Mises Institute

John Williamson, who passed away five years ago, is known for creating what was called the “Washington Consensus,” which was an attempt to bring a liberal economic order to poor countries looking to transition from socialism to capitalism.

Original article: https://mises.org/mises-wire/memory-creator-washington-consensus

As the Marxians do not admit that differences of opinion can be settled by discussion and persuasion or decided by majority vote, no solution is open but civil war.

Original article: https://mises.org/mises-daily/marxism-vs-majority

Late last year, German lawmakers passed new legislation paving the way for military conscription.

Original article: https://mises.org/power-market/germany-restricts-emigration-prevent-young-men-escaping-military-draft

People readily line up on one side or another of great economic debates. How do they choose which side to take?

Original article: https://mises.org/power-market/why-i-side-ludwig-von-mises

President Trump’s current war with Iran not only is creating economic havoc around the world, but it is also bleeding US taxpayers. There are no good outcomes here.

Original article: https://mises.org/mises-wire/state-wars-bleed-nation-death

Mark Thornton unpacks a counterintuitive correlation: as the Persian Gulf conflict escalates, oil spikes while gold and silver slide. He explains how higher oil feeds the CPI, locks central banks out of rate cuts, and pressures precious metals through the dollar and petrodollar system, distinguishing the real monetary inflation gold tracks from the statistical indexes driving Fed decisions. Stick around for a wide-ranging Commodity Culture interview with Jesse Day on the festering world war and the path back to hard money. Plus, an update on the 2026 stocks-vs-MOO prediction contest (fertilizer is running away with it).

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Parental obligations can’t be reduced to a contractual or property-based relationship. Jake Desyllas joins Ryan McMaken to talk about why parents are responsible for the well-being of their children.

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On this episode of Power and Market, Ryan, Connor, and Tho look at the updates on the Iran war front, including whether or not a ceasefire will last and recent reporting on Israel’s influence on Trump’s war decision. Plus, discussion about a recent Tucker Carlson Show guest and his view that Christianity is inherently socialist.

In studying history, it is key to avoid definitional anachronism—failing to note how a word has changed over time and assuming the present meaning was the same in the past. This is often the case with the word "currency" as used in colonial America.

Original article: https://mises.org/mises-wire/note-currency-colonial-america

From the Mises Institute Supporters Summit, "Imperialism: Enemy of Freedom," 27-28 October 2006, in Auburn, Alabama.