Jamaica’s Experience Shows That Even Draconian Gun Control Will Not Stop Gun Violence
In the wake of mass shootings, progressives claim that draconian gun laws will stop these tragic events. However, the gun control record in places like Jamaica provides contrary evidence. Original Article: "Jamaica's Experience Shows That Even Draconian Gun Control Will Not Stop
Economic Winter Has Arrived
The average card-carrying Austrian would say that the Federal Reserve is creating money by the bale, with evidence being Consumer Price Index prints of 8.6 percent per the Bureau of Labor Statistics or over 15 percent per John Williams’s shadowstats.com computation
A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and Taxes
African economies aren't being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes. Original Article: "A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and Taxes" This Audio Mises Wire is generously sponsored by Christopher Condon.
Contra Ben Bernanke, the Gold Standard Promotes Economic Stability
Currently the world is on a fiat money standard—a government-issued currency that is not backed by a commodity such as gold. The fiat standard is the primary cause behind the present economic instability, and is tempted to suggest that a
The Fed Is Winging It: A 75 Basis Point Hike “Seemed like the Right Thing”
When asked to quantify how a 75-point hike is better than a 50-point one, Powell had no answer. And will it work? Powell could only say "we'll know when we get there." Original Article: 'The Fed Is Winging It: A 75 Basis Point Hike
How Governments Expropriate Wealth with Inflation and Taxes
In an interview with the Wall Street Journal, Treasury secretary Janet Yellen admitted that the chain of stimulus plans implemented by the US administration helped create the problem of inflation. “Inflation is a matter of demand and supply, and the spending that was
Lord Keynes and Say’s Law
Lord Keynes's main contribution did not lie in the development of new ideas but "in escaping from the old ones," as he himself declared at the end of the Preface to his "General Theory." The Keynesians tell us that his
For Presidents, Unpopularity Is a Simple PR Problem. Biden Is No Exception
The Biden administration, stung by low poll numbers, insists that the president is receiving unfair PR, which is hiding the "truth" about Biden's many accomplishments. Original Article: "For Presidents, Unpopularity Is a Simple PR Problem. Biden Is No Exception" This Audio Mises
A Critique of Neoclassical and Austrian Monopoly Theory
One of the most controversial areas in Austrian economics, and one where even long-established Austrian theorists differ sharply, is monopoly theory. Indeed, as we shall see below, the differences are not merely semantic, nor are they confined to detail or
Rising Interest Rates Are Revealing the True Damage Done by the Fed
Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices. Original Article: "Rising Interest Rates Are Revealing the True Damage Done by the