Economies Cannot Produce Wealth without Patience and Long-Term Horizons
People decrying poverty in developing countries usually overlook the fact that there is a dearth of long-term economic thinking.
Mises Wire
Despite Our Own Inflation, the Dollar Dominance Takes Down the Yen and Euro
Even though the Fed has been inflating the US dollar with impunity, neither the yen nor the euro can challenge the USD.
Exponential Growth or State-Powered Stagnation: What Will Be Our Future?
There is a future of capitalism with higher living standards for all. Then there is the alternative: state-directed economic stagnation and runaway inflation.
Like Its Irresponsible Northern Neighbor, Mexico Is Also Suffering from Inflation
Just like the USA, Mexico is being hit with high inflation. This should surprise no one, given the Mexican government's recent economic policies.
After Secession, What Happens to the National Debt?
National divorce does happen, and debts are not necessarily repudiated as a result. We can look to examples from Latin America, Eastern Europe, and the Czech-Slovak split.
Austrian Economics and the Capital Asset Pricing Model: A Reconcilation?
Academic finance makes a lot of use of the capital asset pricing model (CAPM), but is it compatible with Austrian economics? Indeed, Austrians do have something to say, thanks to Mises and Rothbard and Austrian capital theory.
A Robinson Crusoe-Based Sociology of Law
How can people deal with conflicts in a peaceful and mutually agreeable way? Mises, Hoppe, and Robinson Crusoe himself point the way.
RIP Ronald Sider: The Man Who Was Ground Zero for Modern Politicized Evangelical Christianity
While politicized evangelical Christianity is usually associated with the political right, it began as a hard-left movement that tried to equate the Christian faith with socialism. Ronald Sider, who recently passed away, was the one who was responsible for the politicization.
Private Institutions Are Not the Enemy of Libertarianism
All too often, libertarians have equated liberty with atomistic behavior while treating private institutions with scorn. This just in: private institutions are cohesive, not destructive.
A Political Victory for the Joes Is a Loss for the Country
Sen. Joe Manchin has agreed to support a "Build Back Better" lite that proponents claim will reduce inflation, give us better weather, and "pay for itself" through price controls and taxes. Perhaps we should be wary of such political "victories" for the political elites.
