The Present Fiat Monetary System Is Breaking Down
The heart of economic growth is an expanding subsistence fund, or the pool of real savings. This pool, which is composed of final consumer goods, sustains individuals in the various stages of the production process. The increase in the pool
Woke Egalitarianism and the Elites
Modern progressives are not "reformers." Instead, as Murray Rothbard wrote, the progressive method is to seize control of the state and impose their own agenda on everyone. Original Article: "Woke Egalitarianism and the Elites" This Audio Mises Wire is generously sponsored by Christopher
Budget Deficit Hits Monthly Record Due to Biden’s Policies
Federal budget deficits are increasing, but the Biden administration shows no signs of restraining its spending. This is not going to end well. Original Article: "Budget Deficit Hits Monthly Record Due to Biden’s Policies" This Audio Mises Wire is generously sponsored by Christopher
Forget Oil. Now They Are Coming for the Cows
Not satisfied with hamstringing the oil and gas industries, environmentalists now are shutting down farms and production of livestock, all in the name of fighting climate change. But people still need to eat. Original Article: "Forget Oil. Now They Are Coming for
The FDA and the Courts Fail to Truly Discipline the Pharmaceutical Industry for Exploiting the Mentally Ill
Can you imagine giving people who are already suffering from mental illness a drug that you know will make them worse? Sounds like something out of a sadistic horror movie. Long-term mental illness sufferers experience such torturous states of mind
A Short Essay on Sound Monetary Policy
This will be brief, appropriate to the topic at hand. It consists of a quote from Milton Friedman found in Joseph Salerno’s outstanding book, Money: Sound and Unsound: If a domestic money consists of a commodity, [such as] a pure gold standard
Family Destruction and Its Socialist Cheerleaders
If anyone believes that it is reactionary hysteria to claim the radical Left wishes to destroy the traditional family, then let Sophie Lewis’s 2022 book, Abolish the Family, allay such concerns. This “Manifesto for Care and Liberation” sets forth the
Again the Government Is Taking Antitrust Action against Microsoft. Again This Is Wrong.
Once again, after two decades of silence, the Federal Trade Commission (FTC) is cracking down on Microsoft. For what? Microsoft is accused of monopolistic tendencies in their recent bid to acquire the company Activision Blizzard. What is ironic about the FTC’s
How FedGov Destroyed the Housing Market
There is no real housing market in the US. Instead, an unholy trinity of Fannie/Freddie, the US Treasury, and the Federal Reserve Bank operate to distort the market at every turn and drive home prices up dramatically. Mises Institute Senior
The Economic Superbowl: 1920–21 versus 1930–31
By all measures, the economic downturn that began in 1920 was worse than what occurred in 1930, yet the economy recovered quickly in 1921. Why the difference? Original Article: "The Economic Superbowl: 1920–21 versus 1930–31" This Audio Mises Wire is generously sponsored by