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James Grant is editor of Grant’s Interest Rate Observer, which he founded in 1983. He is the author of nine books, including Money of the Mind, The Trouble with Prosperity, John Adams: Party of One, The Forgotten Depression, and more

Prudent economic calculation becomes more difficult as legal and regulatory regimes are subject to frequent changes and political upheaval.  Original Article: "Want More Entrepreneurship? Embrace Long-Term Legal Stability." This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.  

The latest impeachment saga simply confirms Thomas Paine’s adage: “The trade of governing has always been monopolized by the most ignorant and the most rascally individuals of mankind.” Score another victory for the Swamp. Original Article: "The Biggest Lies of the

These days, it sure looks like they have them right where they want them. Using the storming of the Capitol Building as a pretext, the media-government alliance has targeted Trump, his supporters, and their fellow travelers harder than ever before.

Review of Walter Scheidel, Escape from Rome: The Failure of Empire and the Road to Prosperity (Princeton, NJ: Princeton University Press, 2019) The Roman Empire is often presented as the fabric of Western civilization. The languages, laws, religion, mores, and implements

Dominion Voting Systems is suing MyPillow CEO Mike Lindell for $1.3 billion. This comes in the wake of other Dominion lawsuits against Trump advisors Rudy Giuliani and Sidney Powell. All are accused of lying about Dominion’s supposed complicity in using

During the 1990s there was a legal and philosophical idea, championed by Milton Friedman among others, that a corporation exists to serve the interests of the shareholders, being that they are the rightful owners of the corporation. Progressive thought leaders

As Mark Thornton has shown, the big legislative change that FDR made at the start of his presidency, the decision that affected every single American citizen from one coast to the other, was the repeal of the thirteen-year hell of

Amid the controversy over GameStop, many cynics argued that something sinister was clearly afoot because the hedge funds had shorted 138 percent of the outstanding shares. In this article I’ll review that particular claim, as well as another seemingly dubious practice,

As we approach the one-year anniversary of fifteen days to flatten the curve, we have yet to acquire any data suggesting that the past year of life-destroying lockdowns and politicized behavioral mandates has done anything to keep us safe from