Mises' work explains how laissez-faire economies have incentives to be peaceful with each other, and how, inversely, tariffs and protectionism create isolation, instability, and war. His words are especially prescient today as conflicts rage and tensions between superpowers continue to rise—mirroring the rise in state
There’s a growing palpable sense of optimism among many economists and journalists that the United States economy is heading toward a growth phase while avoiding recession. They are in turn lauding the Federal Reserve for its strategic handling of inflation—with economic growth and low unemployment
As the Biden administration ramps up new government spending—and budget deficits—to unheard-of peacetime levels, reality sets in. No economy and no currency can withstand this explosive assault for very long. Original Article: The Dollar See-Saws between Two Views on Fiscal Explosion
John Mueller As President Biden and Chinese President Xi Jinping prepare for their meeting next week, some of their briefers may bring up the word “hegemon.” The condition is generally linked with “domination,” or sometimes “mastery” or “supremacy.” Insofar it has been achieved, it has been regional,
David Kemp and Peter Van Doren The nuclear power renaissance experienced another setback this week with the cancellation of one of the United States’ leading nuclear projects. NuScale Power, a nuclear start‐up, announced termination of their Carbon Free Power Project (CFPP), a planned nuclear power plant to be
Walter Olson The secret ballot was won in a hard‐fought reform campaign late in the Nineteenth Century and has been fundamental to American election practice ever since. It helps safeguard individuals’ right to vote their conscience against the threat of retaliation or intimidation, which had been common
Vanessa Brown Calder Commercial‐to‐residential zoning reforms have become a popular focus of regulatory reform legislation in states, with at least nine introducing legislation in 2023 and a handful passing it. In the last year, commercial‐to‐residential conversion, or “adaptive reuse,” reforms have been enacted in Montana, Rhode Island, Oregon,
The Great Money Bubble: Protect Yourself from the Coming Inflation Stormby David A. StockmanHumanix Books, 2022; 229 pp. David Stockman served for a short while as budget director during Ronald Reagan’s first term as president, but he soon resigned owing to Reagan’s refusal to cut government
Recorded at the Mises Circle in Fort Myers, Florida, 4 November 2023. Special thanks to Murray and Florence M. Sabrin for making this event possible. Read Bob's book Understanding Money Mechanics: Mises.org/Mechanics
Eric Gomez Presidents Biden and Xi will have a meeting on the sidelines of the Asia‐Pacific Economic Cooperation (APEC) summit in San Francisco next week. This marks the first time the two leaders are meeting face‐to‐face since the G20 summit in Bali last year. The two leaders