Mises Media

According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, however, point out that in much of US history, economic growth was accompanied by deflation.

Original article: https://mises.org/mises-wire/inflation-and-economic-growth

Advocates for US military intervention have invoked the war against the Barbary pirates as justification. Yet, an examination of that conflict shows that President Jefferson’s actions were limited and followed the direction of Congress.

Original article: https://mises.org/mises-wire/jeffersons-war-barbary-pirates-unjustified-password-military-intervention

On this episode of Power and Market, Ryan, Tho, and Connor look at the news this week, including the escalation of threats to turn federal troops onto blue states, criminal charges for former FBI Director James Comey, and yet another government shutdown.

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Was Jackson’s victory over the Second Bank of the United States a triumph for liberty, or did it merely expand federal authority under the guise of constraining it? His legacy is complicated, but there is much we can learn from it.

Original article: https://mises.org/mises-wire/complicated-legacy-andrew-jacksons-bank-war

The Renaissance period is seen as mostly positive by historians, but the sinister development of absolutism and the imperial state complicates the legacy of that time.

Original article: https://mises.org/mises-wire/absolutism-and-reason-state-rothbard-growth-statism

Although the political establishment claims the Comey indictment represents an unprecedented moment in our history, the truth is much different. Federal prosecutors have a long history of bringing unjustified, politically-motivated prosecutions.

Original article: https://mises.org/mises-wire/james-comey-not-innocent-victim-lawfare-he-helped-create

The media is trying to frame last week’s indictment of James Comey as a “norm-shattering” use of executive power for personal gain. In truth, it's just the latest chapter in a much older story: the struggle between elected and unelected officials.

Read the article here: https://mises.org/mises-wire/trump-comey-and-long-history-unelected-government

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By trying to protect dairy farmers and raise their incomes, the government created a massive cheese surplus, then gave it away, thus harming the farmers they were trying to support.

Original article: https://mises.org/mises-wire/wheels-government-cheese

Professor Georgy Ganev joins Bob to explain that, contrary to the claims of David Graeber and the MMTers, the barter origin of money has not been refuted. The anthropological evidence is consistent with the Mengerian story, and Mises' regression theorem remains the only coherent explanation for money's value. 

• Professor Ganev's Paper, "Has the barter theory of the origins of money been rejected?": Mises.org/HAP519a

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Created to assure that newly-freed slaves would receive equal legal protection, the Fourteenth Amendment has come to dominate federal jurisprudence. This is not a good thing.

Original article: https://mises.org/mises-wire/how-fourteenth-amendment-empowers-judicial-activism