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The Federal government's Bureau of Labor Statistics released new price inflation data today, and the news wasn't good. According to the BLS, CPI inflation rose 8.3 percent, year over year, during August, before seasonal adjustment. That's the seventeenth month in

When in March the Federal Reserve finally moved to belatedly embark on a series of rate hikes to slow the hottest inflation in the United States since the 1980s, it signaled impending trouble for many emerging market economies. Often unable to

Business is a form of applied economics. Its purpose is to make people’s lives better. Profit is the signal from society that business is doing a good job in the customer’s estimation. This is a completely human system, a form

African countries emerged as “independent” nation-states in a context of a debt-based fiat money system, the fiat dollar standard. Independent is in quotation marks because Africa’s countries’ independence is nominal. That is said with due respect and gratitude to all

  Original Article: "Everything You Love You Owe to Capitalism" This Audio Mises Wire is generously sponsored by Christopher Condon. 

[This paper was originally presented at the Volker Fund's Symposium on Relativism, 1960.] La Condition Humaine" by René Magritte (1898–1967) I. Introduction Up to the 18th century, historians paid little or no attention to the epistemological problems of their craft. In dealing

According to commentators, countering inflation requires monetary authorities to actively restrain the economy, with “experts” believing that higher interest rates need not cause an economic slump. Instead, they believe that the Fed cab orchestrate a “soft landing.” It is questionable,

Economists often deplore the corruption in developing countries, but when institutions are corrupt, don't expect people to have the incentive to be honest. Original Article: "When Honesty Is Disincentivized, Don't Be Surprised That Trickery Abounds" This Audio Mises Wire is generously sponsored

Few technological changes have been criticized as much as the enclosure movement, strongly associated with the British Isles, but actually rooted in the Netherlands. Consider this definition of the movement offered by the Community Environmental Legal Defense Fund (CELDF): The Enclosure Movement

The optics of the event were likely the idea of a proud Biden staffer leaning into the “Dark Brandon” aesthetic that has become popular among regime loyalists on Twitter. To Americans outside of this Very Online echo chamber, the imagery