How Botswana Became the World’s Fastest-Growing Economy
The risk of government expropriation of private property remained low, and Botswana rejected antiwhite reformist politics which destroyed capital in many other countries in the region. Economic success has been a result. Original Article: "How Botswana Became the World's Fastest-Growing Economy" This
Government “Stimulus” Keeps Having a Diminishing Effect
The United States economy recovered at a 6.5 percent annualized rate in the second quarter of 2021, and gross domestic product (GDP) is now above the prepandemic level. This should be viewed as good news until we put it in the context
Investors Are on the Lookout for a Crash. But Prices Keep Going Up.
With such a messed-up economy, why is it still hard to spot a bust on the horizon? Original Article: "Investors Are on the Lookout for a Crash. But Prices Keep Going Up." This Audio Mises Wire is generously sponsored by Christopher Condon.
Will the Feds Try Price Controls to “Fix” Price Inflation?
We may be told price controls are a temporary necessity, as in 1971 under Nixon. But one thing is certain: price controls will do nothing to resolve the issues underlying the inflation. Original Article: "Will the Feds Try Price Controls to
The Fed Says It Stabilizes the Economy. I’m Skeptical.
The Fed says it "provides the nation with a safe, flexible and stable monetary and financial system." Can we all breathe easier now? Original Article: "The Fed Says It Stabilizes the Economy. I'm Skeptical." This Audio Mises Wire is generously sponsored by
End the Shutdown, Again
Sixteen months ago, in March 2020, we argued for an end to government-imposed shutdowns of businesses, schools, churches, restaurants, and events due to the covid virus: The shutdown of the American economy by government decree should end. The lasting and far-reaching harms
The Role of Intellectuals and Anti-intellectuals
The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else. —Frédéric Bastiat Let me begin with the definition of a state. What must an agent be able to do to qualify as a
Covid Tyranny Destroys the Myth of “Liberal Democracy”
In recent decades, any challenges to the reigning hegemony of American leadership, NATO allies, and a network of neoliberal NGOs, financial institutions, and corporations has often been depicted as threats to "liberal democracy." This charge has been aimed at a variety
Unmasking the Latest Bipartisan (and Dangerous) Climate Bill
It is summer in the United States, which means temperatures are hot and western forests and grasslands are burning—as has been the case as long as people have lived here. In our current age, however, in which there is alleged
How the Federalists Bullied Rhode Island into Joining the United States
Doughty, courageous little Rhode Island was the last state left. It is generally assumed that—even by the most staunchly Antifederalist historians—Rhode Island could not conceivably have gone it alone as a separate nation. But such views are the consequence of