The Corporate Fairy Tale Is Dying as Economic Reality Sets In
At least since 2008, the financial world has been in a financial spiral caused by central banks’ growing monetary impression. As a consequence, key economic concepts (e.g., that business cycles are caused by credit expansion, and higher prices by monetary
The World Needs More Energy and Less Energy Regulation
Energy is a highly regulated industry across the world. There is less debate about the need for government control when it comes to the oil and gas sector. The arguments that most people accept for government intervention in energy, whether
The G7 Cap on Russian Oil Is a Subsidy to China
There are many mistakes in the G7 agreement to put a cap on Russian oil. The first one is that it does not hurt Russia at all. The agreed cap, at $60 a barrel, is higher than the current Urals
The G7 Cap on Russian Oil Is a Subsidy to China
There are many mistakes in the G7 agreement to put a cap on Russian oil. The first one is that it does not hurt Russia at all. The agreed cap, at $60 a barrel, is higher than the current Urals
Are Capital Markets Corrupt?
Hunter Hastings of Economics for Business joins Jeff for a thoroughgoing discussion of how monetary and fiscal policy distort capital markets and create perverse incentives for financialization rather than real production. Jeff Deist, "Does M&A benefit the economy?": Mises.org/HAP373-A Rothbard's America's Great
Digital Currency: The Fed Moves toward Monetary Totalitarianism
The Federal Reserve is sowing the seeds for its central bank digital currency (CBDC). It may seem that the purpose of a CBDC is to facilitate transactions and enhance economic activity, but CBDCs are mainly about more government control over individuals.
Renewables and EVs in the Grip of Lesseps Syndrome
The so-called green energy strategy is no strategy at all. Instead, it is an attempt to cripple the energy industries in vain hopes that renewables will magically cover the energy shortfall. Original Article: "Renewables and EVs in the Grip of Lesseps
Blowing Up the World When So Little Is at Stake
In last week’s column, I discussed Christophers Coyne’s excellent book In Search of Monsters to Destroy, a cogent account of America’s endeavor to build a “liberal” informal empire. Coyne shows the inherent contradiction of using brutal means to achieve humane
Deflation Is Not a Problem: Reversing It Is
Keynesian economists claim that deflation is as bad or worse than inflation. But deflation not only reverses inflation's bad effects but also allows new wealth creation. Original Article: "Deflation Is Not a Problem: Reversing It Is" This Audio Mises Wire is generously sponsored
Why Investors Are Obsessed with the “Fed Pivot”
In a recent Bloomberg article, a group of economists voiced their fears that the Federal Reserve’s inflation fight may create an unnecessarily deep downturn. However, the Federal Reserve does not create a downturn due to rate hikes; it creates the foundations of a