Jamaica’s Experience Shows That Even Draconian Gun Control Will Not Stop Gun Violence
Many are still repulsed by the monstrous actions of Salvador Ramos who brutally gunned down nineteen students and two teachers in the nation's second-deadliest mass shooting. This act of barbarity has rightly aroused intense emotions, but emotional responses to mass
Are Technology Shocks Responsible for Business Cycles? In a Word, No.
The theory of real business cycles won a Nobel Prize, but it ultimately confuses cause with effect. Original Article: "Are Technology Shocks Responsible for Business Cycles? In a Word, No." This Audio Mises Wire is generously sponsored by Christopher Condon.
The Biden Administration’s Ignorant Energy Policies: Higher Gas Prices Are Only the Beginning
While Americans angrily grit their teeth while filling their gas tanks, the very first United States special presidential envoy for climate said: This year, we have to implement those promises and what it means is that we have to decarbonize the
The Fair Tax Is the Tax That Will Not Die
The Fair Tax is a supposed alternative to the income tax. But the name does not matter, since a tax is still a tax. Original Article: "The Fair Tax Is the Tax That Will Not Die" This Audio Mises Wire is generously
For Presidents, Unpopularity Is a Simple PR Problem. Biden Is No Exception
When the United States in 1982 was mired in the worst recession since the end of World War II, supporters of President Ronald Reagan were sure that they had the answer: just let Reagan be Reagan. Conservative friends of mine
The Fed Is Winging It: A 75 Basis-Point Hike “Seemed Like the Right Thing”
The Federal Reserve’s Federal Open Market Committee (FOMC) today announced an increase of 75 basis points to the target federal funds rate, raising the rate to 1.75% from 1%. June’s meeting today was the third meeting this year at which
Will Punch-Drunk Biden Take America Down with Him?
Inflation is at a forty-year high, fuel prices are wreaking havoc, and there's no end in sight. Time for Biden to tell us how good we have it. Original Article: "Will Punch-Drunk Biden Take America Down with Him?" This Audio Mises Wire is
Even after Admitting She Underestimated Inflation, Janet Yellen Still Doesn’t Understand What It Is
According to the June 1, 2022, Financial Times, Janet Yellen, the US Treasury secretary conceded she was wrong last year about the path inflation would take. Yellen told CNN: There have been unanticipated and large shocks to the economy that have boosted
No, It’s Not “Greed” or “Price Gouging” that’s Driving up Gas Prices
Both consumer prices and producer rose near to multi-decade highs last month. Price inflation rose to 8.6 percent while wholesale producer prices rose by more than 10 percent. In both cases, a significant factor behind rising prices—but certainly not the only
Are Today’s Homeownership Rates Sustainable?
Skyrocketing asset prices are great for hedge fund managers and Wall Street types, but they increasingly drive ordinary people into unsustainably large amounts of debt. Original Article: "Are Today's Homeownership Rates Sustainable?" This Audio Mises Wire is generously sponsored by Christopher Condon.