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Money supply growth rose slightly in November, rising above October's twenty-one-month low. Even with November's rise, though, money supply growth remains far below the unprecedented highs experienced during much of the past two years. During thirteen months between April 2020 and April 2021, money

The 1947 Mont Pèlerin Society meeting [in Switzerland] was enough to satisfy Mises's curiosity about Europe and European scholars for quite some time. Europe lay in shambles, even Paris was in rags. He did not even wish to think about

Continued from part 1. The story in its popular outline is well known. Facing persistent stagflation, the new chair of the Federal Reserve, Paul Volcker, set out to cure the American economy via a treatment of shock therapy, rapidly hiking interest rates. From 1979

The headline 3.9 percent unemployment rate looks positive, but job creation fell significantly below consensus, at 199,000 in December versus a consensus estimate of 450,000. The weak jobs figure should be viewed in the context of the largest stimulus plan in

According to new data released Wednesday by the Bureau of Labor Statistics, price inflation in December rose again to a new multi-decade high, rising to the highest level recorded in nearly forty years. According to the Consumer Price Index (CPI) for December, year-over-year price

In this episode of Radio Rothbard, Ryan and Tho trade predictions for the year ahead. Topics include the importance of internal primaries ahead of next year's mid-terms, predictions on what the Fed will do with rising inflationary pressure, and what

[This article is taken from chapter 4 of The Betrayal of the American Right.] During the 1920s, the emerging individualists and libertarians — the Menckens, the Nocks, the Villards, and their followers — were generally considered Men of the Left; like

The history of money and banking in the United States since World War II is one of extremes. From stability to chaos, hubris to paralyzing fear, the era is perhaps best understood in terms of two roughly overlapping periods. The first, spanning

During a confirmation hearing with the US Senate this week, Fed chairman Jerome Powell was asked about whether or not a digital currency issued by a central bank could exist side by side with private cryptocurrencies. Powell responded that there is nothing

In this episode of Liberty vs. Power, Patrick and Tho look at the success of the Jeffersonians following the corruption of Hamilton's Federalist Party. With the support of Treasury Secretary Albert Gallatin, the Jeffersonian Administration is able to slash the