August 2022

Powell said that moving forward "we think it's time to just go to a meeting by meeting basis." Translation: "Things might go even more off the rails at any time, so let’s just play it by ear." Original Article: "The Fed

Names like Menger, Böhm-Bawerk, Wieser, Hayek, and Rothbard are well-known to adherents of the Austrian school of economics. Emil Kauder isn't one of those names, but Murray Rothbard brings his contributions to Austrian thinking to light. Original Article: "Emil Kauder as

With Sri Lanka’s short-lived green revolution of 2021 having quickly devolved into a real revolution just one year later, complete with the ouster of former president Gotabaya Rajapaksa’s incompetent and authoritarian government this past week, now is a good time

In order to gain insight into the future state of the economy, some analysts utilize consumer and business surveys. Randomly selected consumers and businesspersons are asked to provide their views about where the economy is heading. If a survey shows that,

Ryan McMaken and Zachary Yost discuss some of the strategic problems and historical oddities surrounding the relationships between the US, China, and Taiwan. Additional Resources "Can China Conquer Taiwan?" Radio Rothbard with Ryan McMaken, Zachary Yost, and Tho Bishop: Mises.org/WES_03_A "The World at War" by Ralph

With inflation making workers poorer, and with midterm elections looming, Janet Yellen is doing damage control by arguing over the definition of "recession." Original Article: "Yellen: "Recession" Doesn't Mean What You Think It Means" This Audio Mises Wire is generously sponsored by

In many cultures, profit is seen as the result of individuals exploiting other individuals. Profits, however, have nothing to do with exploitation. Instead, they reflect the actions of entrepreneurs who supply consumers in the most efficient ways with valued products. For

Has economics fallen to politics? Court economists like Paul Krugman–we might call them "regime economists"–represent a profession in big trouble. Jeff and Bob discuss. Michael Tanner, "PIketty Gets it Wrong": Mises.org/HAP355-1 Bob Murphy on the economics establishment vs. Judy Shelton: Mises.org/HAP355-2 Jeff Deist

Forget Biden's claim that his government is "fighting inflation." His government is creating inflation, and in so doing robbing people of their savings and earnings. Original Article: "Inflation Takings Require Just Compensation: Slash Governments!" This Audio Mises Wire is generously sponsored by Christopher

Although I am excited about the prospects for liberty potentially offered by the populist Right, I find their misunderstandings regarding international trade frustrating. And their skepticism of trade isn’t a nuanced critique, say, of trade policy with China and the vulnerabilities