We’re Getting Poorer: Price Inflation Grew Faster than Wages Again in September
The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, September was yet another month of soaring inflation. According to the BLS, Consumer Price Index (CPI) inflation rose 8.2 percent year over
Breaking Away: The Case for Smaller Polities
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022.
Austrian Economics versus the Federal Reserve
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022.
An Economic Perspective on Accusing Political Opponents of Racism
A winning political strategy, especially among Democrats, is to accuse their political opponents of racism, or at least "closet" racism. Yet simple economic analysis shows such accusations are illogical. Original Article: "An Economic Perspective on Accusing Political Opponents of Racism" This Audio Mises
Are We Now Americans By Occupation Only?
Connor Mortell joins Ryan McMaken and Tho Bishop to discuss his recent article entitled "We Are Not the Government, but America Is No Longer Anything More than the Government" and to consider what it means to be an American in the
A Commonsense Approach to the Austrian-Mainstream Methodenstreit
The mainstream of economics today makes use of mathematical techniques so extensively that to professionals and laymen alike, the discipline resembles a branch of applied mathematics. Consequently, the Austrian school (for whom math is of little importance in the study of
The Fed’s Real Mandate
The standard line is that the Federal Reserve System has two mandates, keep unemployment low and create price stability. Mark Thornton notes that the real agenda is found elsewhere. Original Article: "The Fed's Real Mandate" This Audio Mises Wire is generously sponsored
Higher Education Woes: Student Loans Help Fuel Higher College Costs
In my previous article on the college problem, I discussed the cultural factors that have contributed to the falling value of a university degree, which I hoped would show that we cannot reduce the decline of higher education to public
An Ancient Warning: Criminal Trespass Is the State’s Essential Feature
The Bible the ancient Israelites were warned about the dangers of having a government that would tax them heavily and oppress them. They didn't listen. Original Article: "An Ancient Warning: Criminal Trespass Is the State’s Essential Feature" This Audio Mises Wire is generously
Thanks to the Fed, You’ll Work More this Year to Keep Last Year’s Standard of Living
According to the establishment survey of employment, released last week by the Bureau of Labor Statistics, total employment increased, month-over-month by 263,000 jobs. The "job market stays strong" reads one CNBC headline, and the new jobs print was hailed as a