The Problem with “Velocity of Money”
Contrary to popular thinking, the velocity of money is not a key factor in understanding price inflation.
Mises Wire
Richard Cantillon, the Most Important Economist You’ve Never Heard Of
Our inflationary financial system benefits the wealthy at the expense of the poor.
Ignoring the Bureaucracy Isn’t the Same as Dismantling It
The Trump administration has done little to undercut the federal government's huge bureaucracy.
Soviet Dissidents and the Weaponization of Psychiatry
Sadly, the practice of branding political opponents as “insane” is not confined to the now-defunct Soviet state.
Gun-Free Zones at School: George H.W. Bush’s Questionable Gun Control Legacy
Bush’s policies have not made the world safer for democracy, nor the U.S. safer domestically.
Renew Your Membership and Receive a Copy of “Social Democracy”
This year, we’re giving away booklets of Hoppe’s essay “Social Democracy” to all our supporters who give $25 or more.
Did Baby Boomers Ruin America?
In his book A Generation of Sociopaths, Bruce Gibney blames Baby Boomers for pretty much everything that's gone wrong in America. But there are other factors, such as democracy, that are perhaps more to blame.
What Is Economic Growth? (And What Is It Not?)
Many seem to mistakenly think that economic growth has to do with GDP or producing stuff. It does not.
Italy: A Brewing Storm Within the EU
The political and economic powder keg that is Italy is a greater threat to the EU than Brexit ever was.
Elon Musks’s Taxpayer-Funded Gravy Train
The government should put its cozy relationship with Musk on a long, if not permanent, hiatus.
