Why It’s Looking More like the 1970s than the 1950s.
Last July when a team of White House economists issued their analysis of the predicament the US economy was mired in, the historical parallel they landed on was the immediate years following the Second World War. In their telling, it was similar
Putin’s Inflation? Homegrown Modern Monetary Theory Is to Blame
Prices of goods and services in the economy seem to be going through the roof, and both consumers and producers suffer from the falling value of their money. Unfortunately, the public turns to politicians in Washington and economists around the
Why Saudi Arabia Won’t Abandon Dollars for Yuan
Saudi Arabia could flee to gold or cryptocurrencies to escape the money-printing machine, but it won't replace the US dollar with an inferior fiat currency. Original Article: "Why Saudi Arabia Won't Abandon Dollars for Yuan" This Audio Mises Wire is generously sponsored
Keith Weiner on the Gold Market and How to Replace Government Paper Money
Keith Weiner is founder and CEO of Monetary Metals, an investment firm that pays interest on gold, and the founder of the Gold Standard Institute USA. Weiner’s mission is to provide entrepreneurial services and education to help restore gold as
No, More Bureaucracy Would NOT Have Saved Trump’s Paycheck Protection Program
The standard bureaucratic line after a program's failure is that the government agents didn't have enough authority or resources to handle the job. Neither explains the failure of Trump's Paycheck Protection Program. Original Article: "No, More Bureaucracy Would NOT Have Saved
What’s in a Name? Why the Definition of Capitalism Matters
Capitalism is often blamed for the effects of policies that aren't capitalism. This is why we need a better definition of capitalism. Original Article: "What’s in a Name? Why the Definition of Capitalism Matters" This Audio Mises Wire is generously sponsored by
The State: It’s Oligarchs All the Way Down
The standard history of post-Soviet Russia goes something like this. During the Soviet era, there were no real prices because of the Communists’ incessant, blanket meddling in economic activity. Nobody knew what anything was really worth. Not a loaf of
What Causes Exceptionally Low Inflation in Japan and Switzerland?
Recently, many industrialized countries such as the United States and the euro area have experienced high and further rising inflation, whereas in Japan and Switzerland inflation has remained low. While inflation reached 5.9 percent in the eurozone and 7.9 percent
The Economics of Woke Disney
Bob and Jeff get into the weeds of Disney's shareholders, revenues, and holdings in light of the company's recent spat with Florida Governor Ron DeSantis.
Why Are American Taxpayers Paying for Europe’s Defense?
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop look at Ryan's article, "NATO: Our International Welfare Queens" (Mises.org/RR_75_A), breaking down how American taxpayers are subsidizing European militaries. The two also look at the increasingly aggressive positions taken