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[Chapter 5 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] A severe depression, bank contraction, a heavy burden of taxes to pay state debts, all this turned men’s thoughts to issuing paper money to finance government. Historians

The historian Quinn Slobodian presents us in his article “Perfect Capitalism, Imperfect Humans: Race, Migration, and the Limits of Ludwig von Mises’s Globalism,” Contemporary European History (2018), with a surprising interpretation of Ludwig von Mises. According to Slobodian, Mises was

The fact that gold can be used for, say, industrial purposes does not mean it has "real value" while more intangible goods and services have none. Original Article: "Value Is Subjective: Neither Gold Nor Crypto Have 'Real Value'" This Audio Mises Wire

If Europe wants to build wealth for its poorest members, it needs private entrepreneurship. But entrepreneurs need exactly the opposite of the Keynesian plan for building a European superstate.  Original Article: "Why Europe's Left Wants a European Financial Superstate" This Audio Mises

Rothbard recognized that money and exchange could not develop without first establishing private property. So Rothbard also recognized that it was important to develop theories of how private property might come about.  Original Article: "To Understand Economics, First Understand Private Property" This Audio

At 4:42 a.m. on this day a year ago [Friday, March 12], a Montgomery County SWAT team arrived outside of the bedroom where 21-year-old Duncan Lemp slept next to his pregnant girlfriend in his parents’ house in Potomac, Maryland. While

[This article originally appeared in the Austrian Economics Newsletter, Summer 1991, pp. 1–6. You read can also read it in PDF.] Today regulation is generally recognized as a mechanism by which special interests lobby the government to create barriers to entry

On February 25, the House of Representatives passed the Equality Act, a bill that is touted as a step forward for civil rights in the United States. If enacted, the bill would add sexual orientation and gender identity to the

Since the deep freeze in February caused millions of Texas homes to lose their power, partisans have been fighting over the blame. The governor blamed wind turbines and the green agenda, whereas Paul Krugman said the fault was with natural

Normally the boosters of renewable energy point with pride to Texas, yet when wind collapsed during the deep freeze, suddenly even its biggest fans admit that nobody ever thought it could do the same job as natural gas. Original Article: "Wind