the general public, so, “depression” began to
Private Investment Is the Answer to Declining Postindustrial Towns
Many people want the state to take the lead in revitalizing run-down towns. How does this make sense, when it is private industry that conceived these towns in the first place? Original Article: "Private Investment Is the Answer to Declining Postindustrial
Eco-imperialism: The West’s New Kind of Colonialism
Western intellectuals are trying to tear down symbols of traditional colonialism. Yet the West still continues a form a colonialism in Africa: eco-imperialism. Original Article: "Eco-imperialism: The West's New Kind of Colonialism" This Audio Mises Wire is generously sponsored by Christopher Condon.
Unmasking the Latest Bipartisan (and Dangerous) Climate Bill
Republicans put a free market happy face on the latest environmentalist policy prescriptions in DC, but that does not change the fact that centrally planned climate policy is terrible economics. Original Article: "Unmasking the Latest Bipartisan (and Dangerous) Climate Bill" This Audio
How Nixon and the Rockefellers Teamed Up to Destroy the Dollar
August 15 marks a special date in American history: it commemorates the fiftieth anniversary of President Richard Nixon’s suspension of Bretton Woods. With this decision, the United States stopped redeeming foreign governments’ and banks’ dollars for gold. Consequently, the world economy