February 2022

According to the Bureau of Labor statistics, CPI inflation rose 7.5 percent in January, year over year. This was, the BLS notes, the "largest 12-month increase since the period ending February 1982." Moreover,  The all items  less food and energy index rose 6.0 percent, the

Quarterly Journal of Austrian Economics 19, no. 2 (Summer 2016) "On the Occasion of the Tenth Anniversary of His Death" [Translator's Note: A transcript of the German language original under the title “Der Economist Eugen v. Böhm-Bawerk—Zu seinem 10. Todestage” has been

Last week I wrote about Ludwig von Mises’s important letter to the New York Times in June 1942 about the Nazi economy. In the letter, Mises says that foreign trade poses a difficult problem for a socialist economy. Unlike the

Sometimes people—even other economists—are incredulous that the Austrians deny the possibility of interpersonal utility comparisons. Original Article: "Why Austrians Stress Ordinal Utility" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Canadian truck drivers are continuing their protest against the government’s covid/vaccine mandates. The protest was triggered by the federal government’s November mandate that truck drivers must be fully vaccinated by January 15 or they would be subject to mandatory testing and

The notion that inflation is harmful is a staple of economic science. But most textbooks underrate the extent of the harm, because they define inflation much too narrowly as a lasting decrease of the purchasing power of money (PPM), and

If there was one thing that predictably united the usually squabbling Roman elite, it was the emergence of a perceived threat to Rome’s Mediterranean and near-continental hegemony. To some degree, however difficult to calculate, it is impossible to deny that

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Fannie Mae is helping ensure easy money flows to apartments. That means multifamily prices are heading skyward like asset prices overall. Original Article: "Rising Rents and Cheap Money Flowing—So Apartment Prices Are Soaring" This Audio Mises Wire is generously sponsored by Christopher