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Author: Walter Kirn About five years ago, I bought an old juicer for seven dollars at a thrift store. It was one of those little, old-fashioned kitchen gadgets that looked like they were made to withstand a blast or a hammer blow. As soon as I turned the motor on with the metal knob, the drive shaft spun a heavy ceramic head made of …

Author: Yaroslav Romanchuk Group and class interests are tearing apart the foundations of the institutions of freedom and the market. Women, sexual minorities, racial, religious, environmental, ethnic and all sorts of different groups are demanding their rightful place not only in the system of governance, but also in the management of business and international public organizations. The tyranny of …

Excerpt from the book "The Machiavellians: Defenders of Freedom" by James Burnham part 4 - chapter 3 (Burnham, “The Machiavellians, defenders of freedom” pp. 189-202; Published June 1st 1988 by Gateway Editions (first published January 1st 1943). Translation: Stefan Radev Editor's Foreword: James Burnham's "The Machiavellians" is the most important book on politics, …

Author: Yaroslav Romanchuk, original publication from 14.04.2020 The global coronavirus epidemic has significantly accelerated the crisis trends of the modern world. The monetary and fiscal policy measures proposed by international organizations (IMF, World Bank, OECD, UN) and G7 governments after emerging from the global recession of 2008-2009 had a short-term positive effect …

Author: Yaroslav Romanchuk, original publication from 14.04.2020 The world economy is once again threatened by an unprecedented global recession, unemployment of 1.3 billion people in the world, a debt crisis, budget holes, defaults and other scourges of the multi-layered systemic crisis. “A crisis like no other” – said IMF President Kristalina Georgieva …

Author: Matthew Tanous, disinthrallment.com By now, everyone is painfully familiar with the Covid-19 pandemic that is ravaging the world. Strict travel restrictions are being imposed around the world, people are being tested en masse, everyone is preparing or already imposing serious quarantines, and ordinary people are worried about job security …

Author: György Matolcsy, Governor of the Central Bank of Hungary It is time to find a way out of the euro trap. There is a harmful dogma that the euro is the "natural" next step towards the unification of Western Europe. But the common European currency was not natural at all, because almost none of the conditions for its establishment were …

By Jeff Deist, Mises.org Bloomberg Terminal, the financial software used by countless analysts and traders around the world, has a problem: its system can’t price bonds that use negative interest rates. The programmers never even considered such a situation possible, so they didn’t …

Author: Hans-Hermann Hoppe The original text in English can be found here. One of the most widely accepted statements among political economists is the following: every monopoly is bad from the consumer's point of view. Monopoly in its classical meaning is the right of exclusive privilege granted to one producer of a good or service, i.e. the absence of free …

Original article: Ryan McMaken, mises.org The condemnation of consumerism is ubiquitous in modern media and popular culture. Anyone who has seen “A Charlie Brown Christmas” from 1965 knows about this struggle. Every time we see Charlie Brown opt for the “authentic” Christmas – buying himself a small Christmas tree, which is natural, …