Producers Should Reject Calls to “Give Back”
All too often we are told that government employment equals selflessness and working for profit constitutes greed. It's time to reassess the meaning of certain words. Original Article: "Producers Should Reject Calls to "Give Back" This Audio Mises Wire is generously sponsored
Central Banks Turn to Gold as Losses Mount
The only reason central banks buy gold is to protect their balance sheets from their own monetary destruction programs; they have no choice but to do so. Original Article: "Central Banks Turn to Gold as Losses Mount" This Audio Mises Wire is
Subsidizing Higher Education Is Not Creating Widespread External Benefits
President Biden’s student debt relief proposal created a storm of controversy. That is not surprising, since it was a transparent (and apparently successful) attempt to buy the votes of an important Democratic constituency, even though it created a target-rich environment
The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments
Every so often, I check my investment portfolio to see how it is doing. (I stay out of stocks these days, but that is due to my personal situation and is not to be taken as investment advice.) Portfolios are
Why This Recession is Different
Back in January Jeff Deist joined the Austrian Economics Discord Server for a live event concerning trends in 2023. Jeff makes the case for viewing today's economy as quite unlike that of 2007—due to steady increases in CPI, more fiscal
The End of a Free Ride
Two economists walk into an AERE happy hour in New Orleans. One says, “Hey, are you and Economist 3 done providing that awesome public good?” Two says, “Ya know, we’ve been thinking about providing it again!” One says, “DO IT! It’s so useful
It’s Never Too Late to Begin Protesting against the Proposed Central Bank Digital Currency
Whether you like it or not, central bank digital currencies (CBDCs) are coming. That’s the message in a recent tech column in the Wall Street Journal. A similar tone can be found coming from organizations like the World Economic Forum,
They Won’t Leave Us Alone: The Invasion of Politics
Forget minding your own business. Ours is the age of invasive politics, demanding we take sides no matter how much we would like to be left alone. Original Article: "They Won't Leave Us Alone: The Invasion of Politics" This Audio Mises Wire
The Fed’s Immaculate Disinflation
Will the Fed be successful with its "Immaculate Disinflation"? Or, will we still have to "pay an even higher price" for their use of Weapons of Massive Monetary Destruction in 2020-21? Be sure to follow Minor Issues at Mises.org/MinorIssues.
Ominous Parallels Reconsidered
Forty years ago, I reviewed Leonard Peikoff’s Ominous Parallels very negatively, and with one exception, of which the less said, the better, this proved to be the most controversial review I have ever written. Perhaps it is time for a