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Many economists believe that during an economic slump government should run large budget deficits in order to keep the economy going with increases in government outlays, with the consequent budget deficit giving individuals more disposable money. This, in turn, will

The Russian invasion of Ukraine has brought America’s foreign policy interventions under the limelight once again. Ryan McMaken argues that the US administration’s claim that countries should not have the right to a sphere of influence, implicitly addressing Russia, is

In response to the Robb Elementary School shooting in Texas this week, one now sees repeated claims that school shootings are somehow “normal” or common in the United States. For example, social media at this moment is teeming with users—assuming they’re

Persistently loose monetary policies always have negative growth and distributional effects that impair political stability. In extreme cases, there are civil wars and armed conflicts between countries. Original Article: "Inflation, War, and Oil: How Today's Crises Are Rehashing the 1970s" This Audio

The presence of American companies in foreign nations was once seen as a sign of American superiority and an instrument of American cultural power. Not anymore. Original Article: "McDonald's Closes All Stores in Russia as Woke Russophobes Rage" This Audio Mises Wire

Mainstream media discussion of the macro economic picture goes something like this: “When there is a recession, the Fed should stimulate. We know from history the recovery comes about 12–18 months after stimulus. We stimulated, we printed a lot of

On the morning of Wednesday, May 4, I woke up feeling the onset of illness. My eyes burned and my muscles ached. As someone who had not been ill for more than a decade, I knew there was a problem,

Is college over? You know the answer. I know the answer. But we’re in limbo. We still hate to think of our kids and grandkids not going to college. We are stuck in Baby Boomer and Gen X mindsets. University degrees

Longtime readers know that I am not the biggest fan of Paul Krugman, especially when it comes to his advocacy of government inflation and budget deficits. It's especially ironic when I criticize Krugman's writing on international trade, since that's the area in

In this episode of Radio Rothbard, Ryan McMaken and Tho Bishop consider progressivism as a form of modern colonialism. The response to the prospects of the Supreme Court overturning Roe vs. Wade has highlighted the degree to which the American