In Defense of Defaulting on the National Debt
Conventional wisdom says a country should manage its debts, but what if debt has become uncontrollable? Original Article: "In Defense of Defaulting on the National Debt" This Audio Mises Wire is generously sponsored by Christopher Condon.
The Great Reset in Action: Ending Freedom of the Press, Speech, and Expression
Governments, corporations, and elites have always been fearful of the power of a free press, because it is capable of exposing their lies, destroying their carefully crafted images, and undermining their authority. In recent years, alternative journalism has been growing
What Will It Take to End Rampant Home-Price Inflation?
Real wages are falling, inflation is at a 40-year high, and the Atlanta Fed predicts we'll find GDP growth at zero for the second quarter. Meanwhile, both the yield curve and money-supply growth point to recession. But when it comes to
How Money Printing Destroyed Argentina and Can Destroy Others
Inflation in Argentina is far worse than neighboring countries. It has only one cause: an extractive and confiscatory monetary policy—printing pesos without control and without demand. Original Article: "How Money Printing Destroyed Argentina and Can Destroy Others" This Audio Mises Wire is
What Information Overload Can Teach Us
Americans are bombarded with so much information that it is hard not to realize how little we know about all that is going on in the world. This awareness is valuable, because it means we can avoid some major mistakes, triggered
How Bad Were Recessions Before Creation of the Fed? Not As Bad As They Are Now
With a recession looming over the average American, the group to blame is pretty obvious, this group being the central bankers at the Federal Reserve, who inflate the supply of currency in the system, that currency being the dollar. This
Peter Lewin and Steven Phelan: How Do Entrepreneurs Calculate Economic Value Added? Subjectively.
At the core of the entrepreneurial orientation that is the engine of vibrant, growing, value-creating, customer-first businesses, we find the principles of subjectivism and subjective value. Subjective value embraces not only the value the customer seeks, but also the value
Jamaica’s Experience Shows That Even Draconian Gun Control Will Not Stop Gun Violence
In the wake of mass shootings, progressives claim that draconian gun laws will stop these tragic events. However, the gun control record in places like Jamaica provides contrary evidence. Original Article: "Jamaica's Experience Shows That Even Draconian Gun Control Will Not Stop
Economic Winter Has Arrived
The average card-carrying Austrian would say that the Federal Reserve is creating money by the bale, with evidence being Consumer Price Index prints of 8.6 percent per the Bureau of Labor Statistics or over 15 percent per John Williams’s shadowstats.com computation
A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and Taxes
African economies aren't being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes. Original Article: "A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and Taxes" This Audio Mises Wire is generously sponsored by Christopher Condon.