The Fed’s 2% Inflation Target
Mark Thornton explains the target as another smokescreen that was originally intended to stabilize monetary policy, currencies, and exchange rates, but has become a justification for inflation and central bank manipulation. Be sure to follow Minor Issues at Mises.org/MinorIssues.
The Forgotten Lessons of Government-Enforced Race Relations
On April 23, 2003, in South Side Chicago, Reverend Jeremiah Wright cursed America for treating blacks as less than human. Such harsh rhetoric should not seem surprising given the US government’s history of involvement in race relations. Judge Andrew P. Napolitano
How Government Spending Hurts the Economy
[In this chapter from Man, Economy, and State, Murray Rothbard explains how government employees consume productive resources, while both taxes and government spending distort the economy.] For years, writers on public finance have been searching for the “neutral tax,” i.e., for
The Economics of American Gerontocracy
With Yale economics professor Yusuke Narita suggesting mass suicide—seppuku—as the answer to Japan's rapidly aging demographics, Jeff and Bob take a hard look at the economics and humanity of greying America. Richard Hanania, "Gerontocracy Versus Western Civilization": Mises.org/HAP383a Bob on opting out
Good Causes, Brand Trust, and Profits: Why YouTuber’s Private Charity Is Wrongly Criticized
No good deed goes unpunished claims the old proverb, and twenty-four-year-old YouTuber Jimmy Donaldson’s recent charity act of helping one thousand blind people see again has the world divided on the moral circumstances surrounding his private charity. Some would go
Fighting Inflation Really Means Fighting the Federal Reserve
These days, the Fed and Chairman Jerome Powell are claiming the title of "inflation fighters." The more appropriate moniker should be "inflationists." Original Article: "Fighting Inflation Really Means Fighting the Federal Reserve" This Audio Mises Wire is generously sponsored by Christopher Condon.
The Government Seeks Totalitarian Money
The Global Currency Plot: How the Deep State Will Betray Your Freedom, and How to Prevent Itby Thorsten PolleitLudwig von Mises Institute, 2023; 190 pp. Thorsten Polleit’s outstanding new book is packed with insights about both the philosophy of economics and
Why the End of the Petrodollar Spells Trouble for the US Regime
By itself, the end of the petrodollar won't destroy the dollar. But it will continue a trend that weakens both the dollar and the US regime's power. Original Article: "Why the End of the Petrodollar Spells Trouble for the US Regime" This Audio Mises
Taxation Is Theft and Cannot Be Justified Even for Charitable Causes
In her article “Multinationals Make Obscene Profits Out of Global Crises—Tax Them to Defend Human Rights,” Magdalena Sepúlveda called for more taxation of multinational corporations and the rich as a means to finance policies that are aimed at protecting the