To Fight Russia, Europe’s Regimes Risk Impoverishment and Recession for Europe
European politicians are eager to be seen as “doing something” to oppose the Russian regime following Moscow’s invasion of Ukraine. Most European regimes have wisely concluded—Polish and Baltic recklessness notwithstanding—that provoking a military conflict with nuclear-armed Russia is not a good
Murray Sabrin: What Entrepreneurs Do When The Yield Curve Inverts
To what extent should entrepreneurial businesspeople concern themselves with macro-economic variables? At E4B, our point of view is: not much. We don’t believe you can fully trust the data, we don’t believe you should put much credence in the interpretations
Mises in Defense of Edgeworth
Introduction by Joseph T. Salerno: Mises's review of Francis Ysidro Edgeworth's collected papers was published in German in 1926. It was translated by JoAnn Rothbard and appears here in English for the first time. Despite its brevity, it is an extremely important
If We Ride the Cantillon Wave, We Should Remember That We’ll Crash with It Too
My daughter sometimes surfs the bore wave that heralds the incoming tide at Turnagain Arm, Alaska. The wave, or waves, to be exact, can reach a height of ten feet, but are usually smaller. Regardless of the size, the waves
Populism and the Future of the Fed: A New Book from Cato’s Center for Monetary and Financial Alternatives
The distinguished contributors to Populism and the Future of the Fed examine populist demands to expand the Fed’s mandate and the threat to the demarcation between fiscal and monetary policy. All the essays, except those by Charles Plosser and me,
We Still Haven’t Reached the Inflation Finale
Is it too much to hope that the current inflation will "burn out" via similar mechanisms that have reined in inflation in the past? Original Article: "We Still Haven't Reached the Inflation Finale" This Audio Mises Wire is generously sponsored by Christopher
Heavy Sanctions against Russia Could Usher in a Wider Economic War
The sanctions against Russia have the potential to spiral into something much larger. Indeed, many governments are using the current conflict as an opportunity to further push "green energy," rearmament, and other big-spending schemes. Original Article: "Heavy Sanctions against Russia Could
Are Equal Pay Arguments Based upon the Labor Theory of Value?
Following the 2019 Women’s World Cup, the issue of women’s pay moved even more to the front pages as Women’s soccer star Megan Rapinoe spoke out: Men are so often paid and compensated on the potential they show, not necessarily what they’ve actually
Jon Stewart Asks Great Questions of Federal Reserve Chief
In a recent episode of “The Problem With Jon Stewart,” the former Daily Show host asks former president of the Kansas City Fed Thomas Hoenig why the Fed couldn’t have bailed out homeowners, or just “quantitative ease” away the Treasury’s