The Crime of ‘71: When Nixon Ended the Dollar’s Last Connection to Gold
Nixon's decision to end the gold redeemability of the greenback was probably the most comprehensive act of monetary expropriation of modern times.
Nixon's decision to end the gold redeemability of the greenback was probably the most comprehensive act of monetary expropriation of modern times.
All the propaganda that whitewashes the Cuban dictatorship is based on two lies: the nonexistent “blockade” and the allegedly excellent “public health.”
Many people want the state to take the lead in revitalizing run-down towns. How does this make sense, when it is private industry that conceived these towns in the first place?
Republicans put a free market happy face on the latest environmentalist policy prescriptions in DC, but that does not change the fact that centrally planned climate policy is terrible economics.
Western intellectuals are trying to tear down symbols of traditional colonialism. Yet the West still continues a form a colonialism in Africa: eco-imperialism.
If every new virus or variation warrants shutdowns or new vaccines, we will face an unending dystopian hellscape of state intervention in our medical decisions.
It wasn’t "fascism" or "Russia" that normalized lockdowns, mandates, and massive whirlwind profits to politically connected cronies in the West—it was the alleged defenders of "liberal democracy."
In a developed economy, the satisfaction of desires can be obtained not only by goods in use, but also by goods in exchange.
We should be extremely concerned about the short and diminishing impact of monster stimulus plans.
Creating a functioning and sustainable local economy is much more time consuming and complicated than sprucing up a few buildings to look good on a TV show.
All Quiet on the Western Front is a novel every passionate antiwar advocate needs to read time and again.
Every time something good seemed to emerge from Tinbergen’s work, he seems to have managed to twist it in an awful direction.
While it’s easy to fixate on the handful of success stories, the litany of government innovation failures should be enough to sober up even the most enthusiastic proponent of state-backed entrepreneurship.
Faced with countless demographic, economic, and strategic problems, China is more likely to collapse than take over the world.
Bob reviews the "Unbreakable" movie trilogy, arguing that M. Night Shyamalan knows we need to awaken the superheroes among us. They might not even know who they are—yet.
The capital gains tax cuts off start-ups and smaller entrepreneurs from access to flows of capital. The tax makes society more wasteful, less innovative, and less dynamic.
In this lecture from 2021's Mises University, Lucas Engelhardt summarizes the basics of Modern Monetary Theory (MMT), its consequences, and the strange ideology behind it. Presented at Mises University 2021.
Macron says vaccines are not compulsory for the general public for now, but they are essentially required for anyone who wants to live a normal life.
For the libertarian, the way forward is not joining in left-right political boxing matches, but secession. The success of libertarianism is independence from the state’s influence.
Canada's "private" long-term care homes are anything but private. But the fact a small sliver of the marketplace is allowed to charge fees for services means activists want even more socialized medicine.