Mises Institute
Saturday, April 12, 2025
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No, FDR Did Not Give People “Hope”
Joshua Mawhorter
The most enduring economic myth of the twentieth century is the idea that FDR pulled America out of the Great Depression. In truth, his policies destroyed the hopes of millions.
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Beware: The ECB Digital Currency Is Coming
Daniel Lacalle
Central bank digital currencies are sold as innovative, efficient solutions, but are surveillance disguised as currency, offering central banks unprecedented control.
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Most popular this week
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There’s Only One Possible Cause of the Next Recession, and It Isn’t Tariffs
While President Trump’s tariffs cause economic harm, they couldn’t trigger a recession without years of artificial credit expansion.
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No, FDR Did Not Give People “Hope”
The most enduring economic myth of the twentieth century is the idea that FDR’s New Deal pulled America out of the Great Depression. In truth, his policies destroyed the hopes of millions.
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Devaluing the US Dollar: How to Make America Poorer Again
If devaluing the currency was a real measure of competitiveness, Argentina and Venezuela would be the most competitive nations on the planet.
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Featured Audio
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A Brief History of Immigration Policy in America
In the early republic, almost everyone agreed that immigration policy was a matter for the states.
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Trump’s Tariffs: Triffin Is Wrong, Ron Paul Is Right
Returning to fiscal discipline and sound money—not tariffs—is the key to reversing America’s economic decline.
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The Twin Deficits
You’ve heard endless debate about the trade deficit, but what about its evil twin, the budget deficit? Mark cuts through the economic fog and shows what’s really dragging us down.
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Why Trump Can’t (or Won’t) Abolish the IRS
Trump has no plans to get rid of payroll taxes, and he has no plans to make big cuts to spending.
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The Betrayal
of the American Right
Murray Rothbard tells the untold story of a lost tradition: a pro-liberty, anti-war right that was sidelined by the rise of statism, empire, and big-government conservatism.
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