No Surprise: Wall Street Wants to Raise the Target Inflation Rate above 2 Percent
Price inflation in the United States remains stubbornly high, with October's print at 7.7 percent. The Fed's preferred measure, so-called core inflation is only two-tenths of a percent below 40-year highs, at 6.3 percent. Yet, it was just last year
Central Banks: Profligacy in Lockstep
This article was originally published by Law&Liberty. The Swiss National Bank’s (SNB) financial statements for the nine months ending September 30, 2022, show a bottom-line loss of US$150 billion.1 A number to get your attention! Under the strong financial discipline of its charter
How the State Seized Control of Marriage
State regulation of marriage—and the ensuing secularization of marriage that followed—is a historical development that was part of the larger trend toward the expansion of state power. Original Article: "How the State Seized Control of Marriage" This Audio Mises Wire is generously sponsored by Christopher
Mises’s Critiques of Social Darwinism and of the Concept of Class Struggle
In his 1922 book, Gemeinwirtschaft, Ludwig von Mises unmasks the intellectual distortion that is social Darwinism. Based on determining the dynamics of socialization through the principle of the division of labor, Mises shows that society is cooperative; that peace, not
Economic Progress and Economic Decay: North versus South
While high-quality automobiles and other manufactured goods are being produced in the Southeast, northeastern states like New York are falling behind, thanks to progressive governance. Original Article: "Economic Progress and Economic Decay: North versus South" This Audio Mises Wire is generously sponsored by
The “Barbarous Relic” Helped Enable a World More Civilized than Today’s
One of history’s greatest ironies is that gold detractors refer to the metal as the barbarous relic. In fact, the abandonment of gold has put civilization as we know it at risk of extinction. The gold coin standard that had served
January 6 Trials Remind Us Why We Must Abolish Seditious Conspiracy Laws
The January 6 trials remind us violence against a person or property should be prosecuted as exactly that, and not as a special category of crime against the regime. Original Article: "January 6 Trials Remind Us Why We Must Abolish Seditious Conspiracy Laws" This
Total Employed Workers Fell Again in November as Savings and Incomes Fall
From March 2022 to November, the number of total employed persons has only increased by 12,000 people meaning there are fewer employed people now than before the covid panic. Original Article: "Total Employed Workers Fell Again in November as Savings and Incomes Fall" This
Last Day to Double Your Gift!
Dr. Gary Schlarbaum, one of our generous supporters, has again offered to match donations received through December 11. That means your $10 donation becomes $20, your $25 donation becomes $50, and so on. For the last eight years, Gary has
An Economist Examines US Foreign Policy and Finds It Wanting
Economist Christopher Coyne of George Mason University uses economic logic to expose the follies of militaristic US policies overseas. Original Article: "An Economist Examines US Foreign Policy and Finds It Wanting" This Audio Mises Wire is generously sponsored by Christopher Condon.