The Missing Factor in Liz Truss’s Economic Recovery Plan
Despite much anticipation the economic recovery plan proposed by Britain’s new prime minister, Liz Truss, is missing one key ingredient that will ensure its failure—spending cuts. The new “temporary budget” presented by her chancellor of the exchequer, Kwasi Kwarteng, proposed
Parallel Structures Are the Only Way to Freedom
The battle for political supremacy in the West has been decided. The so-called progressives have won; conservatives and libertarians have lost. The “march through the institutions,” started by the misguided 1968 generation, has been successful, and their children and grandchildren
Latest Recession Alarm: Money-Supply Growth Fell in September to a 37-Month Low
Money supply growth fell again in September, dropping to a 37-month low. August's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. During the thirteen months between April 2020 and April 2021, money supply
Did Alex Jones Get What He Deserved?
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop look at the Alex Jones verdict and the weaponization of defamation law. Now that Twitter is under Elon Musk's control, will the regime increasingly turn to the court system
Housing Is Getting Less Affordable. Governments Are Making It Worse.
Insurance protects individuals from events that cannot be foreseen. As Murray Rothbard noted, however, deposit insurance exists to "protect" a system that is inherently bankrupt. Original Article: "Housing Is Getting Less Affordable. Governments Are Making It Worse." This Audio Mises Wire is generously sponsored
This Is Why the Yield Curve Just Inverted, Signaling a Coming Recession
In recent decades, every instance in which the economy contracted two quarters in a row has coincided with a recession. Nonetheless, the Biden Administration and the leadership at the Federal Reserve insist there is no recession now, nor is one
Honest Money in Dishonest Hands
For those who would find relief knowing the Bible sanctions a market-derived medium of exchange, Gary North’s Honest Money will come as a godsend (no pun intended). Even for those reprobates who forswear a religious worldview, his book will provide
Murray Rothbard Was Right: Deposit “Insurance” Is Not Insurance at All
Insurance protects individuals from events that cannot be foreseen. As Murray Rothbard noted, however, deposit insurance exists to "protect" a system that is inherently bankrupt. Original Article: "Murray Rothbard Was Right: Deposit "Insurance" Is Not Insurance at All" This Audio Mises Wire is generously
Are Seasonally Adjusted Economic Data Useful?
It is not possible to establish the conditions of the economy by just inspecting the data as a whole, according to many economists. What is required, instead, is to break the data into its key components, which supposedly will enable
“Spend Now, and Deal with the Consequences Later” Is the Worst Policy
Our current deficit policy amounts to "Give me your wallet, and you will deal with the credit card balance later." Original Article: ""Spend Now, and Deal with the Consequences Later" Is the Worst Policy" This Audio Mises Wire is generously sponsored by Christopher