Mises Institute

As Ryan McMaken recently pointed out, the original constitutional republic created in 1787 no longer exists. Joseph Solis-Mullen asked if the US is now in its Sixth Republic.

The velocity of money doesn’t have a life of its own. It is not an independent entity and, hence, it can’t cause anything. Contrary to popular thinking, money does not circulate. Money always belongs to somebody.

Greenspan served as an especially important cog in this machine by increasing the Fed's prerogatives within the global economy.

Mises Editor-in-Chief Ryan McMaken explains how the new Fed chairman faces a political problem with rising prices and the fact the Fed keeps fueling the inflation fire.

Kevin Warsh may talk tough, but Mark Thornton argues the Fed’s real mandate hasn’t changed: finance Washington, protect Wall Street, and let inflation grind down everyone else.

The intellectual path from Ancient Greece to modernity is littered with the path of numerous philosophers, movements, and events, both peaceful and violent that have shaped thinking throughout the ages.

As technology advances, progressives believe that this time, all of their social engineering and attempts to establish socialism will finally come to fruition. They are in for a rude surprise.

The question is not plan or no plan. Everyone plans. The question is whose plan—and what happens to yours when it conflicts with the planner's. Mises traces the path from Marx to Comte to the social engineers, and shows why the destination is always the same.

In this week’s Friday Philosophy, Dr. David Gordon reviews John C. Calhoun’s A Disquisition on Government, published in 1850. Like Murray Rothbard before him, Dr. Gordon finds plenty to like in this book.