Mises Search

The US government’s decision to apply more sanctions on Russia is a grave mistake and will only escalate an already tense situation, ultimately harming the US economy itself. While the effect of sanctions on the dollar may not be appreciated in the short term, in the long run these sanctions are just another step toward the dollar’s eventual

The Free Market 6, no. 10 (October 1988)   International statists have long dreamed of a world currency and a world central bank. Now it looks as if their dream may come true. European governments have targeted 1992 for abolishing individual European currencies and replacing them with the European Currency Unit, the ECU. Next they plan to set up a

Even though it ultimately failed at the ballot box, the recent campaign for Scottish independence should cheer supporters of the numerous secession movements springing up around the globe. In the weeks leading up to the referendum, it appeared that the people of Scotland were poised to vote to secede from the United Kingdom. Defeating the

This week, supporters of religious freedom cheered the Supreme Court’s ruling in the Hobby Lobby case. The Court was correct to protect business owners from being forced to violate their religious beliefs by paying for contraceptives. However, the decision was very limited in scope and application. The Court’s decision only applies to certain

The political class breathed a sigh of relief Saturday when the US Senate averted a government shutdown by passing the $1.1 trillion omnibus spending bill. This year’s omnibus resembles omnibuses of Christmas past in that it was drafted in secret, was full of special interest deals and disguised spending increases, and was voted on before most

Select politicians, government officials, economic elites, and experts arriving at the annual World Economic Forum meeting in Davos, Switzerland were greeted with an open letter signed by more than 250 billionaires and millionaires. The signers request their respective governments raise their taxes. The letter signers are concerned about

“It is our true policy to steer clear of entangling alliances with any portion of the foreign world.” – George Washington I have written before about the critical need for Congress to reassert its authority over foreign policy, and for the American people to recognize that the Constitution makes no distinction between domestic and foreign matters.

Introduction The Political Climate for Reform The Mises Proposal The First Step: Gold Coinage The Transition to a Gold Standard Longer-Term Benefits of Bullion-Weight Coinage Agenda for Monetary Reform Notes [This paper was originally delivered at the Mises Institute’s 1985 conference on the gold standard. It later appeared as the final chapter in

[This article is excerpted from Part I of Pillars of Prosperity . An MP3 version of this article, read by Dr. Floy Lilley, is available for free download .] These selections lay out my views of the proper role of government, namely that it should serve only to protect the life and property of its citizens. I respect the Constitution not because of

Introduction The Economy Potential for War Social Discord Conclusion [This article is excerpted from Part I of Pillars of Prosperity . An MP3 version of this article, read by Dr. Floy Lilley, is available for free download .] Congressional Record — US House of Representatives February 7, 2001 The beginning of the 21st century lends itself to a