Hoppe’s The Great Fiction, Expanded Second Edition—Now Available
The second edition of The Great Fiction will be welcomed by all readers interested in the theoretical foundations of a free society.
Mises Wire
Why Is Economic Journalism So Bad?
The financial press gives us the what, when we need the how and why. Economic journalism needs a reset.
With Victoria Nuland Nomination, Biden Signals a Return to Bush-Obama-Era Foreign Policy
Nuland was an advisor to ultrainterventionist Dick Cheney and would continue the costly expansionist policies of the Bush and Obama years.
China’s Monetary Tradition and the Origins of Money
China was one of the first countries to develop a metallic money that was valued and exchanged by weight. Evidence suggests that this monetary regime originated during the Shang Dynasty (1766–1122 BC).
In Search of Utopia
Hegel and Marx took a philosophy from some fringe Christian groups and turned it into a global utopian movement that has been disastrous.
MMT Is Fake Economics
Monetary sovereignty is not something the government decides. It all depends on the public's demand for a currency. That demand comes and goes, and once it's gone, a currency is irreparably damaged.
Moral Courage and the Austrian School
To be an economist with integrity means having to say things that people don't want to hear and especially to say things that the regime does not want to hear.
How the Fed’s Inflation Is Driving Stock Buybacks
An explosion in the money supply has driven many corporate managers to turn to stock buybacks as a safe alternative to holding on to depreciating cash. This means many companies are decapitalizing.
The New New Deal Has Already Arrived. Thank the Covid Panic.
The new covid relief bill signals that whatever restraint on public spending existed before 2020 is now all but gone. And the bill represents the beginning of a new era: an era that can be likened to that of the New Deal.
Commercial Real Estate: Too Much Debt, Not Enough Assets
It’s possible the pandemic will fizzle, someone will snap their fingers, and everything will revert to the precovid economy. But indications are that commercial real estate will take lumps, some that will be fatal.
