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Introduction The problem of government deficit spending and the resulting public debt is a challenge to most modern economies. A few states, such as Germany, with a reputation for fiscal austerity, operated with budget surpluses and declining debt, but that was

Entrepreneurship is the best pathway for all people out of unsatisfactory economic circumstances. Mauricio Miller, who arrived in the US as a poor immigrant from Mexico, and who also experienced living in some of America’s worst neighborhoods, spent over 20 years

At the end of January, the yearly growth rate of our measure of US money supply (AMS) closed at 76.7 percent, against 4.8 percent in January 2020. It is tempting to suggest that this massive increase in the growth rate

Social activists now regard the minimum wage as another welfare program that can reduce the costs of programs like Medicaid and food stamps, and can reduce inequality. But the minimum wage is very poorly targeted for these purposes. Original Article: "The

Mainstream economists claim China needs more consumption and a bigger welfare state. They think China's high savings rate is a bad thing. These economists are wrong.  Original Article: "China Needs More Economic Freedom—Not a Bigger Welfare State" This Audio Mises Wire is

India's farmers have been demonstrating in response to the government's decision to liberalize the agricultural sector. Though economists note that these measures will boost the incomes of farmers, it is unsurprising that the protests have received immense support. Unlike corporate

[Chapter 3 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] Every depression generates a clamor among many groups for special privileges at the expense of the rest of society—and the American depression that struck

The threat of “nuclear proliferation” remains one of the great catch-all reasons—the other being “humanitarian” intervention—given for why the US regime and its allies ought to be given unlimited power to invade foreign states and impose sanctions at any given

Secession is a four-letter word for the millions of Americans who have gone through the conventional educational pipeline that teaches them that the American state is indivisible and sacrosanct. However, intellectually honest historians whose minds haven’t been warped by educational institutions know