The governmental response to the covid pandemic was to cripple the economy. To compensate for the damage, the Federal Reserve unleashed massive inflation in an attempt to do what the Fed always does in a crisis: bail out the economic actors.

Silver: London Calling

10/21/2025 Power & Market Douglas French

Financial news is a constant drumbeat of AI this and AI that. But during the week of October 10 the price of gold grabbed headlines pushing above $4,000 and silver’s week was eventful as well....

It Didn’t Start with Trump

10/21/2025 Power & Market Ron Paul

“What do you expect when you sue the president?” Hearing that comment, some people may guess the comment was made by someone addressing one of President Trump’s political opponents who has been...

Murray Rothbard on Communism and Cuba

10/21/2025 Mises Wire Birsen Filip

While Murray Rothbard opposed the communist system, he also recognized that Cuba was no threat to the US militarily or economically. That is why he believed the US must recognize Cuba's government and permit trade and travel between the two countries.

What Will the Next Gold Bust Look Like?

10/21/2025 Mises Wire Brendan Brown

There have been four gold busts under the fiat dollar money regimes since the “freeing” of the gold price in March 1968. Will the current gold boom end in a similar bust?

Meet the Writer

E.C. Pasour Jr.

E.C. Pasour, Jr., is Professor Emeritus of Agricultural and Resource Economics at North Carolina State University.

Land-Use Planning: Implications of the Economic Calculation Debate

07/30/2014 Journal of Libertarian Studies E.C. Pasour Jr.

The recent widely cited National Agricultural Lands Study (NALS) adds to the growing number of individuals and organizations holding the view that land resources are too important to be left to the...

Cost and Choice: Austrian vs Conventional views

07/30/2014 Journal of Libertarian Studies E.C. Pasour Jr.

The primary purpose of this paper is to contrast Austrian and conventional concepts of cost. Cost in the logic-of-choice context of conventional neoclassical economic theory is contrasted with...

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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