Europeans are already facing previously unthinkable dilemmas As the citizens of the Eurozone and the UK are increasingly struggling to make ends meet due to record levels of inflation, and as the winter draws closer, [more…]
Like the Covid pandemic, the war between Ukraine and Russia was not foreseeable. However, despite conventional thinking, the current cost-of-living crisis has causal strands other than the war and the pandemic. These strands lie chiefly [more…]
In a few days the British Conservative Party will select a new prime minister from within its ranks. The new PM will have a short-lived opportunity to select new ministers. But more importantly, due to [more…]
On the 22nd May 1978 at the tender age of 27, me and ‘er indoors flew to Kuwait so I could go and work. It was a bit of an adventure, I had no idea [more…]
The World War II project to build an atomic bomb is seen by many as a template for government action to solve what appear to be national economic problems beyond the scope of private enterprise. [more…]
A recent essay on Mises Wire triggered quite a bit of discussion among a group of Austrian school economists. Paul H. Kupiec and Alex J. Pollock’s Who Owns Federal Reserve Losses and How Will They [more…]
A paradox is an apparent absurdity or contradiction that, on close investigation, is found to be true. What’s happening in government right now is hardly paradoxical – it certainly appears to be both absurd and [more…]
After months of consumer price increases and after countless working households found themselves in dire financial straits struggling to make ends meet, in the late May, President Biden finally revealed his grand plan to fight [more…]
Some of you may remember my earlier Postcard from Vilnius Postcard From Vilnius much to my surprise that article is now 2 years old. I reference it only because it still contains much current information [more…]
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