Surveys or Specifics: Do Economies Respond to Consumer Expectations or the Facts at Hand?
In order to gain insight into the future state of the economy, some analysts utilize consumer and business surveys. Randomly selected consumers and businesspersons are asked to provide their views about where the economy is heading. If a survey shows that,
Go to War for Taiwan?
Ryan McMaken and Zachary Yost discuss some of the strategic problems and historical oddities surrounding the relationships between the US, China, and Taiwan. Additional Resources "Can China Conquer Taiwan?" Radio Rothbard with Ryan McMaken, Zachary Yost, and Tho Bishop: Mises.org/WES_03_A "The World at War" by Ralph
Yellen: “Recession” Doesn’t Mean What You Think It Means
With inflation making workers poorer, and with midterm elections looming, Janet Yellen is doing damage control by arguing over the definition of "recession." Original Article: "Yellen: "Recession" Doesn't Mean What You Think It Means" This Audio Mises Wire is generously sponsored by
Profits Are Not Random. They’re How Entrepreneurs Help Allocate Resources Efficiently.
In many cultures, profit is seen as the result of individuals exploiting other individuals. Profits, however, have nothing to do with exploitation. Instead, they reflect the actions of entrepreneurs who supply consumers in the most efficient ways with valued products. For
The Politcization of Economics
Has economics fallen to politics? Court economists like Paul Krugman–we might call them "regime economists"–represent a profession in big trouble. Jeff and Bob discuss. Michael Tanner, "PIketty Gets it Wrong": Mises.org/HAP355-1 Bob Murphy on the economics establishment vs. Judy Shelton: Mises.org/HAP355-2 Jeff Deist
Inflation Takings Require Just Compensation: Slash Governments!
Forget Biden's claim that his government is "fighting inflation." His government is creating inflation, and in so doing robbing people of their savings and earnings. Original Article: "Inflation Takings Require Just Compensation: Slash Governments!" This Audio Mises Wire is generously sponsored by Christopher
Do Tariffs Create Prosperity? Challenging the Populist Right on Trade
Although I am excited about the prospects for liberty potentially offered by the populist Right, I find their misunderstandings regarding international trade frustrating. And their skepticism of trade isn’t a nuanced critique, say, of trade policy with China and the vulnerabilities
The Rise of “Constitutional Carry” Is a Sign of Failing Trust in Government
Come next January, Alabama will be the 25th state to allow the carrying of concealed weapons without a permit. Alabama will soon join Indiana which in March of this year passed a new statute allowing permitless concealed carry in that state—sometimes
Regional Territories: A Decentralization Plan for the USA
As political divisions worsen in the United States, one remedy besides secession might be to create semiautonomous regional territories. Original Article: "Regional Territories: A Decentralization Plan for the USA" This Audio Mises Wire is generously sponsored by Christopher Condon.
Thomas Paine on Paper Money
I remember a German farmer expressing as much in a few words as the whole subject requires; "money is money, and paper is paper." All the invention of man cannot make them otherwise. The alchemist may cease his labors, and the