Private versus Government Health Insurance: They Are Not the Same
Insurance is a market institution—i.e., it emerged through voluntary exchange aiming at satisfying the needs of the parties involved. Private health insurance should not be mistaken for public health insurance, which constitutes an element of a state’s social policy. They
Can the Dollar Once Again Be Anchored by Gold? One Congressman Believes It Can
The Gold Standard Restoration Act seeks to once again tie the US dollar to gold. Original Article: "Can the Dollar Once Again Be Anchored by Gold? One Congressman Believes It Can" This Audio Mises Wire is generously sponsored by Christopher Condon. '
Murray Rothbard versus the Progressives
There has been a radical change in the social and political landscape in this country, and any person who desires the victory of liberty and the defeat of Leviathan must adjust his strategy accordingly. New times require a rethinking of
Misunderstanding Mises, Again
In a recent blog post on the Marginal Revolution blog, Ludwig von Mises is categorized as an underrated thinker. That’s undoubtedly true, especially when considering his many groundbreaking contributions to economics. Mises was also one of the first to be
Profits Do Not Cause Inflation (No Matter What Progressives Claim)
Progressives like Robert Reich now claim that there is no inflation, just businesses arbitrarily raising prices so they can increase profits. Such claims do not pass the test of economic logic. Original Article: "Profits Do Not Cause Inflation (No Matter What Progressives
Clausewitz, the UN Charter, and a Libertarian View on War
The ongoing war in Ukraine has forced many Westerners to consider the realism of Carl von Clausewitz’s classic On War. The Prussian military theorist famously wrote that: “War is nothing but a continuation of politics with the admixture of other
Hermann Morris: The Nail Hub as the Adaptive Entrepreneurial Method in Practice
Breakthrough theory becomes effective practice when it is successful applied by real-life entrepreneurs. The E4B entrepreneurial method is actualized by Hermann and Elizabeth Morris in the very distinctive business model for their brand, The Nail Hub. Knowledge Capsule The true purpose of
The Dollar’s Global Wake of Destruction
Even with near-record inflation, the US dollar still has gained strength relative to other currencies. This does not mean that the Fed has been acting responsibly. Original Article: "The Dollar's Global Wake of Destruction" This Audio Mises Wire is generously sponsored by Christopher Condon.
Kish Me Once, Kish Me Twice
Kish, since you are wondering, is an Iranian island in the Persian Gulf famed for its tourist and shopping attractions. It is becoming a serious rival to other nearby vacation hubs in Doha and Dubai. Along with pristine beaches and extensive
Rothbard on Gold
What would people use for money in a genuine free market? A lot of people answer the question in this way. We really don’t know the answer for sure. It would be up to the people who live in that