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The current Washington tiff between Donald Trump and Jerome Powell is being reframed as Powell heroically defending the Fed’s “independence.” In truth, the Fed has always done the administration’s dirty work and pursued inflation when it might temporarily boost the economy.

Original article: https://mises.org/mises-wire/powell-should-be-great-american-villain-dc-will-make-him-hero

"America, above all countries, was born in an explicitly libertarian revolution, a revolution against empire; against taxation, trade monopoly, and regulation; and against militarism and executive power."

Original article: https://mises.org/mises-wire/american-revolution-and-classical-liberalism

The standard explanation for the Constitutional Convention was that the Articles of Confederation were a failure. However, the Articles actually worked the way they were supposed to work. Unfortunately, the advocates of a strong central government ultimately got their way.

Original article: https://mises.org/mises-wire/did-articles-confederation-fail-probably-not

On the latest episode of Minor Issues, Mark Thornton revisits the history—and present risk—of hyperinflation. Mark explains the threshold that defines hyperinflation, why measuring prices under chaos is hard (yet still revealing), and how the social damage mirrors war: savings vaporize, capital is destroyed, and civic trust collapses. He closes with practical takeaways: why gold and silver often move first as “fire alarms” and why studying past episodes builds the psychological and analytical readiness to face low-probability, high-impact events.

"The Road to Hyperinflation" (Minor Issues, Episode 136): https://mises.org/MI_136

"The Gold-Silver Ratio" (Minor Issues, Episode 119): https://mises.org/MI_119

"On Hyperinflation: New Evidence from Zambia, the Central African Franc Zone, and Belarus" by Steve H. Hanke and Nicole Saade (World Economics Journal, December 2025): https://mises.org/MI_157_A

"Hyperinflation and the Destruction of Human Personality" by Joseph T. Salerno (lecture): https://mises.org/MI_157_B 

"Hyperinflation and The Destruction of Human Personality" by Joseph T. Salerno (Studia Humana, 2013): https://mises.org/MI_157_C

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Vivek Ramaswamy promotes a fictional version of American history in which a handful of people created America and that culture and religion are canceled out by an ideological "creed." In truth, the American nation and the American state are two different things. 

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Anti-impact environmentalists want you dead; they will settle, in the short term, for you to feel guilty for existing, producing and consuming, and willing to comply with any degree of central planning and freedom curtailment to “save the planet” from you.

Original article: https://mises.org/mises-wire/environmentalism-anti-humanism

On this episode of Power & Market, the panel kicks off 2026 with a conversation about the arrest of Maduro. What's next for Venezuela? What's DC's next target? Does America really need a 1.5 trillion dollar defense budget? We look at these questions and more.

With American intervention in Venezuela, some are claiming that the Trump administration is simply invoking the Monroe Doctrine, or its corollary, the “Donroe” Doctrine. In reality, neither doctrine is an appropriate reason for US military intervention in Latin America.

Original article: https://mises.org/mises-wire/why-monroe-doctrine-cannot-be-reestablished

Whatever advances Great Britain made during the Margaret Thatcher years have long been reversed as the UK finds itself in decline of its economy and social fabric. Big government, once again, is the culprit.

Original article: https://mises.org/mises-wire/uk-economic-and-social-freefall

In his inaugural speech, New York Mayor Zohran Mamdani declared an end to “rugged individualism” and the embrace of “the warmth of collectivism.” New Yorkers are about to find out that collectivism will not produce what they need to have better lives.

Original article: https://mises.org/mises-wire/warmth-collectivism-beginning-mamdani-era