Are Capital Markets Corrupt?
Hunter Hastings of Economics for Business joins Jeff for a thoroughgoing discussion of how monetary and fiscal policy distort capital markets and create perverse incentives for financialization rather than real production. Jeff Deist, "Does M&A benefit the economy?": Mises.org/HAP373-A Rothbard's America's Great
Renewables and EVs in the Grip of Lesseps Syndrome
The so-called green energy strategy is no strategy at all. Instead, it is an attempt to cripple the energy industries in vain hopes that renewables will magically cover the energy shortfall. Original Article: "Renewables and EVs in the Grip of Lesseps
Digital Currency: The Fed Moves toward Monetary Totalitarianism
The Federal Reserve is sowing the seeds for its central bank digital currency (CBDC). It may seem that the purpose of a CBDC is to facilitate transactions and enhance economic activity, but CBDCs are mainly about more government control over individuals.
Blowing Up the World When So Little Is at Stake
In last week’s column, I discussed Christophers Coyne’s excellent book In Search of Monsters to Destroy, a cogent account of America’s endeavor to build a “liberal” informal empire. Coyne shows the inherent contradiction of using brutal means to achieve humane
Deflation Is Not a Problem: Reversing It Is
Keynesian economists claim that deflation is as bad or worse than inflation. But deflation not only reverses inflation's bad effects but also allows new wealth creation. Original Article: "Deflation Is Not a Problem: Reversing It Is" This Audio Mises Wire is generously sponsored
Why Investors Are Obsessed with the “Fed Pivot”
In a recent Bloomberg article, a group of economists voiced their fears that the Federal Reserve’s inflation fight may create an unnecessarily deep downturn. However, the Federal Reserve does not create a downturn due to rate hikes; it creates the foundations of a
Teaching Critical Race Theory Isn’t Education; It’s Indoctrination
A recent report by the Manhattan Institute (a conservative think tank) showed that critical race theory (CRT) concepts are being taught in many high schools across America. The report was based on a survey of 1,505 nationally representative Americans aged 18–20 and
The Jobs “Boom” Isn’t So Hot When We Remember Nearly Six Million Men Are Missing from the Workforce
Last week, the employment news was all about how payrolls increased by 269,000 jobs and blew past expectation. Yet, if when looked at the actual number of employed persons, it turned out that the number of employed people has actually
Who Has Better Ethics, the Social Security System or Bernie Madoff?
Nearly everyone has heard of Bernie Madoff and rightly associates his name with financial fraud. Yet, the Social Security system is built on a Ponzi scheme similar to what Madoff created. Original Article: "Who Has Better Ethics, the Social Security System
Pentagon Fails Fifth Straight Audit, Does Anyone Care?
On this episode of Radio Rothbard, Tho Bishop and Ryan McMaken discuss the recent report that the Pentagon has failed its fifth straight audit and why no one seems to care. Why has the public lost interest in basic fiscal