The Economic Illiteracy of the Bitcoin Stock-to-Flow Model
In March 2019, the pseudonymous “PlanB,” who describes himself as a “former institutional investor with 25 years of experience in financial markets,” published a short article describing what he dubs the “stock-to-flow” (S2F) model of bitcoin pricing. Influenced by Nick
Breaking Away: The Case for Secession, Radical Decentralization, and Small Polities
Breaking Away differs from countless other books on secession and decentralization in that it considers examples and benefits of secession and radical decentralization in a much broader historical, geographical, and theoretical context. This book is for anyone interested in how
We’re Getting Poorer: Price Inflation Grew Faster than Wages Again in September
The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, September was yet another month of soaring inflation. According to the BLS, Consumer Price Index (CPI) inflation rose 8.2 percent year over
Breaking Away: The Case for Smaller Polities
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022.
Austrian Economics versus the Federal Reserve
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022.
An Economic Perspective on Accusing Political Opponents of Racism
A winning political strategy, especially among Democrats, is to accuse their political opponents of racism, or at least "closet" racism. Yet simple economic analysis shows such accusations are illogical. Original Article: "An Economic Perspective on Accusing Political Opponents of Racism" This Audio Mises
Are We Now Americans By Occupation Only?
Connor Mortell joins Ryan McMaken and Tho Bishop to discuss his recent article entitled "We Are Not the Government, but America Is No Longer Anything More than the Government" and to consider what it means to be an American in the
A Commonsense Approach to the Austrian-Mainstream Methodenstreit
The mainstream of economics today makes use of mathematical techniques so extensively that to professionals and laymen alike, the discipline resembles a branch of applied mathematics. Consequently, the Austrian school (for whom math is of little importance in the study of
The Fed’s Real Mandate
The standard line is that the Federal Reserve System has two mandates, keep unemployment low and create price stability. Mark Thornton notes that the real agenda is found elsewhere. Original Article: "The Fed's Real Mandate" This Audio Mises Wire is generously sponsored
Higher Education Woes: Student Loans Help Fuel Higher College Costs
In my previous article on the college problem, I discussed the cultural factors that have contributed to the falling value of a university degree, which I hoped would show that we cannot reduce the decline of higher education to public