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Wall Street has convinced itself that the Fed will soon engineer a "soft landing" by bringing down inflation without an accompanying recession. They need to rethink their beliefs. Original Article: "History Shows High Inflation Can Last Over Ten Years" This Audio Mises

Commentators worry that the United States might lose its dominance in innovation to Asian countries like China and Singapore. Many policymakers are intimidated by the R&D budgets of Asian countries and by their superior performance on international academic assessments. However, these

University of Chicago professor Martha C. Nussbaum wants to save the world by preventing animals from eating each other in the wild. David Gordon (after pulling himself off the floor) comments on her proposal. Original Article: "You've Got to Be Kidding:

We know that "bring the troops home" is too much for America's foreign policy establishment. But if they can't handle that, a good first step would be to at least "bring the troops home" to the western hemisphere and the

After the 2008 financial crisis, calls rang out across establishment publications and the executive offices of Wall Street that we were witnessing the death of globalization. The calls grew louder and more numerous after Brexit, the election of Donald Trump,

As crime rates rise and government policing fails, more and more people are turning to private security, which is more effective in preventing crime than government police. Original Article: "Private Security: An Effective Method to Prevent Being a Crime Victim" This Audio

[From the Austrian Economics Newsletter, Spring 1987] The Austrian School of economics did not develop out of thin air. It built upon the work of a number of other economists and philosophers going back as far as Aristotle. Among the precursors

While “private policing” is in many people’s minds a feature of dystopian science fiction or the fantasies of libertarian economists, the reality is that private security is far more common than most think. Indeed, as Georgetown professor John Hasnas points

While some politicians preach populism, that usually means protectionism and increased business regulation, along with high marginal income tax rates. Grover Cleveland showed a better way. Original Article: "Grover Cleveland Presented the Best Example of a True Liberal Populist" This Audio Mises

The famous quote, “Insanity is doing the same thing over and over again and expecting different results,” is usually attributed to Albert Einstein. While intended as a parable for quantum insanity, such a quote could equally be a parable for