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The warning lights on the dashboard of your car suddenly light up. You naturally take it to a mechanic to diagnose and repair. Cars are complex. You don’t have the time or accumulated expertise to figure out what is happening

My previous article demonstrated how the free market solves a boom-bust crisis and is the only solution, its effectiveness depending upon the magnitude of the crisis and, more importantly, how much the government intervenes in response. The bigger the problem created

Jeff and Bob discuss whether the FTX scandal will be used to justify new "crypto" regulations or even the creation of a central bank digital currency. Caitlin Long and Sam Bankman-Fried debating leveraging Bitcoin: Mises.org/HAP370A Mises on circulation credit vs. commodity credit: Mises.org/HAP370B President

The collapse of the crypto exchange FTX may prove to be a canary in the coal mine of the easy-money fueled crypto bubbles. FTX's collapse has exposed just how little due diligence is actually taking place among investors who are

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

All too often, people equate their nationality with a particular state. Yet, as Mises noted, nationality does not depend at all upon a formal entity tied to a government. Original Article: "Nationality and Statelessness: The Kuwaiti Bidoon" This Audio Mises Wire is generously

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