Is Taiwan a De Facto Sovereign Nation or a Province of the PRC?

Blog5 hours ago

The “One-China” policy assumes Taiwan to be a runaway province. The people of Taiwan, however, see their country as sovereign, and their reasons have merit.

The "New" South Africa Is Now a Newly-Failed State: Don't Look for Things to Improve

Blog10 hours ago

While South Africa’s political authorities pursue genocide accusations against other countries, those same leaders are destroying the nation’s economy and basic infrastructure. This is a failed state.

The Myth of the Unchanging Value of Gold

02/12/2024Mises Daily Articles

Many economics textbooks claim that a function of money is to measure the value of goods. In fact, the value an individual attaches to a given sum of money or to any kind of good (including gold) is based on a subjective judgment and is without physical dimensions.

Javier Milei Understands the Road to Serfdom

Blog02/12/2024

Javier Milei is trying to undo the damage created by nearly a century of socialism in Argentina. Mises, Rothbard, and Hayek were good teachers.

Bank Crises and the Interventionist Spiral

Blog02/12/2024

As the US banking system becomes increasingly unstable, the calls proliferate for even more government intervention into banking and finance. People forget that it was government intervention in the first place that caused these crises.

New Jobs Report: Full-Time Jobs Disappear as Fewer Americans Find Work

Blog02/10/2024

The jobs report is only something to brag about if one's definition of a strong jobs economy is one in which fewer people have jobs, full-time jobs are disappearing, and government jobs are a growing component of overall job growth.

Fed Wisdom and the Magnificent Seven

02/10/2024Mises Media

In this week's episode, Mark takes a quick look back at Fed wisdom in the year 2000 versus 2024.

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