War, Sanctions, and Sanity: A Purely Hypothetical Inquiry
Dealing with specific geopolitical circumstances can be messy. We may disagree on the facts and on which sources are reliable, making it hard to make any headway in a discussion. This may be further compounded by extreme emotions we may
No, It’s Not the Putin Price Hike, No Matter What Joe Biden Claims
Last year, Joe Biden and his administration claimed that inflation was "transitory." This year, Vladimir Putin gets the blame. Next year, Biden will blame American businesses. And the beat goes on. Original Article: "No, It's Not the Putin Price Hike, No
Should the Fed Devalue Our Currency to Implement Negative Interest Rates?
In a thought-provoking article published by the IMF in April, Ruchir Agarwal and Miles Kimball argue for moving away from a “paper money standard” and toward an "electronic money standard." The promised benefits include shorter recessions and lower average inflation.
Postcovid America: Racked by Inflation, Americans Pay Too Much for Drugs
The patent system in pharmaceuticals incentivizes firms to game the system for monopoly profits. Original Article: "Postcovid America: Racked by Inflation, Americans Pay Too Much for Drugs" This Audio Mises Wire is generously sponsored by Christopher Condon.
Stagflation Comes from Exorbitant Money Creation and Unhampered Government Spending
Too much government spending and loose monetary policy lead to rising prices combined with falling economic growth rates. All Keynesian roads lead to stagflation. It is the result of economic mismanagement. Again and again, the belief has been proven wrong
The Right to Self-Defense
If every man has the absolute right to his justly-held property it then follows that he has the right to keep that property—to defend it by violence against violent invasion. Absolute pacifists who also assert their belief in property rights—such as
Biden: Inflation Is Everybody’s Fault but Mine
Speaking at the Eisenhower Executive Office Building, President Biden on Tuesday morning declared inflation to be his top “domestic priority” and insisted that inflation would not be a problem were it not for covid and the war in Ukraine. There
Why the Warmongers Are Wrong About China
In an earlier article, “No War with China,” I discussed the plans of braindead Biden and the neocon gang that controls him to start a war with China. This of course would be a disaster, but it leads to another question I’d
Biden-in-Wonderland: A $15 Minimum Wage Will Not Increase Business Costs
President Joe Biden in the state of the union address called for a $15 minimum wage along with pushing against and calling out corporations for spreading inflation. Raising the minimum wage, along with the fallacy that increased government spending brings
Decentralized and Neutral
The EU is a prime example of a tendency toward territorial expansion and political centralization. Original Article: "Decentralized and Neutral" This Audio Mises Wire is generously sponsored by Christopher Condon.