Mises Wire

58. The Rise and Fall of the American Medical School


46 min agoAudio/Video
Dr. Milton Packer traces the history of the American medical school from its humble beginnings to its present day turmoils.
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On Being an Economist

EducationPhilosophy and Methodology

Blog2 hours ago

The economist’s lot is to study a field in which, almost more than any other, human folly displays itself. 

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Want to Help American Indians? Grant Them Federal Land, Sovereignty, and Nationhood

4 hours agoPower & Market

Our own Jeff Deist offered up an ambitious progressive plan via Twitter.

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The Euro Shows That a Fiat Money System Is More Expensive than We Thought

Blog5 hours ago

A traditional argument for unbacked fiat money was based on the idea it was a less-costly to produce fiat money than gold or silver. This cost savings could then enrich society overall. But recent data suggests this isn't true.

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The Statist (and Senseless) Agenda of Kamala Harris

6 hours agoPower & Market

Kamala Harris wants to buy votes, and she has decided that it is okay to hurt the economy in hopes of achieving her political ambitions.

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Venezuela's Economic Collapse Was Enabled by its Central Bank

Money and BanksWorld History

Blog11 hours ago

The Venezuelan central bank helped the regime destroy the middle class's wealth for many years.

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Capitalism Doesn't Cause Consumerism — Governments Do

Global EconomyMoney and Banks


It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile,  relies on both saving and spending.

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