bad money

History Repeats Itself: Abandoning Sound Money Leads to Tyranny and Ruin

Blog2 hours ago

The current bout of inflation is the latest disaster in a string of disasters caused by government debasement of once sound money.

fall campaign

Help Us Reach Our Goal!

Blog4 hours ago

Inflation isn’t simply a stealth tax on the average American. It funds the worst aspects of the current regime. Help us spread the message by making a donation today.

Thanks to Our Fall Campaign Donors

5 hours agoMises Wire

Thanks to all of our generous donors who participated in our 2022 Fall Campaign. Your continued support is vital and much appreciated.

No, Ordinary Russians Are Not Responsible for the Crimes of the Russian Regime

Blog6 hours ago

In wartime, politicians frequently attempt to claim that all the citizens of foreign states are guilty of all the crimes their regimes commit. This is a modern invention, and a barbaric one. 

Cryptocurrency as Money—Store of Value or Medium of Exchange?

Standard neoclassical definitions of money call it a means of exchange and a store of value. But is this correct?

Escaping Russia's Military Draft Is an Act of Self-Defense


Fortunately, the world is composed of many separate states, which enables "disobedient" residents in one state to escape to others, and fleeing conscription is merely an act of self-defense.

Student Loan Forgiveness Treats the Symptom, Not the Disease


President Biden's recent student loan forgiveness initiative only exacerbates the real problem: the cost of a college education, thanks to government intervention, is outrageously high.

Obama's Forgotten Child Hunger Debacle


Barack Obama promised to "end child hunger" by 2015. Michelle Obama promised to end childhood obesity. Unfortunately, both increased in large part because of the Obama programs. Today, President Biden will declare war on "hunger in America." Stay tuned.

Genuine Recovery Is Up to Investors, Producers, and Consumer Choice


Recovery is genuine only when it reaches the masses of individuals. And recovery comes only from the actions of individuals acting in a free market.



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