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The assumption that free market reforms have failed to resurrect the economies of developing countries has become orthodoxy in some circles. Critics contend that market approaches are incompatible with the realities in developing countries. Yet despite the assault on market

In our time, political speech and writing are largely the defence of the indefensible.—George Orwell, “Politics and the English Language,” 1946 Language is at the core of everything we perceive, know, think, and express. We use words as a tool, to

Not Thinking like a Liberalby Raymond Geuss, Harvard, 2022xiv + 197 pp. Raymond Geuss, an American philosopher now retired from Cambridge, has in his many books emphasized narrative and the genealogy of concepts, and Not Thinking like a Liberal is, fittingly,

In presenting her economic plan, Liz Truss failed spectacularly on one thing: cutting spending. Otherwise, a "tax cut" is not a tax cut at all. Original Article: "The Rise and Fall of Trussonomics" This Audio Mises Wire is generously sponsored by Christopher Condon. '

It can be argued that the world has reached the sorry state it’s in today largely because academics, politicians, “distinguished experts,” and “recognized authorities” did not have the humility to admit their own mistakes or to at least recognize the

The tech sector in the US has benefitted from more than a decade of ultra-low interest rates and easy money. But now it looks like the easy-money era may be ending—at least for now—and that means problems for the sector

Firebrands like Marjorie Taylor Greene and Matt Gaetz demand a GOP-controlled Congress hold DC villains accountable. If the GOP refuses to treat Anthony Fauci like the Democrats have treated Steve Bannon, the party remains controlled opposition. Original Article: "For the Midterms to Matter,

The Federal Reserve is on pace to lose somewhere in the neighborhood of $100 billion over the next year to eighteen months, as the yield on its portfolio of Treasurys and mortgage-backed securities is now being surpassed by the interest

Marxist regimes used to slap the word "anti-revolutionary" on everything the regimes disliked. Today's regimes use the words "undemocratic" and "anti-democratic" in the same way.  Original Article: ""Antidemocratic" Just Means "Something the Regime Doesn't Like."" This Audio Mises Wire is generously sponsored by

On Wednesday, November 2, 2022, the Fed raised the target for the policy rate by 0.75 percent, to 4.00 percent, for the fourth time in a row. Fed chairman Jerome Powell hinted that the policy rate target is likely to