Powell’s Pivot to “Pain” but No Gain: Triggering the Coming Recession
The Fed is slowly increasing interest rates in the hopes that the economy will experience a "soft landing." However, there is no way to soften the blows about to fall on the economy. Original Article: "Powell's Pivot to "Pain" but No
Review: How to Think about the Economy
Per L. BylundHow to Think about the Economy: A PrimerMises Institute, 2022. “It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it
The Fed Is Finally Seeing the Magnitude of the Mess It Created
When asked about price inflation in his Sunday interview with 60 Minutes, President Biden claimed that inflation "was up just an inch
The Idea of Liberty Is Western
[This article is excerpted from chapter 21 of Money, Method, and the Market Process, a collection of essays selected and edited by Margit von Mises and with an introduction by Richard M. Ebeling.] I The history of civilization is the record of
Europeans Were Not the Only Slave Traders in Africa
While the current political narratives claim that only Europeans were involved in the infamous transatlantic slave trade, the Africans themselves were also major players in directing and overseeing it. Original Article: "Europeans Were Not the Only Slave Traders in Africa" This Audio
Despite Their Hubris, Monetary Authorities Do Not Have Total Control
A new monetary age is coming and sooner than anyone thinks. Since 1971 the world’s monetary system has been unanchored by anything of intrinsic value. In the fall of that year, President Nixon took the US off what remained of
Five Keys to Professional and Personal Development
Do these things to stand apart from your peers. Original Article: "Five Keys to Professional and Personal Development" This Audio Mises Wire is generously sponsored by Christopher Condon.
Do People Accept Money Because Government Endorses It?
Demand for goods arises because of perceived benefits. For instance, individuals demand food because it nourishes them. This is not so, however, about pieces of paper we call money, so why do we accept them? According to Plato and Aristotle, the
Biden Declared the Pandemic Over Because He Had To
On 60 Minutes last Sunday, President Biden declared "the pandemic is over," but quickly added "we still have a problem with COVID, we’re still doing a lot of work on it." Biden then reiterated: "But the pandemic is over" and his
How Do We Define Socialism? By What It Does—and Does Not—Do
The reality of socialism is that it politicizes life entirely. How that is supposed to improve quality of life remains a mystery. Original Article: "How Do We Define Socialism? By What It Does—and Does Not—Do" This Audio Mises Wire is generously sponsored