Niebuhr, My God, to Thee
Lutheran theologian Reinhold Niebuhr attracted numerous followers in postwar America in part because of his attacks on the free market. Perhaps he should have read Mises.
Mises Wire
The Election Won’t Change Much in DC. The Real Battle Is Now in the States.
It will be nearly impossible to make any real changes in Washington for the next two years. The real battles are now in the states.
American Chip “Independence”: Protectionism by Another Name
While both the Left and Right celebrate the government's new drive to subsidize American microchip manufacturing, we should remember that political "investments" always result in crony capitalist disasters.
Real Wages Fell for the Nineteenth Month in a Row in October as Inflation Remained Entrenched
Price inflation is slightly slowing, but it is slowing as a result of a struggling economy. The White House may soon find it is celebrating much too soon.
Do “Technology Shocks” Create the Boom-Bust Cycles?
The 2004 Nobel Prize in economics was awarded to two economists for their claim that "technology shocks" cause boom-bust cycles. They have it wrong.
The End of World Dollar Hegemony: Turning the USA into Weimar Germany
Americans think hyperinflation can't happen here. Yet government spending and money creation are out of control, and it will not take much to trigger massive price hikes.
The Science Is Wrong: It’s Soil, Not Oil
If the so-called experts really want to reduce CO2 emissions, they should look at improving farming methods and forestry, not ridding us of fossil fuels.
Jeff Bezos, Charity, and Economic Well-Being: Wealth Creation Reduces Poverty
Amazon has done more to eradicate poverty than a hundred charities ever could.
Declining Prices Do Not Destroy Wealth; They Enable Its Creation
Falling prices ultimately lead to an increase in savings and to the creation of new wealth.
“Antidemocratic” Just Means “Something the Regime Doesn’t Like.”
Marxist regimes used to slap the word "antirevolutionary" on everything the regimes disliked. Today's regimes use the words "undemocratic" and "antidemocratic" in the same way.
