February Money-Supply Growth Hit Yet Another All-Time High.
In February, money supply growth hit yet another all-time high. February's surge in money-supply growth makes February the eleventh month in a row of remarkably high growth, and came in the wake of unprecedented quantitative easing, central bank asset purchases, and various stimulus packages. During February 2021, year-over-year
Europe’s Vaccine Programs Are About As Successful As their Lockdowns
For many months, the governments of European Union have made it clear they view the distribution and administration of a covid-19 vaccines as a public policy priority. Whatever one may think of the vaccines, the fact remains Europe’s regimes think
Shays’s Rebellion
[Chapter 11 of Rothbard's newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] Massachusetts suffered particularly from the economic aftermath of the Revolutionary War as its fisheries trade was cut off and its exports to the West Indies were sharply
Real Savings Are at the Heart of Lending
After climbing to 12.2 percent in April last year, the yearly growth rate of combined commercial bank real estate and consumer and business loans plunged to –2.6 percent in early March. For most commentators an important factor in setting economic prosperity in motion is
Shawn Needham: How Consumers and Entrepreneurs Co-Navigate Value Uncertainty in Healthcare
Austrian economics provides new insights into value: what it is, how it is created, and who creates it. The insights are summed up by Professors Per Bylund and Mark Packard in our E4B podcast episode #108 (see Mises.org/E4B_108). One of
The Big Rajya Sabha Debate of 17th March 2021
Foreign Direct Investment is a type of investment which is made by a firm or company in one country into a business or company in another country. On 1st February 2021, in the first paperless Union Budget session since independence, the
Homicides Are Way Up in 2020, and Covid Lockdowns Are a Likely Cause
If we’re going to ask ourselves what might have caused such an unusually large rise in homicide, we ought to look for very unusual events. Covid lockdowns certainly fit the bill. Original Article: "Homicides Are Way Up in 2020, and Covid
Can Las Vegas Recover from Covid?
The Clark County Commissioners voted recently to rename McCarran Airport to Harry Reid International Airport. The vote was unanimous among those who rule the Las Vegas Strip. The public doesn’t understand why Las Vegas International Airport wouldn’t do if McCarran’s past
GDP Hides the Damage from the Covid-19 Lockdowns
Do not believe government pronouncements that the economy is rebounding from very minimal damage caused by unprecedented covid-19-inspired closures of businesses. Government will use its favorite statistic of the health of the economy to justify its actions—gross domestic product (GDP). GDP
Lockdowns Are More Economically Devastating Than Voluntary Social Distancing
Once again, several European countries have extended and tightened lockdowns, despite the continent having been under recurrent strict confinement measures since the beginning of the pandemic. The population watched in disbelief how new restrictions were added to the already heavily