October 2022

[This article is adapted from A Guide to Good Money: Beyond the Illusions of Asset Inflation by Brendan Brown and Robert Pringle (2022, Palgrave Macmillan).] Bad money regimes base themselves on a dysfunctional social contract. You, the people, agree to put up with a

President Biden's recent student loan forgiveness initiative only exacerbates the real problem: the cost of a college education, thanks to government intervention, is outrageously high. Original Article: "Student Loan Forgiveness Treats the Symptom, Not the Disease" This Audio Mises Wire is generously

Foundation for Economic Education founder and cornerstone Leonard Read always had an ear out for widely accepted but misleading clichés that served to aggrandize government power and limit liberty. In his 1965 “A Cliché of Socialism: Under Public Ownership, We

The Fed claims 2 percent inflation promotes "price stability." However, that policy also causes the boom-and-bust cycle, which is anything but stable. Original Article: "How the Policy of Price Stability Generates Greater Economic Instability" This Audio Mises Wire is generously sponsored by Christopher Condon.

Imagine a hypothetical libertarian paradise (“Paradise”) that seeks only to live in peace and harmony with the rest of the world. Unfortunately, the rest of the world is not as pacifistic as Paradise; indeed, it has at least a few

The money supply is on a long and fast downward trajectory. This points toward recession and is just one more indicator of economic weakness in addition to negative GDP and an inverted yield curve.  Original Article: "In Latest Recession Signal, Money-Supply Growth

[Chapter 3 of Per Bylund's new book How to Think about the Economy: A Primer.] Economics is often faulted for being “ideological”—for promoting free markets. This is a misunderstanding. The free market in economics is a model—an analytical tool. It excludes complicating circumstances and

New Jersey became one of the latest states in 2022 to ban single-use bags. In 2014, California became the first state to ban of use plastic bags. Since then, several states have followed including New York, Oregon, and Washington for

Is there a case for an American empire? Professor Nigel Biggar of Oxford University believes so, but David Gordon sets him straight. Original Article: "Biggar Thy Neighbor" This Audio Mises Wire is generously sponsored by Christopher Condon. '

Allegedly, Republicans appeal to racism via “dog whistles” or the “Southern Strategy” and the like, but that brings up the question, “Do Republicans have an economic incentive to appeal to racists?” If racism is a “winning” issue, why don’t Republicans win