The Higher Ed System Is Ripping Us Off
Ryan McMaken and Tho Bishop talk with historian Chris Calton about student loans, "the college experience," and the lack of ideological diversity on college campuses today. Recommended Reading "College as an Economic and Social Problem: Dealing with the Culture" by Chris Calton:
What Do Supply and Demand Curves Really Tell Us? Not Very Much
It is easy to think of supply and demand curves as being key to economic analysis. In reality, they can't tell us much, and emphasizing them actually stands in the way of better understanding economic processes. Original Article: "What Do Supply and
Secession: Coming to a State Near You?
Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Politiesby Ryan McMakenMises Institute, 2022, 230 pp. Those of us who think that there should be no state at all, or at most a very limited one, must view all existing
The Need for Beauty in Economics
Free Markets are often criticized for producing ugly, dystopian, consumer-driven landscapes, but is this true? Jeff explains how we need more than intellectual appeal to advance the cause of liberty—we need an appeal to beauty. Watch other talks from our 40th
College as an Economic and Social Problem: Dealing with the Culture
Even while Americans deal with skyrocketing higher education costs, few would challenge the worth of college and fewer still question the campus culture. Yet, that is precisely where the problems lie, even if people don't recognize it. Original Article: "College as
The Dollar’s Global Wake of Destruction
While whispers of the current emerging market debt crisis, the result of the rapidly strengthening dollar, could be heard throughout the summer, virtually no one predicted the blow the dollar’s rise would deal to some other developed economies. But with
Applying Volcker’s Lessons
[Originally published by Law and Liberty.] The year 2022 has certainly been a tough one for the Federal Reserve. The Fed missed the emergence of the runaway inflation it helped create and continued for far too long to pump up the housing
We’re Getting Poorer: Price Inflation Grew Faster than Wages Again in September
There are only painful options for bringing price inflation under control at this point, and that's all thanks to the Fed's creation of countless bubbles and malinvestments over the past decade. Original Article: "We're Getting Poorer: Price Inflation Grew Faster than
Federal Reserve Tampering with Interest Rates Distorts the Shape of the Yield Curve
For many commentators, a change in the shape of the differential between the long-term interest rate and the short-term interest rate—i.e., the yield spread provides an indication of the likely direction of the economy in the months ahead. Thus, an
The West Didn’t Become Rich Because of Slavery But in Spite of It
The modern progressive narratives claim that the wealth of the West and especially of the USA was built upon the backs of slaves. In fact, slavery retarded economic growth. Original Article: "The West Didn't Become Rich Because of Slavery But in