Mises Wire

The Week in Review: August 20, 2016

printing money

Monday marked the 45th anniversary of Richard Nixon’s closing of the gold window. As Paul-Martin Foss noted, the result since has been dramatic inflation as central bankers loss the last remaining shackles imposed by the Bretton-Woods gold-exchange standard. It was this action that helped usher in the modern age of economic hedonism, as central bankers have become enablers to debt-addicted government. Of course, the same politicians who fundraise from “low info voters“ using the boogeyman of income inequality are often the biggest cheerleaders for the inflation that helps drive it. As long as policy decisions are driven by politicians who desire a “third way,” instead of understanding the unique insights of Ludwig von Mises and the Austrian school, we’ll continue to see disastrous policy.

Or as Ron Paul put it, no matter who wins in November, Americans will lose.

On Mises Weekends, Jeff discussed libertarian strategy with Adam Camac and Daniel Laguros of the Wake Up Call podcast. How can libertarians achieve a freer society, given the depressing state of politics, in both America and abroad? Jeff shares his thoughts on Liberland, the Free State Project, and how modern technology has become “the great leveler” in the battle of ideas.

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And in case you missed any of them, here are the articles featured this week on the Mises Wire:

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