Life after Capitalism: The Meaning of Wealth, the Future of the Economy, and the Time Theory of Money
by George Gilder
Regnery Gateway, 2023; 212 pp.

George Gilder looks at things in an original way, but this is not always a virtue. There is much good sense in Life after Capitalism, but to find it readers will have to wade through a great deal of mumbo jumbo. Let’s start with the good sense.

How Nations Escape Poverty: Vietnam, Poland, and the Origins of Prosperity
by Rainer Zitelmann
Encounter Books, 2024; xiii + 212 pp.

In this interview for The Misesian, we ask economist (and Argentina native) Nicolás Cachanosky about the prospects for a lasting change to Argentina’s highly inflationary and interventionist economy. 

The Misesian: It seems to many that Javier Milei was elected due to widespread dissatisfaction with the state of the economy in Argentina. Is this a correct assessment?

The Link between Economic Calculation and Human Personality

“First of all, don’t target civilians.”

~Murray Rothbard’s first principle of just war in his essay, “Just War”

Inflation Is Destroying Us

One of the most damaging shortcomings of modern statistics-based economics is that it all too often removes the individual human person from its analysis. In this setting, “economics” becomes a matter of “macro” aggregates and data factoids like GDP and CPI. This kind of “economics” removes the individual acting person as the central, key variable.

Tuesday at Power & Market I described a certain type of soft and wobbly Mises Institute “supporter” who believes that the Mises Institute is not allowed to have standards.

Construction lending juggernaut Bank OZK made news when its shares fell 17% after Citigroup analyst Benjamin Gerlinger wrote in a report that cut his rating to “sell.” Bloomberg reported “Bank OZK faces ‘largely idiosyncratic’ exposure to life sciences relative to peer banks,” with a $915 million loan on the Res