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Members of the establishment are trying to seize on Trump’s recent frustrations with Putin to act like they’ve been right all along that the Russian president cannot be reasoned with. In truth, the difficult situation Trump finds himself in is almost entirely their fault.
Read the article here: https://mises.org/mises-wire/why-ending-war-ukraine-so-difficult-now
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 https://mises.org/gabfreebook
Be sure to follow the Guns and Butter podcast at Mises.org/GB
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.
Original article: Wealth Generation and the Market Economy
Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral.
Original article: Inflation: Looking Beyond Aggregates
Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we always should question those political decisions that can turn our lives upside down.
Original article: Don’t Be A Panican, But Question Government Shenanigans
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where they were worked to death.
Original article: Enslavement of Native Americans in the Caribbean
The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their currencies. However, with the US dollar being the world's reserve currency, the US has engaged in dollar manipulation through inflation.
Original article: https://mises.org/mises-wire/mmt-and-us-history-redefining-chartalism
William Nordhaus coined the term “political business cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day.
Original article: The Political Business Cycle 50 Years Later
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to believe. The truth is that the case for defunding Amtrak has never been stronger.
Original article: Why Elon Musk Is Right: The Case Against Subsidizing Amtrak
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where they were worked to death.
Original article: Truth or Consequences
We know what happened on November 22, 1963, at Dealey Plaza in Dallas, but there is a lot about that terrible day we don't know. But we also know that President Kennedy challenged the National Security State. Did it cost him his life?
Original article: https://mises.org/mises-wire/jfk-and-burden-proof
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