Mises Institute

The province of Somaliland declared separation from the nation of Somalia in 1991 as the republic of Somaliland. It was first recognized as a sovereign nation

The Trump administration’s downsizing USAID has brought the usual claims: that without US aid, millions of poor people around the world will die of starvation and disease. Not surprisingly, the claims are exaggerated.

Mark Thornton argues we’re on the on-ramp to hyperinflation, and that the “gold didn’t spike on war” story misses the real driver: Fed policy, oil-driven CPI optics, and the coming scramble for liquidity.

The Mises Institute is pleased to announce the addition of nine new Associated Scholars. (The full list can be found here.) Associated scholars are researchers

A third of all dollars in existence were created since 2020. The money supply just hit a 44-month growth high. The Fed calls this "restrictive." Ryan McMaken calls it something else.

There are fuel protests in Ireland, which are not surprising given the havoc Trump’s Iran war has caused in oil markets. They also should be protesting against the government policies that make the situation worse.

Here’s an existential fear regarding AI: companies in the economy will invest in AI to such an extent that the result will be massive layoffs of highly-skilled, high-wage technical employees and a severe reduction in demand for routine, repetitive jobs.

Despite support from some economists in the free market camp, fractional reserve free banking is doomed for failure, as Murray Rothbard pointed out.

"There are those who still think they are holding the pass against a revolution that may be coming up the road. But they are gazing in the wrong direction. The revolution is behind them. It went by in the Night of Depression, singing songs to freedom."