The Unending Farce of US Sanctions against Russia
While the economic sanctions against Russia are helping to impoverish people in that country, they are doing a lot of damage elsewhere too. Original Article: "The Unending Farce of US Sanctions against Russia" This Audio Mises Wire is generously sponsored by Christopher
We Need More Inequality, Not Less
We are bombarded regularly with narratives touting the ravaging effects of income inequality in capitalist societies. For many, inequality is the signature economic story of the twentieth century and must be averted at all costs. But inequality is only problematic
Entrepreneurship Should Be the Goal, Not White-Collar Jobs
Many of the best-known civil rights leaders eschewed entrepreneurship, emphasizing that blacks seek employment in the professions and government jobs. Original Article: "Entrepreneurship Should Be the Goal, Not White-Collar Jobs" This Audio Mises Wire is generously sponsored by Christopher Condon.
Man, Economy, and Tacos: Hispanic Voters and Political Realignment
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss Jill Biden's "Latinx" outreach and recent polling that illustrates a dramatic shift in political voting patterns. Are we seeing the end of the modern political party system? Do
Consumers, Workers, and Monopolies: Free Markets Serve All
Consumers aren't a section of society; they are not different from others. Anyone who buys goods and services is simply a consumer. In a modern economy, a consumer can buy goods and services with help of a tool called money. Undoubtedly,
Powell Is the New Arthur Burns, Not the New Paul Volcker
With his current timid, weak, and prevaricating position on price inflation, Powell is positioning himself as the new Arthur Burns, who did nothing to end 1970s inflation. Original Article: "Powell Is the New Arthur Burns, Not the New Paul Volcker" This Audio
Like the Old McCarthyism, the New McCarthyism Targets Russia
In January 1956, the iconoclastic leftist American poet Allen Ginsberg wrote “America,” a prose poem that laments the state of the country and the poet’s place in it. “America” was included in the short poetry collection entitled Howl, published by
Developing Countries Don’t Need Wealth Transfers; They Need Free Markets
The standard line among the Great Reset crowd is that capitalism exploits poor nations and causes poverty. In reality, capitalism and free markets have reduced poverty around the world. Original Article: "Developing Countries Don't Need Wealth Transfers; They Need Free Markets" This
Inflation Hits 9.1 Percent after Months of Empty Talk at the Fed
The US Bureau of Labor statistics released new CPI inflation estimates this morning, and the official numbers for June 2022 show price inflation rising to 9.1 percent, year over year. That's the biggest number since November 1981 when the price
Argentina’s Difficult Political Landscape and Libertarian Prospects for Change
Argentina, the mystery of South America. How could a country that was once the most prosperous in the world now rank seventy-third (see figure below)? It is also in sixth place in the Annual Misery Index. How could this happen? What's going on