New York State Has Imposed New Covid Rituals. This Time There’s Some Resistance.
Friday, December 10, New York State governor Kathy Hochul reaffirmed the state’s status as the nation’s most zealous practitioner of covid cultism with the announcement of a new statewide “vax-or-mask” mandate. The mandate confronts businesses and physical institutions with a choice:
The Economy May Be Finally Peaking, and the Fed Won’t Help Matters
The huge amounts of monetary inflation of 2020 have indeed been translated into price inflation in 2021. Yet with the Fed now poised to slow things down, we might find asset inflation could suddenly go into reverse. Original Article: "The Economy
Money Supply Growth Is Slowing—That Points to a Slowing Economy
Easy money monetary policy only serves to weaken and destroy savings and investment. And that means weaker future economic growth. Original Article: "Money Supply Growth Is Slowing—That Points to a Slowing Economy" This Audio Mises Wire is generously sponsored by Christopher Condon.
Peaks and Valleys: Making Good and Bad Times Work for You- A Book Review
Have you ever seen how a heartbeat is traced? Well, I am pretty sure who hasn’t. If you really look closely, you’d find that it consists of peaks, valleys, and plateaus. Quite similar are our lives too. Using terms like
The Myth of Cost-Push Inflation
Senator Elizabeth Warren recently stated that rising prices were due to corporations increasing their profits. “This isn’t about inflation, this is about price gouging for these guys.” It is simply incorrect. No, corporations have not doubled their profits, and rising prices are not
Crypto Ban(e) in India?
Recently, the government officially expressed its intention to introduce a Bill aimed at banning private cryptocurrencies in India. This came in amid increasing concern over cryptocurrency posing a threat to the macroeconomic stability of the country. Source – Reuters The Cryptocurrency and
Fighting For Her Future: Spears vs Spears
The taste of freedom seems extremely delightful and delicious, especially when provided to someone trapped in conservatorship for more than a decade. Evidently, Britney Spears is an example of that freedom. Speaking of which, she has grown into an unrestrained
Can Dikes Be Private?: An Argument against Public Goods Theory
The best that mankind ever knew:Freedom and life are earned by those aloneWho conquer them each day anew. — Johann Wolfgang von Goethe1 According to many economists, we need the state to provide public goods.2 The assertion seems to be so crystal-clear
Who Will Inflate Faster? Europe or the Fed?
The price of the euro in terms of the US dollar closed at 1.135 in November, against 1.156 in October and 1.193 in November last year. The yearly growth rate of the price of the euro in US dollar terms
Why “Macro” Thinking in Economics Is Such a Problem
As someone who teaches public finance (better termed the economics of government), I can’t count how many times I have heard politicians promise “comprehensive” reforms to some major problem. But what such efforts actually produce is always different from what