Why America’s Oligarchs Are Moving Left
Wokeness may now be a public relations strategy—a method of appealing to the moral sensibilities of the upper-middle-class woke American consumer. Original Article: "Why America's Oligarchs Are Moving Left" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael
Money Supply Growth Dropped in May to a 15-Month Low
Money supply growth slowed again in May, falling for the third month in a row, and to a 15-month low. That is, money supply growth in the US has come down from its unprecedented levels, and if the current trend
From Livestock to Bitcoin: “Legitimacy” and the Evolution of Money
Once a society embraces the division of labor, direct exchange becomes increasingly infeasible. Without money, specialization is constrained; without money, dreams of constructing an advanced society are merely a utopian pipe dream. At its core, money is the lubricant for
With Home Prices Soaring, Shoppers Fear Buying at the Top of a Bubble
The concerns about a bubble implies those shopping for a new home are wondering if they are walking into a trap. Home prices have soared and no one wants to buy at the top. Original Article: "With Home Prices Soaring, Shoppers
How a Marxist of Twenty-Five Years Became a Misesian Libertarian
In the fall of 2016, I was a left communist. As I will show below, I came to this position after a circuitous tour through numerous sects of Marxism. A year later, I had thoroughly renounced Marxism and embraced the
Why Africa’s Geography Is a Barrier to Growth
Browsing through history, we can identify several examples of states overcoming the hurdles of geography to achieve great feats. Though the plague of an inhospitable geography is not an insurmountable obstacle to development, it remains crucial to understanding disparities in
Steven Phelan on Innovation In Contracting
Entrepreneurs seek to provide markets with new value through innovation wherever they can identify an opportunity. Their vision is broad enough to include free market institutions such as contracting, where they identify new and better ways to expand the mutuality
Biden’s Economic Team Predicts Long-Term Slow Growth
What is noteworthy about the depressing title to this article is its source. In a case of uncommon candor, President Biden’s economic team has announced that once the artificially high, stimulus-juiced GDP (gross domestic product) measurements of the next two years subside,
The Not So Wild, Wild West
The growth of government during this century has attracted the attention of many scholars interested in explaining that growth and in proposing ways to limit it. As a result of this attention, the public-choice literature has experienced an upsurge in
Interview with Tho Bishop: Economic Populism and the Role of the Mises Institute
The following is the first part from an interview between William Yarwood (WY), digital media officer for The Mallard, and Tho Bishop (TB), assistant editor at the Mises Institute. The article has been edited for clarity, originally published at MallardUK.com. WY: