Business
Working in Kuwait
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…]
Economics
Economics
Germany Can Save Itself, and Possibly the World, by Abandoning Four Failed Policies
Following is a plea to Germany–The war is over and has been for three-quarters of a century. It’s time to stop prostrating yourself for the supposed “good” of Europe. It’s time to take complete control [more…]
Economics
Parity hysterics: What it means and what it doesn’t, Part One
There’s been a flurry of articles, news stories and headlines lately over the developments in the FOREX market, specifically over the moves of the EUR/USD currency pair. As headwinds on all levels, economic, geopolitical and [more…]
20th Century
The Fallacy of Calls for "A Manhattan Project" to Solve National Economic Challenges
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…]
America
A Declaration of Independence in Thought and Expression and Action
When in the course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with their government, and to assume among the powers of the earth, the [more…]
America
Economics
Private property rights under siege – Part II
An astonishing acceleration Even though the downhill trajectory we saw over the last decades in terms of property rights was bad enough, nothing could have ever prepared us for what the covid crisis would bring. [more…]
Economics
Private property rights under siege – Part I
It wouldn’t be an exaggeration to argue that private property rights, as understood by classic liberal thinkers, by those who embrace Austrian economic theory and by all member of an enlightened society, are not only [more…]
Business
The Fed Cannot Go Bankrupt, and That is a Big Problem
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…]