Mises Wire

Huge Debt Got Us Hooked on Petrodollars — and on Saudi Arabia

Blog01/14/2020

Petrodollars and petrodollar recycling are at the heart of what keeps the US debt and money-printing mechanism going. The geopolitical stakes are very high.

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How Do We Calculate Value?

Calculation and KnowledgeValue and Exchange

01/14/2020Articles of Interest
Judgments of value do not measure: they arrange, they grade. If he relies only on subjective valuation, even isolated man cannot arrive at an economic decision based on more or less exact computations in cases where the solution is not immediately evident. To aid his calculations he must assume...
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How the US Wages War to Prop up the Dollar

01/08/2020Power & Market

After decades of Cold War spending, the US had to find a way to keep its massive war budgets and domestic spending going without ruining the dollar. Controlling the flow of dollars spent on oil turned out to be a fix.

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How to Write and Understand History

Philosophy and Methodology

Blog12/28/2019

Economic history is possible only because there is an economic theory capable of throwing light upon economic actions. If there were no economic theory, reports concerning economic facts would be nothing more than a collection of unconnected data open to any arbitrary interpretation.

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How the Soviets Replaced Christmas with a Socialist Winter Holiday

12/10/2019Power & Market

Father Frost (the Soviet Santa Claus) asks: "To whom do we owe all the good things in our socialist society?,” to which, it is said, the children chorus the reply, "Stalin."

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How California's Government Plans to Make Wildfires Even Worse

The EnvironmentU.S. History

Blog12/07/2019

The State of California is now forcing insurance companies to cover homeowners who put their houses in some of the most fire-prone areas. What could go wrong?

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How to Avoid Civil War: Decentralization, Nullification, Secession

Decentralization and Secession

Blog12/04/2019

So long as we insist the federal government can force one law, one culture, and one sort of politics on all of America, the US is headed down the road of civil war. Only decentralization and separation can partly defuse the situation.

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How Not To Be a CIA Propagandist

Big GovernmentMedia and CultureStrategyThe Police StateWar and Foreign Policy

11/27/2019Audio/Video
Daniel McAdams speaks at the 2019 Ron Paul Symposium in Lake Jackson, Texas.
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