Mises Wire

Rothbard: With Interest Rates, "There Are Two, Opposite Causal Chains at Work."

Blog10/21/2021

The relative strength and reaction times of changes in rates depend on the subjective expectations of the public. These changes—like economic changes in general—cannot be forecast with certainty. 

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Review: Economy, Society, and History

Book Reviews

Blog09/08/2021

In 2004, Hans Hoppe delivered a series of lectures at the Mises Institute about his theory of social evolution, and we are fortunate to have this volume, based on a transcript of those lectures, now available. 

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Rebutting Paul Krugman on the "Austrian" Pandemic

Monetary PolicyOther Schools of Thought

Blog09/07/2021

Paul Krugman’s “logical problem” with ABCT derives entirely from his superficial understanding of the theory.

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Remember When Conservatives "Canceled" Anyone against the War on Terror? I Do.

Blog09/06/2021

Life in American changed twenty years ago after the 9/11 attacks. Many Americans became enraged at anyone who did not swear allegiance to Bush’s antiterrorism crusade. 

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Review: Chaining Down Leviathan: The American Dream of Self-Government, 1776–1865

Blog08/31/2021

Bassani's book reveals that the drive for decentralized government was far from being a reactionary, postratification political strategy. It was the very cornerstone of the American political system.

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Review: Stalin’s War: A New History of World War II

Book Reviews

Blog08/26/2021

Stalin’s War is a magnificent book and everyone interested in the causes and consequences of World War II—and what reasonable person could not be?—should read it.

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Revitalizing a Town Takes a Lot More than Fixing Up a Few Buildings for a TV Show

Media and CultureCalculation and Knowledge

Blog08/07/2021

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.

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Recession and Recovery: W.H. Hutt’s View

Booms and Busts

Blog07/29/2021

What happens during a depression? Should we expect it to end, or can an economy remain stuck at the bottom?

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