Mises Media

Why did North and South go to war with each other in 1861? The standard narrative is that slavery caused the war while more thoughtful people realize that the causes are much more complex than the simple "slavery existed" narrative.

Original article: https://mises.org/mises-wire/understanding-causes-lincolns-war

While it is tempting to see the economic success of Singapore and Hong Kong as similar, there really are stark differences between them. Hong Kong has developed through laissiez-faire and entrepreneurship while Singapore is much more state directed.

Original article: https://mises.org/mises-wire/economic-success-singapore-and-hong-kong

After promising to end the Ukraine war immediately, and to stay out of Middle East wars, President Trump has instead doubled down on intervening in both conflicts.

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This week, Bob returns to the topic of how the United States could practically abolish the Federal Reserve and transition to a stable monetary system backed by gold. He clarifies common misconceptions about the consequences of ending the Fed, provides historical context for America’s monetary systems, and lays out a realistic path forward for monetary reform.

• Bob's Mises Article, "Putting the Country Back on Gold": Mises.org/HAP509a
• Understanding Money Mechanics: Mises.org/HAP509b

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

On this episode of Power and Market, the group looks at the continued attacks on Powell, how the media wants to blame everything on tariffs, and why Federal employees don't deserve nice things.

For more information and to subscribe, visit https://Mises.org/P&MPod

Socialists despise individual liberty because they believe that allowing humans to make free choices supposedly leads to selfish and anti-social behavior. However, by denying individual choice, socialists are denying human action itself.

Original article: https://mises.org/mises-wire/axiom-action-and-inescapability-liberty

Jesús Huerta de Soto has published a series of lectures on Austrian Economics, and Dr. David Gordon in Friday Philosophy reviews his Lectures in Austrian Economics, Volume 1. Dr. Gordon is especially interested in how de Soto deals with time.

Original article: https://mises.org/friday-philosophy/invasion-spatializers

This article is dedicated to some of the quotes, especially from key participants and primary sources, about inflation and its consequences during the American Revolution. As usual, war led to inflation, which in turn facilitated war, and both contributed to centralization.

Original article: https://mises.org/mises-wire/their-own-words-revolutionary-voices-inflation

Mises University begins Sunday, July 20, and given that misinformation abounds about the economy, it is good to have a forum where students can learn economic truths and stretch their minds.

Original article: https://mises.org/mises-wire/why-mises-university-matters

Despite assurances from Amtrak's administrators that profitability is just around the corner, Amtrak remains a huge money loser. However, even given the long distances of some of the routes, Amtrak could still be profitable if its leadership is willing to make changes.

Original article: https://mises.org/mises-wire/subsidies-amtrak-and-siemens-pathway-cronyism-few