Greenspan Would Be Proud: A Lesson in Fed Speak
It has become a familiar sight over the past decade and a half: a supposedly venerable member of the financial elite tells us with utmost calm that what we think we are seeing isn’t really all that bad. The Fed already
Just How Common Are School Shootings?
Thirty-nine people were killed in school shootings in 2018 (one of the worst years). In the same period, 900 children drowned, and 1,800 were murdered via child abuse. Original Article: "Just How Common Are School Shootings?" This Audio Mises Wire is generously sponsored
Are Stablecoins the Camel’s Nose for Central Banks?
Jeff and Dr. Murphy discuss a recent interview with IMF economist Manmohan Singh in the context of central banks co-opting digital technology for bad ends. Find Manmohan Singh's Interview: Mises.org/HAP-Singh Janet Yellen, "I was wrong about inflation": Mises.org/HAP-Yellen Kristoffer Hansen on the basics
The Nature and Origin of Money
In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural
Hazony on the American Tradition
In last week’s article, I discussed some of the arguments Yoram Hazony gives in his book Conservatism: A Rediscovery in favor of an empiricist procedure in ethics that supports working within a particular national tradition and against the rationalist deductive
Ireland: When MMT and Price Controls Collide, Little Remains
Ireland has been "experimenting" with MMT and price controls. The results are predictable. Original Article: "Ireland: When MMT and Price Controls Collide, Little Remains" This Audio Mises Wire is generously sponsored by Christopher Condon.
Covid-19: Assessing the Madness in Year 3
By making covid a political virus, progressive politicians, cheered on by their media, applied political "solutions" that failed to protect the most vulnerable people. Original Article: "Covid-19: Assessing the Madness in Year 3" This Audio Mises Wire is generously sponsored by Christopher
Debt-Fueled Demand and Oil Price Inflation Brings Airfares Roaring Back
If you’ve purchased any airline tickets lately, you’ve probably noticed that prices are up. It’s quite a reversal from the days of covid lockdowns, when airline tickets could be had for half the price of 2019 fares. Or even lower,
The Russian Economy and the Social Contract: The Path to a Deplorable Reality
The social contract in autocracies and totalitarian dictatorships is characterized by the fact that power is always at the top of the triangle: state, business, society—business and society's nominal weight is always less than that of the state. In particular, this
Don’t Be Fooled: The World’s Central Bankers Still Love Inflation
The Bank of Canada on Wednesday increased its policy interest rate (known as the overnight target rate) from 1.0 percent to 1.5 percent. This was the second fifty–basis point increase since April and is the third target rate increase since March of