The Biden Administration’s Ignorant Energy Policies: Higher Gas Prices Are Only the Beginning
Americans are looking at a grim energy future, thanks to government. Original Article: "The Biden Administration's Ignorant Energy Policies: Higher Gas Prices Are Only the Beginning" This Audio Mises Wire is generously sponsored by Christopher Condon.
California Scheming: The Progressive Leadership’s New Plan to Impose High-Cost, Low-Quality Medical Care
California's progressive political classes now have a scheme to impose a single-payer system for medical care. If imposed, it will be costly but also ineffective. Original Article: "California Scheming: The Progressive Leadership's New Plan to Impose High-Cost, Low-Quality Medical Care" This Audio
The Return of the Anguish of Central Banking: Why the Fed and Inflation Go Hand in Hand
(The following text is a revised update of an article that was first published in 2005.) The recent outbreak of price inflation with the jump to an annual rate of 8.6 percent in May 2022 came as a surprise to the
Wholesale Prices Rise More than 10 Percent, Pointing to Continued Price Hikes
Year-over-year PPI growth came in at over 10 percent for the sixth month in a row. This will put more pressure on the Fed to "do something." Original Article: "Wholesale Prices Rise More than 10 Percent, Pointing to Continued Price Hikes" This Audio Mises
Why Police Do Nothing While Kids Are Killed
Here is an often-used tactic employed to defend government police organizations from criticism. Whenever critics point out police incompetence of abuse, defenders counter with: "The next time you need help, call a crack head!" This same phrase was used by
Is Google’s LaMDA Woke? Its Software Engineers Sure Are
An article in the Washington Post revealed that a Google engineer who had worked with Google’s Responsible AI organization believes that Google’s LaMDA (Language Model for Dialogue Applications), an artificially intelligent chatbot generator, is “sentient.” In a Medium blog post, Blake
Market Success Is about Giving People What They Want
Progressives believe that economies should be run by high-IQ "experts." But successful market economies require entrepreneurs with an idea and the willingness to face uncertain economic conditions. Original Article: "Market Success Is about Giving People What They Want" This Audio Mises Wire is
US Household Saving Rate Vanishes, Credit Card Debt Soars
The United States consumption figure seems robust. An 0.9 percent rise in personal spending in April looks good on paper, especially considering the challenges that the economy faces. This apparently strong figure is supporting an average consensus estimate for the second-quarter
The Problem with Standing Armies
Ryan McMaken and Zachary Yost examine some reasons why early Americans hated the idea of a professional standing army, and some of the tactics used to decentralize military power in the US and Switzerland. Recommended Reading "Why We Can't Ignore the Militia Clause
Easy Money, Easy Lies
Strange how campaign season leads to the usual political drama over taxes. Republicans have learned the hard way that they should never raise them, at least not in ways that are noticeable. They accuse Democrats of plotting secret increases. The