The Simplicity and Significance of Mutual Economic Exchange
The simplest action of economics—beneficially mutual voluntary exchange—is also its most profound. People serve each other while improving their own lot in life.
The simplest action of economics—beneficially mutual voluntary exchange—is also its most profound. People serve each other while improving their own lot in life.
Murray Rothbard wrote that egalitarianism was a war against nature. Statism has become a war against reality.
The potential for denationalized money is real and important. But progress still must be made before cryptocurrencies can become true substitutes for fiat currencies.
The activists went from "We want to be left alone to live our lives" to "we want to control your lives too." Now the movement has state power on its side and bullies all opponents.
The recent actions of the Federal Reserve are reminiscent of central bank activities in wartime.
Some are claiming that AI can make socialism workable, but even AI cannot take the place of entrepreneurial economic calculation.
Mises U students interview Karl-Friedrich Israel and Tate Fegley.
Even under chattel slavery, inequality was still pervasive. Carpenters, sugar boilers, blacksmiths, cabinetmakers, and rum distillers constituted an elite core of slaves.
Federal prosecutors and other law enforcement agents are turning blockchain firms into government subsidiaries. The real goal is to criminalize what really are lawful, private exchanges.
Mises U students share what it's like being at the Mises Institute.