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President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the...
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World News
In The General Theory, J.M. Keynes allegedly “discredited” Say‘s Law. Of course, Keynes actually debunked a straw man that was a caricature of what...
World News
In May 2025, the Mises Institute will hold its next Mises Book Club, a program that promotes deep reading in Austrian economics.
World News
If devaluing the currency was a real measure of competitiveness, Argentina and Venezuela would be the most competitive nations on the planet.
World News
While many people have declared the US Constitution to be “crystal clear” on issues of governance, the truth is that much of what the...
World News
What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is...
World News
With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in...
World News
For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even...
World News
Warren Buffett is well-known for his investment acumen, and he often makes public statements in favor of capitalism. But his loyalty to the fiat...
World News
The Trump administration continues its assault on the First Amendment and the rights of dissenters. The latest casualty is a Turkish graduate student at...
World News
Economists like to claim that expectations of more inflation lead to, well, more inflation. Such beliefs ignore the fact that inflation is an increase...
