After the 2008 housing bust, the government supposedly set up a fail-safe mortgage program aimed at preventing future bubbles. It failed. Original Article: "The Fed's Latest Housing Bubble" This Audio Mises Wire is generously sponsored by Christopher Condon.
1. The German Rejection of Classical Economics The hostility that the teachings of Classical economic theory encountered on the European continent was primarily caused by political prepossessions. Political economy as developed by several generations of English thinkers, brilliantly expounded by Hume and Adam Smith and perfected
The annual meeting of the World Economic Forum (WEF) in Davos is perhaps the world’s most unpopular conference, and the WEF’s founder and chairman, Klaus Schwab, one of the world’s most despised figures. Often compared to “Dr. Evil,” the character Mike Meyers played in the
A strange strand of thought has emerged in European political economy circles that has been given the name of The Entrepreneurial State. The headline claim is that the state (i.e., nation state governments) can and should intervene in the economy to bring about innovation, and
Recorded at Maggiano’s Little Italy in Orlando, Florida, on May 14, 2022. Slides used in this talk are available here. Special thanks to Greg and Julann Roe for sponsoring this event.
There are two competing visions for the Right. Original Article: "The New Postliberalism" This Audio Mises Wire is generously sponsored by Christopher Condon.
Anticapitalist intellectuals have infused mainstream discourse with the idea that racial discrimination is baked into the DNA of capitalism. Usually, evidence of racial disparities in professional quarters is cited to buttress the narrative that capitalism is penalizing minority groups. Though it has become commonplace to
The Uvalde police have helped demonstrate, yet again, what has long been clear: when you’re facing a maniac with a gun, don’t count on the government’s uniformed bureaucrats with badges to help you. As we learned this week, not even a child begging for help
During the 1930s, the Rockefellers pushed hard for war against Japan, which they saw as competing with them vigorously for oil and rubber resources in Southeast Asia and as endangering the Rockefellers' cherished dreams of a mass "China market" for petroleum products. On the other