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All of the excess of unproductive debt issued during the period of complacency will exacerbate the problem in 2023 and 2024. Original Article: "Will Global Rate Hikes Set Off a Global Debt Bomb?" This Audio Mises Wire is generously sponsored by Christopher Condon. 

On January 18, 1871, the German Empire was established after a seven-year conflict to unite the German confederacies. Prussia, a northern German state on the Baltic Sea would be the nation to unite Germany under a central ruler, Kaiser Wilhelm

Many investors forget that when the easy money is flowing, financial mediocrities and even outright frauds can be made to look like legitimate geniuses.  Original Article: "How Easy Money Fueled the FTX Crypto Collapse" This Audio Mises Wire is generously sponsored by Christopher Condon. 

As Democrats and Republicans across the country fought over control of Congress in this past midterm election, progressives in Massachusetts and California continued with one of their favorite pastimes: trying to raise taxes on the rich. In Massachusetts, voters were

[This article is excerpted from chapter 15 of Human Action.  This article follows "The Market, Part 1."] 8. Entrepreneurial Profit and Loss Profit, in a broader sense, is the gain derived from action; it is the increase in satisfaction (decrease in uneasiness)

Cheap money in the last decade has meant good times for companies that barely make money and hire employees who barely work. But those times are now ending.  Original Article: "Without Easy Money, the Tech Sector Faces Layoffs and Losses" This Audio Mises Wire is

Ours is an age of the progressive expert who nearly always is wrong but still is embraced by progressive politicians, the media, and academe. Original Article: "Are Progressive "Experts" Fallible? Yes, But Don't Tell Them That" This Audio Mises Wire is generously sponsored by

One might assume that new rounds of monetary stimulus will bring new peaks in housing construction, reversing the ongoing housing shortage.  That hasn't happened. Original Article: "The Housing Boom Is Already Over. The Housing Shortage Will Continue." This Audio Mises Wire is generously sponsored by

As of 2022 the national student debt reached $1.6 trillion with the average student loan debt at about $28,000. Many former college students are discovering it is difficult to pay back such a large amount of debt. This is especially

Prominent Democrats, including President Joe Biden, have repeatedly expressed interest in reinstating a federal assault weapons ban. Biden himself included an assault weapon ban in his 1994 crime bill, which lasted ten years until its expiration in 2004. Biden has