Mises Wire

Walter Block and William Barnett on Problems With the Hayekian Triangle

Capital and Interest Theory

10/10/2019Audio/Video
Block and Barnett on whether the Hayekian triangle—the popular device used to illustrate how artificially low interest rates lead to an unsustainable boom—can be salvaged or should be abandoned altogether.
Read More

The Conservative Attack on Market Freedom

Blog10/10/2019

Many conservatives seem to believe that America has been taken over by hard-core libertarians, with the result being a dystopian plutocracy. The answer, they tell us, lies in high taxes and more government power.  They're wrong about both the diagnosis and the cure.

Read More

Wilhelm Roepke, RIP

BiographiesHistory of the Austrian School of Economics

Blog10/10/2019

In the midst of moral and intellectual decay, Roepke was an inflexible harbinger of the return to reason, honesty and sound political practice.

Read More

The Hidden Costs of a Universal Basic Income

Labor and Wages

Blog10/10/2019

Supporters of the universal basic income claim it ends dependence on markets, bosses, family, and bureaucrats. But it doesn't eliminate dependence. It only transfers dependence to the central state.

Read More

Paleolithic People Were Not Primitive Communists

SocialismProduction Theory

Blog10/10/2019

Assuming that some groups of foragers indeed practiced "primitive communism," they would have died out because they had lost the fierce competition with the more economically viable "libertarian" tribes. Communism has never appeared spontaneously and "naturally" in the history of mankind.

Read More

The End of Socialism and the Calculation Debate Revisited

SocialismStrategyCalculation and KnowledgeInterventionism

10/09/2019Review of Austrian Economics, Volumes 1-10
The Soviet Union in 1991 was dissolved. Murray Rothbard explains what led to the economic collapse.
Formats

rae5_2_3_2.pdf

PDF icon PDF (1.63 MB)
Read More

Powell Lied: Quantitative Easing Is Back

The need to inject more than 270 billion US dollars into the short-term money market teaches us that liquidity is much lower than the Federal Reserve estimated and the agents’ debt much greater.

10/09/2019Power & Market
Read More

The Return of Hyperinflation in Zimbabwe

Money and BanksInterventionismPrivate Property

Blog10/09/2019

As Zimbabwe's economy worsens, its government now insists residents start using easily-inflated local currency again. This is sowing the seed of another devastating episode of hyperinflation.

Read More
Shield icon power-market-v2