Mises Daily Email

Wednesday, January 14, 2026

For the regime, the answer to busts and bubbles is always the same: more monetary inflation, even though that’s what caused it all in the first place. The ruling oligarchs care more about power than about economic prosperity, and they won’t easily give up their money monopoly.

Also, Frank Shostak today reminds us that it’s impossible to understand economic data unless we have good theory. Data by itself teaches us nothing about economics.

Ryan McMaken, Editor-in-Chief

Fiat Currency, Monetary Corruption, and the Architecture of Extraction

Just M. Ptak

Each economic crisis brought on by loose money brings on a “solution” of...looser money. This pattern is not just a threat to the economy but to our very freedom itself.

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Rothbardian Analysis of the Constitution

Dr. Patrick Newman explains how the Constitution was crafted to centralize power and protect elite economic interests.

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The Aristotelian-Thomistic Roots of Austrian School

The Austrian School of economics is rooted in logical thought.

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The Question: A MAGA Mea Culpa

When it comes to supporting the Trump administration, there is room for some honest self-reflection: What did I know and when did I know it?

Cheap Credit Doesn’t Create Economic Growth—It Makes Us Poorer

Firms use net present value (NPV) to allocate resources, but it can be misleading when interest rates are influenced by inflation.

Higher Education in Crisis: The Problem of Ideological Homogeneity

College faculties have historically leaned left, but now rigid progressive ideology is enforced by both faculty and administrations.

Theory and History

Dr. David Gordon at Mises U 2017.

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The Misesian

The latest issue of The Misesian discusses why, without private property, there is no way to plan for the future, and one’s goods are always subject to confiscation from the more powerful. In other words, a world without private property is a lawless world.