The Modern State Cannot Exist without Fiat Money
Fiat money is the fuel of the modern Leviathan state. If we wish to have freedom, we must have sound money. Original Article: "The Modern State Cannot Exist without Fiat Money" This Audio Mises Wire is generously sponsored by Christopher Condon.
Is the Japanese Low Inflation–Low Interest Rate Model at an End?
The macroeconomic situation in Japan seems to be coming to a head. When the Bank of Japan, under its President Haruhiko Kuroda, announced on December 20, 2022, that it would raise its interest rate ceiling on ten-year Japanese government bonds
Carbon offsets: a guide to avoiding food poisoning
The MIT Climate Portal describes carbon offsets in this way: Carbon offsets are tradable “rights” or certificates linked to activities that lower the amount of carbon dioxide (CO2) in the atmosphere. By buying these certificates, a person or group can fund
Fiat Money Inflation Not Only Raises Prices but Also Undermines Division of Labor
Government interference into money creation and production harms the economy in a number of ways, including skewing the organization of division of labor. Original Article: "Fiat Money Inflation Not Only Raises Prices but Also Undermines Division of Labor" This Audio Mises Wire is
“Stakeholder Capitalism” Is an Incoherent Term
At the annual World Economic Forum meeting in Davos this year, Klaus Schwab gave a televised interview where he said that stakeholder capitalism will become the ideal economic system for efficiently allocating resources in order to “master ze future.” However,
Social Security Taxes Aren’t “Your” Money
After French protestors took the street to complain about the increase in the retirement age, I read quite a few jokes in social media about how protesting in France is the local pastime.