Tag Archives: newsletter

While traveling recently, I was stuck in a terrible bout of traffic. Unbeknownst to me, West Virginia University’s fall graduation just ended, and I was caught in the middle of the seemingly endless stream of parents, relatives, and friends who were leaving the ceremony. To deal with this problem, the City of Morgantown closed down lanes and reserved them for exclusive use by graduation attendees. Though the city may have done a fine job handling traffic, this raises...

[This article is chapter 6 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities. Now available at Amazon and in the Mises Store.] During the early 1990s, as the world of the old Soviet Bloc was rapidly falling apart, the economist and historian Murray Rothbard saw it all for what it was: a trend of mass decentralization and secession unfolding before the world’s eyes. The old Warsaw Pact states of Poland, Hungary, and others won...

The year 2024 is poised to be a critical period for the global economy and it already appears to be fraught with economic and geopolitical challenges, casting a dark shadow over the global landscape. Signs of a looming economic downturn are becoming increasingly evident and the many challenges we faced over the past year will certainly remain with us for many months to come. Economic and monetary landscape  Central bankers in most advanced economies...

YOUR GIFT WILL HELP US DO MORE IN 2024. With your gift of $25 or more, you will receive a copy of Joe Salerno's The Progressive Road to Socialism. Recurring donors of $10 who give $100 will also receive a copy of The Progressive Road to Socialism and renew their Membership through 2024. DONATE TODAY! [embedded content] Tags:...

In this episode, Mark looks back at 2023 as a great year for the goals and prospects of the Mises Institute moving forward, but a very bad year for the State. Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Murray Rothbard's Anatomy of the State at Mises.org/IssuesFree. [embedded content]...

The only thing that can be said with high confidence about the year ahead is that it will be different from 2023. Three broad forces will shape the business and investment climate in the year ahead.First, the post-Covid tightening cycle in the high-income countries, leaving aside Japan, has ended. The question is when and how fast rate cuts will be delivered. Moderating price pressures and weaker growth impulses have seen the pendulum of market sentiment swing...

YOUR GIFT WILL HELP US DO MORE IN 2024. With your gift of $25 or more, you will receive a copy of Joe Salerno's The Progressive Road to Socialism. Recurring donors of $10 who give $100 will also receive a copy of The Progressive Road to Socialism and renew their Membership through 2024. Donate today! [embedded content] Tags:...

Against the backdrop of high inflation rates and geopolitical uncertainty, states are increasingly enacting measures that encourage saving in precious metals and even using gold and silver as money. With five bills signed into law in 2023, sound money reforms are gaining momentum across the United States. Money Metals Exchange’s Sound Money Defense League project has emerged as an influential force, actively engaging in legislative battles by prompting intense...

[Chapter 1 of Rothbard's newly edited and released Conceived in Liberty, vol. 5: The New Republic: 1784–1791.] After peace came in 1783, the new republic faced a two-fold economic adjustment: to peacetime from the artificial production and trade patterns during the war, and to a far different trading picture than had existed before the war. The largest change between the two eras of peace was the shift in trading patterns resulting from independence. Most...

Although the Federal Reserve and the European Central Bank’s message regarding interest rate cuts seems clear, reiterating their commitment to reducing inflation, the market is expecting between five and six interest rate cuts, between 125 and 150 basis points, in the next twelve months. This shows us the bubble bias of many investors. We live in a world where two generations of market participants have only seen rate cuts and massive liquidity injections. Central...