Washington Still Won’t Admit the Real Cause of Price Inflation
After the Consumer Price Index surged last year to its highest level since 1982, politicians are feeling pressure from constituents to do something about it. On Monday, President Joe Biden announced $1 billion in grants, loans, and other assistance for small
Why They Want to Keep the “Health Emergency” Going Forever
When the Democratic Colorado governor slightly scaled back covid mandates, he met furious opposition from the Left. Expect these people to push mandates forever. Original Article: "Why They Want to Keep the 'Health Emergency' Going Forever" This Audio Mises Wire is generously sponsored
Colonialism Isn’t the Source of Latin America’s High Inequality
Latin America's antiglobalization epoch, from 1913 to 1970, was marked by high regulations and antitrade efforts that have fueled Latin America's economic problems. Original Article: "Colonialism Isn't the Source of Latin America's High Inequality" This Audio Mises Wire is generously sponsored by
Why Price Deflation Is Always Good News
Most commentators are currently preoccupied with large increases in the Consumer Price Index (CPI), which is labeled as inflation. The yearly growth rate of the CPI stood at 7.0 percent in December against 6.8 percent in November and 1.4 percent
The Fed Has No Real Plan, and Will Likely Soon Chicken Out On Rate Hikes
The Fed’s Federal Open Market Committee (FOMC) released a new statement today purporting to outline the FOMC’s plans for the next several months. According to the committee’s press release: With inflation well above 2 percent and a strong labor market, the
Behind Klaus Schwab, the World Economic Forum, and the Great Reset: Part 1
Bob starts a series looking into Klaus Schwab, founder of the World Economic Forum and, along with Prince Charles, proponent of the “Great Reset.” Mentioned in the Episode and Other Links of Interest: Klaus Schwab and Prince Charles promoting the “Great Reset”The
Behind Klaus Schwab, the World Economic Forum, and the Great Reset: Part 2
Bob continues his series on Klaus Schwab, explaining the WEF’s plans for redesigning the world, and providing quotes from Schwab’s book on the fourth industrial revolution. Mentioned in the Episode and Other Links of Interest: Part 1 of this seriesThe WEF’s bio
Free Economy and Social Order
Most of us, and all of us most of the time, deal with the market economy as a definite type of economic order, a sort of "economic technique" as opposed to the socialist "technique." For this view, it is significant
2022: The Year of the Hangover?
2021 was the year of binge spending. 2022 is likely to be a hangover. Original Article: "2022: The Year of the Hangover?" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Will the Fed Pop the Everything Bubble?
The history of economic development cannot be understood without the importance of recession periods. Recessions are often the result of the excess accumulated in previous years. Creative destruction after a period of excess used to drive a stronger recovery and