11+ hour, 41+ min ago  (364+ words) Your dollar has lost 96-97 percent of its purchasing power since 1913. This is not bad luck or mysterious market forces. It is the result of deliberate policy choices that steadily, quietly drained your wealth'and convinced you it was being done for…...

18+ hour, 43+ min ago  (1394+ words) People readily line up on one side or another of great economic debates. How do they choose which side to take? This is clearly a question worth asking. I have asked it of myself, and it has led me to…...

9+ hour, 32+ min ago  (127+ words) The New York Times claims that the "administrative state"that is, governance by unelected bureaucratsprotects our country and enhances democracy. Original article: https: //mises. org/mises-wire/turns-out-elites-administrative-state-better-democracy Turns Out the Elites Like the Administrative State Better than Democracy The New…...

15+ hour, 40+ min ago  (759+ words) Housing costs in New York City have reached a level that many people can no longer afford. The response has been to push for more control'limits on rent increases and expanded tenant protections. The intention is clear. However, housing markets…...

1+ day, 13+ hour ago  (166+ words) This war is not just making energy more expensive, it's knocking out the higher order goods the global structure of production depends on. This has already locked in dangerous shortages in critical industries like healthcare, food production, and much more....

1+ day, 12+ hour ago  (101+ words) The US finds itself once again in an undeclared overseas war. Republicans in Congress, however, are unwilling to hold Trump to the Constitution. Original article: https: //mises. org/mises-wire/donald-trump-another-bismarck Is Donald Trump Another Bismarck? The US finds itself once…...

1+ day, 15+ hour ago  (491+ words) Now, the legislation faces additional opposition because it turns out the law "requires men aged up to 45 to get permission from the armed forces before any significant stay abroad, even in peacetime." In other words, the law restricts the emigration…...

1+ day, 6+ hour ago  (136+ words) Chilean President Kast said Chile had been "violated by illegal immigration, drug trafficking and organized crime." The tradition of Alchian, Demsetz, and colleagues has continuing relevance for strategy scholars. The old saw that when one has a hammer, everything else…...

1+ day, 4+ hour ago  (133+ words) The old saw that when one has a hammer, everything else is a nail certainly applies to a new book by Oliver Bullough on so-called money laundering. Joakim Book sets the readers straight. Original article: https: //mises. org/mises-wire/money-laundering-and-oliver-bulloughs-new-pearl-clutching-book…...

1+ day, 7+ hour ago  (274+ words) Dick Rumelt describes a 1979 faculty retreat where he was presenting on the future of strategy, and Alchian raised his hand and said, simply, "Do you have any propositions?" Rumelt was flustered, and went home angry'then worked out the core propositions…...