Are Equal Pay Arguments Based upon the Labor Theory of Value?
Following the 2019 Women’s World Cup, the issue of women’s pay moved even more to the front pages as Women’s soccer star Megan Rapinoe spoke out: Men are so often paid and compensated on the potential they show, not necessarily what they’ve actually
Jon Stewart Asks Great Questions of Federal Reserve Chief
In a recent episode of “The Problem With Jon Stewart,” the former Daily Show host asks former president of the Kansas City Fed Thomas Hoenig why the Fed couldn’t have bailed out homeowners, or just “quantitative ease” away the Treasury’s
The Nationalities Question
[This article was published in in The Irrepressible Rothbard, available in the Mises Store.] Upon the collapse of centralizing totalitarian Communism in Eastern Europe and even the Soviet Union, long suppressed ethnic and nationality questions and conflicts have come rapidly to
Real Wages Fall Again as Inflation Surges and the Fed Plays the Blame Game
Money printing may bring rising wages, but it also brings rising prices for goods and services. And those increases are outpacing the wage increases. Original Article: "Real Wages Fall Again as Inflation Surges and the Fed Plays the Blame Game" This Audio
Keynesians and Market Monetarists Didn’t See Inflation Coming
The government’s latest report puts the twelve-month official consumer price inflation rate at 8.5 percent, the highest since December 1981: As economists debate the causes of, and cure for, this price inflation, it’s worth recounting which schools of thought saw it
After More Than a Month of Fighting, Where Do Things Stand in the Russia-Ukraine War?
While the battlefield results are mixed, much of the action in the Russia-Ukraine war is happening beyond the warring countries. Original Article: "After More Than a Month of Fighting, Where Do Things Stand in the Russia-Ukraine War?" This Audio Mises Wire is
Jordan Peterson on Austrian Economics: Free Markets Are “Profoundly Equitable”
Jordan Peterson is a Canadian psychologist, lecturer, and intellectual with a comparative advantage in enraging the left-establishment elites. That’s a valuable trait on its own, but Peterson’s more profound contributions to cultural and intellectual life in the 2010s and 2020s
Hoppe: “My Dream Is of a Europe Which Consists of 1,000 Liechtensteins.”
[Editor's note: Earlier this month Dr. Hans-Hermann Hoppe appeared on SERVUS TV for a discussion "On State, War, Europe, Decentralization and Neutrality." An English translation of the transcript was prepared by Leonhard Paul, a law student from Germany.] Interviewer: I would like to
How the Fed’s Tampering with the Policy Rate Affects the Yield Curve
At the end of March this year the difference between the yield on the ten-year Treasury bond and the yield on the two-year Treasury bond fell to 0.010 percent from 1.582 percent at the end of March 2021.
Is There a Case for the Pre-1914 Gold Standard? Yes, if You Believe Inflation is a Bad Thing
The Russian central bank recently announced that it will stop buying gold at a fixed rate and will instead buy them at the negotiated rate from banks. Following the numerous sanctions which were imposed on Russia. The Ruble had fallen