A Short Essay on Sound Monetary Policy
In a market economy, gold is sound money. There is no need for monetary authorities when gold rules. Original Article: "A Short Essay on Sound Monetary Policy" This Audio Mises Wire is generously sponsored by Christopher Condon.
Fiat Money Inflation Not Only Raises Prices but Also Undermines Division of Labor
The line for the self-checkout registers at my neighborhood Albertsons stretched into the store’s produce section. Is this human progress? I wondered, scanning my groceries—this just after I had filled my car’s gas tank at a not-so-convenient convenience store near
Family Destruction and Its Socialist Cheerleaders
Socialists don't just want to take your property; they also are demanding control of your children and loved ones. Original Article: "Family Destruction and Its Socialist Cheerleaders" This Audio Mises Wire is generously sponsored by Christopher Condon.
Don’t Call it Capitalism: The Fed’s $8 Trillion Hoard of Financial Assets
It’s a sure bet that as the economy worsens, unemployment surges, foreclosures rise, defaults climb, and economic misery ensues, we’ll be told it’s all capitalism’s fault. The question one must ask, however, is, “What capitalism?” The claim that “too much” capitalism
An example for your classes: All of those economists @Amazon and they still got “burned” by loss aversion (or did they?)
From the WSJ ( Alexa, That Isn’t Elvis! New Music Shuffle Irks Amazon Prime Users): Dustin Bingham loves to play music when he cooks. Recently, he asked one of his eight Amazon Echo smart speakers to play Michael Bublé while he
How the Fed Fuels the WEF’s Managerial Revolution
On this week's Radio Rothbard, Ryan McMaken and Tho Bishop celebrate World Economic Forum week by discussing the Managerial Revolution. While James Burnham's disinterest in economics made his criticism of capitalism cringey, modern financialization has manipulated the profit and loss mechanisms
The Modern State Cannot Exist without Fiat Money
The emergence of money is a market phenomenon. By surrendering fewer marketable goods for more marketable goods, individuals move closer to the goods they ultimately wish to consume but cannot acquire through direct exchange. The most marketable goods become common
Playing For Change: When The Levee Breaks #EnvironmentalJustice
Here is what they say at Playing for Change: Built on the belief that music has the power to break down boundaries and overcome the differences that divide us, Playing For Change inspires and unites people through song. Over the past
The FDA and the Courts Fail to Truly Discipline the Pharmaceutical Industry for Exploiting the Mentally Ill
Does the regulatory system help guarantee safe and effective drugs? Does the system protect drug consumers? Court cases tell us otherwise. Original Article: "The FDA and the Courts Fail to Truly Discipline the Pharmaceutical Industry for Exploiting the Mentally Ill" This Audio
The State Will Always Set the Rules in Its Favor
Johan Smit wrote an opinion piece in which he highlighted the double standards of treatment in situations where the private sector was treated more harshly than the state when both parties committed similar offenses. To prove his point he referenced