2021-06-14

Update June 14 2021: SNB intervening. Sight Deposits have risen by +0.2 bn CHF, this means that the SNB is intervening and buying Euros and Dollars.

2021-04-24

Congress and the president have adopted many critically important policies in great haste during brief periods of perceived national emergency. During the first “hundred days” of the Franklin D. Roosevelt administration in the spring of 1933, for example, the government abandoned the gold standard, enacted a system of wide-ranging controls, taxes, and subsidies in agriculture, and set in motion a plan to cartelize the nation’s manufacturing industries.

2021-04-03

Traditionally, Austrian theorists have focused with particular interest on the recurrent cycles of boom and recession that affect our economies and on studying the relationship between these cycles and certain characteristic modifications to the structure of capital-goods stages.

2021-02-26

Prudent economic calculation becomes more difficult as legal and regulatory regimes are subject to frequent changes and political upheaval. 

Original Article: "Want More Entrepreneurship? Embrace Long-Term Legal Stability."
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

2021-02-16

The Left long ago figured out how to get ordinary people interested in economic policy. The strategy is two pronged. The first part is to frame the problem as a moral problem. The second part is to make the fight over economic policy into a fight over something much bigger than economics: it’s a fight between views of what it means to be a good person. The Left knows how to make the war over economics into a war over culture.

2021-01-24

Paraphrasing the late Murray Rothbard, the "two party" system in America during the twentieth century worked something like this: Democrats engineered the Great Leaps Forward, and Republicans consolidated the gains. Wilson, Roosevelt, and Johnson were the transformative presidents;

2021-01-14

Once a State has been established, the problem of the ruling group or “caste” is how to maintain their rule.1 While force is their modus operandi, their basic and long-run problem is ideological. For in order to continue in office, any government (not simply a “democratic” government) must have the support of the majority of its subjects.

2021-01-08

Mobilization and separation, not persuasion, is the way forward.