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

In the shadows of society, where legality meets defiance, lies a realm inhabited by those often deemed outlaws: smugglers. To some, they are criminals, evaders of the law; to others, they are the unsung heroes of the market, navigating the murky waters of prohibition and regulation to fulfill the demands of consumers and preserve individual freedoms. In this exploration, we unveil the clandestine world of smuggling and illuminate its role as a beacon of resistance against oppressive state control.