Throwing the Fed’s Machinery in Reverse: Fed Interest Rate Policies Continue to Damage the Economy
According to Federal Reserve minutes from last month, Fed officials expressed a willingness to push ahead with a tight interest rate stance to eradicate the inflationary menace. For most commentators, inflation is seen as a general increase in the prices
Inflation: State-Sponsored Terrorism
I. Introduction Remember the quaint old days of 2019? We were told the US economy was in great shape. Inflation was low, jobs were plentiful, GDP was growing. And frankly, if covid had not come along, there is a pretty good
Booms, Busts, and Statistics: What the Mainstream Gets Wrong
Per Bylund’s new book How to Think about the Economy: A Primer is now available online, in the Mises Store, and at Amazon. It’s an excellent beginning text for anyone looking to gain a better grasp of sound economics and
Modern Information Control: State Intervention and Mistakes to Avoid
Aided by state intervention, disinformation is becoming a way of life in communications. Original Article: "Modern Information Control: State Intervention and Mistakes to Avoid" This Audio Mises Wire is generously sponsored by Christopher Condon.
The Bretton Woods Institutions and the Accelerated Dystopian Transformation of the Food Industry
The global food industry is currently undergoing a major transformation in the name of averting “climate change” that will involve the adoption of new technologies in the production process and the creation of alternative food products for consumption. Facilitating this
Jared Wall: How a Courageous Entrepreneur Enters a Formative Market
How do new markets form? When consumers change their tastes and preferences and behaviors, how are the markets to serve them activated? The markets don’t yet exist — entrepreneurial action is required to create them. The answer to the question,
The Mali Empire: An African Story of Gold and Greatness
The Mali Empire flourished as a trading center and gold-producing region from the late Middle Ages into the mid-seventeenth century. Original Article: "The Mali Empire: An African Story of Gold and Greatness" This Audio Mises Wire is generously sponsored by Christopher Condon.
Does Reducing Unemployment through Government Spending Boost the Economy?
Some experts hold that the key to economic growth is to strengthen the labor market, which is based on the view that because of the reduction in the number of unemployed workers, more individuals can afford to increase spending. As
Everything You Wanted to Know about Money, but Were Afraid to Ask
Introduction With my talk, I would like to accomplish three goals: First, I want to explain some sound and time-tested basics of monetary theory. Second, I would like to point out why it is important to have a free market in money; that
Antiwar Criticism and the Formation of Collective Opinion
There are themes in the West that are difficult to question without running the risk of receiving sharp criticism. For the following themes, for example, there is a position considered “correct” by Western collective opinion: “Welfare State,” “climate policy,” “multicultural