Money-Supply Growth Finally Slows in March, Drops to 10-Month Low
After three months in a row of hitting new all-time highs, money supply growth slowed in March, dropping to a 10-month low. This slowdown, however, does not suggest any significant departure from the past year's high growth in money supply—which came
We Cannot Build an Economy on Lies
American journalists and academics have invented a fairy tale in which "free market orthodoxy" has dominated political thinking in America for the past forty years. This is not even slightly true, but pundits repeat the lie again and again. Original Article:
How Monetary Expansion Creates Income and Wealth Inequality
“Every change in the money relation alters … the conditions of the individual members of society. Some become richer, some poorer.” – Mises, Human Action, p. 414. New money enters the economy at a particular point. It does not enter in
The Ruling Class Only Cares about Democracy When It Helps Them
Democracy is only acceptable when the outcome is what the ruling class wants. Fortunately, the federal courts are always handy to overturn the results of free elections. Original Article: "The Ruling Class Only Cares about Democracy When It Helps Them" This Audio
The Real Estate Boom in Vegas Is More Frenzied Than Ever
Summerlin, the suburb of west Las Vegas creeping ever closer to the mountains, looks to be crowded with fully paved streets, streetlights, block walls, and blue top lots. With lumber, labor, and other materials in short supply, home construction can’t
Milton Friedman’s Methodological Mistake
Key methodological differences between Austrians were highlighted in Milton Friedman's "The Methodology of Positive Economics." A key piece of conflict: Friedman's focus on prediction rather than explanation. Original Article: "Milton Friedman's Methodological Mistake" This Audio Mises Wire is generously sponsored by Christopher
Yes, Paul Krugman, Booms Are Unsustainable
That Austrians and Keynesians do not share many views on economics (or probably anything else) is obvious, so a difference of opinion between the two hardly should surprise anyone. However, it still is important to point out the differences between
“Infrastructure” Is Now Anything the Government Wants To Do
A common rhetorical tactic is to change the definition of a key word in a debate to fit a preferred conclusion. This tactic is now being used by President Biden and other lawmakers in support of an anticipated $2 trillion
Lookism: An analysis on appearance based discrimination in workplace
Smartness or beauty cannot be the only hallmark of competency and what is beautiful is good is the most prevalent stereotype in society. It is often seen that the people who are more attractive in terms of skin tone, weight
Social Media’s Algorithms Aren’t Really Controlling You
Senator Hawley wants government regulation of social media, and he insists that social media companies are somehow controlling and manipulating people. But Hawley is mistaken. You have free will even when using Facebook. Original Article: "Social Media's Algorithms Aren't Really Controlling