The Japanese Boom and Bust
By Mark Thornton During the 1980s Japan was feared as an economic and technological powerhouse. Most observers attributed their stock market bubble and high…
Patricians vs. Plebeians: The Realignment
All of this should remind us that the history of liberalism (in its traditional sense meaning freedom) is a history of revolt against elites….
Inflation: The Reality of Modern Economic Life
Like the need for separation of church and state, we need the separation of the central bank and state if freedom is to be…
Will the Fed Pop the Everything Bubble?
The history of economic development cannot be understood without the importance of recession periods. Recessions are often the result of the excess accumulated in…
ZeroHedge: something will break, but this time it won’t be China
By Eric Peters, CIO of One River Asset Management from ZeroHedge: https://www.zerohedge.com/markets/hedge-fund-cio-something-will-break-time-it-wont-be-china “Market fears of rapid Fed tightening are occurring at a time when…
Intellectual Property, Fire, and Other Dangerous Things
Whenever you are talking about IP to a group of libertarians, classical liberals, Austrians, and objectivists, you are always playing with fire. By Henrique…
The Economy May Be Finally Peaking, and the Fed Won’t Help Matters
Here we go again it may seem to many. The Fed is preparing us for a policy tightening just when a powerful growth cycle…
Friedrich von Hayek’s Nobel Prize Banquet speech
Friedrich August von Hayek’s speech at the Nobel Banquet, December 10, 1974 Your Majesty, Your Royal Highnesses, Ladies and Gentlemen, Now that the Nobel…
OPEC Can’t Make High Oil Prices Go Away
High oil prices are a symptom of economic and monetary imbalances, not just a consequence of Organization of the Petroleum Exporting Countries (OPEC) decisions. Throughout…
Will the Next “Skyscraper Curse” Be Found in the Digital World?
The vast majority of Mises Wire readers are already familiar with the Austrian business cycle theory. For those who are not, it is an Austrian perspective…