The Federal Reserve’s Assault on Savers Continues
Any economist should have been able to see that having the monetary spigot on full blast to “stimulate” would raise prices down the road. We are now down that road.
Mises Wire
Contract Rights Are Not the Same as Natural Rights
Contracts are voidable and thoroughly changeable. They can be totally ignored with the consent of both parties. But natural rights are not like contracts and can't be abolished even with consent.
Marxism versus Libertarianism: Two Types of Internationalism
Internationalism in the interpretation of libertarian philosophy and Marxist doctrine are two completely different concepts. One is a natural outcome of human cooperation. The other is pure myth.
The Tragedy of the Government’s Ban on Human Organ Sales
New tech shows some light at the end of the tunnel. But for decades, government bans on a market for human organs has condemned millions of people to early deaths and immense pain.
Why Mises Rejected Common Notions of “Progress”
"It is not true that the masses are always right … ‘Belief in the common man’ is no better founded than was belief in the supernatural gifts of kings, priests, and noblemen.”
The Fed’s Inflation Is behind the Supply Chain Mess
The idea that supply chain problems are “driving inflation” gets the causation backward. It’s money supply inflation that’s causing the supply chain problems, not the other way around.
Where Does Social Order Come From? Not the State.
The more an economy is centrally planned, the more chaotic are the relationships within it. The freer people are to make their arrangements in the market, the more coordinated things become.
Venezuelans Turn to Gold Nuggets as the Local Currency Implodes
In one region of Venezuela, gold flakes have become the currency of choice in the region, with prices for commodities and services quoted in grams of gold.
Three Reasons to Start Taking Secession Seriously
All polities come to an end sooner or later. The fanciful America-will-last-forever position is something that should seem plausible only to small children or the hopelessly naïve.
How Science So Often Devolves into Quick Fixes and Quackery
One mistake we make is to assume that the people who shout the loudest about their research must thus be right, or even know what they’re talking about.
