Powell Admits the Fed Is Failing on Inflation, and Promises More Rate Hikes
The Federal Reserve's Federal Open Market Committee (FOMC) raised the target federal funds rate 75 basis points on Wednesday, marking the fourth 75-basis-point hike in a row since June. The federal funds rate is now the highest it's been since December
Midterm Political Theater: The Pregame Show
On this episode of Radio Rothbard, Tho Bishop and Ryan McMaken preview next week's midterms. How big of a red wave is on the horizon, and how much does it really matter? Should the real focus be on governor races?
Black Hole or Shock Absorber: How Does a Free-Market Economy Respond to Crises?
As the inevitable economic downturn becomes more evident, the Fed will attempt to stop deflation. But what this economy needs is a good dose of it. Original Article: "Black Hole or Shock Absorber: How Does a Free-Market Economy Respond to Crises?" This Audio
Private versus Government Health Insurance: They Are Not the Same
Insurance is a market institution—i.e., it emerged through voluntary exchange aiming at satisfying the needs of the parties involved. Private health insurance should not be mistaken for public health insurance, which constitutes an element of a state’s social policy. They
Can the Dollar Once Again Be Anchored by Gold? One Congressman Believes It Can
The Gold Standard Restoration Act seeks to once again tie the US dollar to gold. Original Article: "Can the Dollar Once Again Be Anchored by Gold? One Congressman Believes It Can" This Audio Mises Wire is generously sponsored by Christopher Condon. '
Misunderstanding Mises, Again
In a recent blog post on the Marginal Revolution blog, Ludwig von Mises is categorized as an underrated thinker. That’s undoubtedly true, especially when considering his many groundbreaking contributions to economics. Mises was also one of the first to be
Murray Rothbard versus the Progressives
There has been a radical change in the social and political landscape in this country, and any person who desires the victory of liberty and the defeat of Leviathan must adjust his strategy accordingly. New times require a rethinking of
Profits Do Not Cause Inflation (No Matter What Progressives Claim)
Progressives like Robert Reich now claim that there is no inflation, just businesses arbitrarily raising prices so they can increase profits. Such claims do not pass the test of economic logic. Original Article: "Profits Do Not Cause Inflation (No Matter What Progressives
Clausewitz, the UN Charter, and a Libertarian View on War
The ongoing war in Ukraine has forced many Westerners to consider the realism of Carl von Clausewitz’s classic On War. The Prussian military theorist famously wrote that: “War is nothing but a continuation of politics with the admixture of other
Hermann Morris: The Nail Hub as the Adaptive Entrepreneurial Method in Practice
Breakthrough theory becomes effective practice when it is successful applied by real-life entrepreneurs. The E4B entrepreneurial method is actualized by Hermann and Elizabeth Morris in the very distinctive business model for their brand, The Nail Hub. Knowledge Capsule The true purpose of