Why Today’s Abusers of the Scientific Method Are So Dangerous
It is, ironically, antiscience to ever declare that science is settled. Since man is not omniscient, the future will forever remain unknown, and more data can always falsify current scientific laws. Original Article: "Why Today's Abusers of the Scientific Method Are
Why Did Google Ads Ban LewRockwell.com?
One thing struck me as especially odd about Google’s ban of LewRockwell.com from its advertising program. This was the claim that articles on this site could “undermine participation or trust in electoral or democratic process.” I suppose what is meant
Nord Stream 2: The Value of German-Russian Cooperation
Hopefully, increased interdependence and overlapping interests will help to shape a future of stability in Europe and continue the precious absence of another major war on the continent. Original Article: "Nord Stream 2: The Value of German-Russian Cooperation" This Audio Mises Wire
How the Fed’s Easy Money Spurred Today’s Financial Frenzies
Though the effective federal funds rate remains less than 0.1 percent, the reaction of the markets and financial press as the ten-year Treasury yield crossed the 1.5 percent threshold near the start of the month reminds us just how fragile our economy’s underlying monetary framework
Berliners in 2021 Want to Expropriate Private Housing
The Berlin “housing crisis” has, of course, many causes. But most, if not all of them, are government made. Unfortunately, however, people blame “capitalists” for their plight. Original Article: "Berliners in 2021 Want to Expropriate Private Housing" This Audio Mises Wire is
Pre-Columbian America Wasn’t Exactly a Paradise of Freedom
The story of European colonization of the Americas is popularly understood as the conquest of American Indians—the end of natives’ control of the land and the beginning of their subjugation. The contingencies of indigenous agency and geopolitics mean that the
Why Does Money Have Value? Not Because the Government Says It Does.
Why do individuals desire to have money, which cannot be consumed and produces nothing? To provide an answer to this one must go back in time to establish how money emerged. Original Article: "Why Does Money Have Value? Not Because the
Why a Bear Market in Bonds Points to a Weakening Economy
After closing at 0.53 percent in July 2020 the yield on the ten-year US T-bond moved relentlessly higher, closing on Tuesday, September 28, 2021, at 1.55 percent. There is a growing likelihood that the July 2020 figure of 0.53 percent
Billionaire Plutocrat Jamie Dimon Wants to Ditch the Debt Ceiling
At a meeting with President Binden and other CEOs last week, JP Morgan Chase CEO Jamie Dimon predicted a global catastrophe if the debt ceiling is not raised. Dimon was echoing the words—nearly verbatim—of Biden’s Treasury secretary Janet Yellen in using the
Critiquing an MMT TED Talk
Bob provides a running refutation of Stephanie Kelton's recent TED talk on Modern Monetary Theory (MMT). Mentioned in the Episode and Other Links of Interest: Stephanie Kelton’s TED TalkBob’s review of Kelton’s book explaining MMTBob’s article on opting out of Social SecurityKelton’s