Earlier this month, House Armed Services Committee chairman Adam Smith (D-WA) said it’s time to “cut our losses” on the F-35 Joint Strike Fighter, and added, “I want to stop throwing money…
The death of Ludwig von Mises has brought forth numerous essays on his contribution to economics. It is equally in order to discuss his work in the historical sciences, as…
If you were to browse the economics section of the majority of bookstores here in my home city, Dublin, you would find something of an odd phenomenon: these businesses which…
Hardly anyone talks of the table of virtues and vices anymore — which includes the Seven Deadly Sins — but in reviewing them, we find that they nicely sum up…
[This article is part of the Understanding Money Mechanics series, by Robert P. Murphy. The series will be published as a book in 2021.] In chapter 10 we explained the connection between…
Raghuram Rajan has written a surprising book. Now teaching finance at the University of Chicago, he is an international bureaucrat in good standing, and not a minor one at that;…
James Grant is editor of Grant’s Interest Rate Observer, which he founded in 1983. He is the author of nine books, including Money of the Mind, The Trouble with Prosperity,…
[This article is excerpted from chapter one of The Rise and Fall of Society.] It may be that wary beasts of the forest come around to accepting the hunter’s trap…
In this era of monetary fiction, one tends to read all types of undocumented and misguided views on monetary policy. However, if there is one that really is infuriating is…
[This is Joseph Salerno’s preface to the new Chinese version of Money: Sound and Unsound published by the Shangai People’s Publishing House.] In the Introduction to this book, first published in…