African economies aren't being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes. Original Article: "A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and Taxes" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Currently the world is on a fiat money standard—a government-issued currency that is not backed by a commodity such as gold. The fiat standard is the primary cause behind the present economic instability, and is tempted to suggest that a gold standard would reduce instability.

When asked to quantify how a 75-point hike is better than a 50-point one, Powell had no answer. And will it work? Powell could only say "we'll know when we get there." Original Article: 'The Fed Is Winging It: A 75 Basis Point Hike "Seemed like the Right Thing"' This

Lord Keynes's main contribution did not lie in the development of new ideas but "in escaping from the old ones," as he himself declared at the end of the Preface to his "General Theory." The Keynesians tell us that his immortal achievement consists in the

In an interview with the Wall Street Journal, Treasury secretary Janet Yellen admitted that the chain of stimulus plans implemented by the US administration helped create the problem of inflation. “Inflation is a matter of demand and supply, and the spending that was undertaken in the American Rescue

The Biden administration, stung by low poll numbers, insists that the president is receiving unfair PR, which is hiding the "truth" about Biden's many accomplishments. Original Article: "For Presidents, Unpopularity Is a Simple PR Problem. Biden Is No Exception" This Audio Mises Wire is generously sponsored by

One of the most controversial areas in Austrian economics, and one where even long-established Austrian theorists differ sharply, is monopoly theory. Indeed, as we shall see below, the differences are not merely semantic, nor are they confined to detail or some minor theoretical implication. Rather,

Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices. Original Article: "Rising Interest Rates Are Revealing the True Damage Done by the Fed" This Audio Mises Wire is

The increased division between people based on political affiliation has been recognized by many and has frequently been attributed to technological developments. Outlets like Facebook and Twitter are blamed for increased hostility, disinformation, and hateful attitudes spreading across the political discourse. But maybe politics has itself

The economy consists of a huge chain of the division of labor that is interlocked to such a limit where there exists hardly any single individual or firm that produces the whole of the product alone. This is famously illustrated in the essay “I, Pencil,”